CLEVELAND -- Before a crowd of hundreds at the Cleveland Convention Center that included politicians, stakeholders, heads of other hospitals and average citizens, MetroHealth President and CEO, Dr. Akram Boutros, announced his goal is to have the hospital subsidy free and operating on its own by 2016.

Metro ended last year $19 million in the black last year thanks to a series of cost cutting measures that did not include layoffs. In fact the hospital was able to hire 200 new employees and still save money.

Dr. Boutros also outlined a transformation plan that would change the face of the more than a century old hospital. Ideas for new buildings, green space but perhaps just as importantly an investment into the W. 25th street corridor from Ohio City to Old Brooklyn.

He spoke exclusively to Channel 3 Senior Health Correspondent, Monica Robins. Click on the video to hear more details of the state of MetroHealth and its future.