Jackson Memorial Hospital experiences financial turnaround

JMH says it saved money by cutting overtime and other operating expenses

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MIAMI, Fla. - Financially troubled Jackson Memorial Hospital says it is in the black for the first time in five years.

The hospital reported assets of $423 million and liabilities of $420 million. That means they made $3 million dollars. 

JMH says cutting overtime and other operating expenses, as well as helping uninsured patients apply for Medicare helped save some money.

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