from The Boston Business Journal

Milton Hospital Inc. said its net loss ballooned in fiscal 2009 amid a flurry of market shocks that inflicted double-digit declines within its endowment and investment portfolios.

The Milton, Mass.-based nonprofit hospital said its total assets slipped 12 percent to $103.9 million in the year ended Sept. 30, down from the $116.9 million a year earlier, according to recent financial filings. (Read the full story here.)