Grady Cuts Operating Loss to $4.4 Million
Grady Memorial Hospital, on the verge of financial collapse about two years ago, has reached financial stability and improved patient care, hospital officials said.
That assessment is remarkable considering that the hospital then owed medical supply companies $40 million. It owed Emory and Morehouse medical schools $60 million. Broken X-ray machines could not be replaced, patient beds were breaking down, and some doctors refused to use the antiquated cardiac catheterization machine.