, Gloucester, MA

Letters/My View

December 14, 2012

Addison Gilbert portfolio worth $90M

To the editor:

Earlier this week, I sent in to the Gloucester Daily Times two versions of a letter to the editor with a request that the second, later revised version, not the first, be printed. Unfortunately, the first version was printed. In the revised letter, I had eliminated the statement “AGH investments had enriched Northeast by more than $9 million a year every year since the merger.” That paragraph should have said:

“An independent financial analyst of health care organizations has reviewed the audited financial reports of Northeast since 1996. He concludes that AGH has been a financial boon, not a drain, on Northeast. At least 55 percent of Northeast’s investment portfolio originated at AGH, now worth over $90 million. AGH cumulative investment income has been more than enough to offset operating deficits with lots to spare.”

Peggy O’Malley, RN

Chairwoman, Partners for Addison Gilbert Hospital

Text Only | Photo Reprints
Letters/My View

NDN Video
Bill Murray Continues To Be Just Bill Murray By Eating Some Free Bill Murray Ice Cream Deja vu: Another NYPD officer choke-holding a suspect Hillary Clinton Blamed Bill's Affair With Monica Lewinsky On Abuse He Suffered As A Child 'Fifty Shades of Grey': Watch the Super Sexy First Trailer Now! Reports: Ravens RB Ray Rice Suspended For 1st 2 Games Of The Season Chapter Two: Becoming a first-time director Air Algerie plane with 119 on board missing over Mali Diamond Stone, Malik Newman, Josh Jackson and others showcase talent Free Arturo - The World's Saddest Polar Bear A Look Back at Batman On Film Through The Years LeBron James -- Dropped $2k On Cupcake Apology ... Proceeds To Benefit Charity Snoop Dogg Says He Smoked Weed at the White House Raw: Fight Breaks Out in Ukraine Parliament Chris Pratt Interrupts Interview To French Braid Intern's Hair Shirtless Super Mario Balotelli Dances While Ironing - @TheBuzzeronFOX Whoa! Watch "Housewives" Star Do the Unthinkable LeBron apologizes to neighbors with cupcakes Justin Bieber In Calvin Klein Underwear Shoot Samsung Pre-Trolls The IPhone 6 With New Ad Jimmy Kimmel Introduces His Baby Girl