Driven by higher investment income, Partners HealthCare’s earnings climbed 33.5 percent to $352.3 million for 2012, up from $263.8 million in the prior fiscal year, the largest health care organization in Massachusetts reported Friday.
Partners HealthCare System Inc. posted a financial gain of $33.4 million in the fourth quarter, which ended Sept. 30, reversing a loss of $122.1 million a year earlier, when its investments did not do well.
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It is absolutely impossible to truly understand a word of this report. The language used is an unending stream of vague language masking decisions about how to categorize numbers.