News
March 2, 2009
Zach Ingbretsen / The Dartmouth Staff
In the wake of a $100-million investment loss, Dartmouth-Hitchcock Medical Center will defer salary raises until June 2009 and will put a "cautious filter" on all staff hiring as well as capital expenditures, major projects that usually cost more than $10,000, according to Jason Aldous, DHMC's media relations manager.
Although DHMC's $400-million investment portfolio lost 25 percent over a 10-month period, Aldous said, the center remains financially sound.
"Right now, DHMC is financially stable," Aldous said.