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Sutter Health posts rosy results, warns of financial strains ahead
Sacramento Bee

Sacramento-based Sutter Health saw both income and revenues rise in 2010, the health network reported Friday, but Sutter’s president cautioned that “unprecedented” financial challenges loom.

President and Chief Executive Officer Patrick Fry, in a letter to employees, cited a host of factors, from the federal health care overhaul to the state’s budget woes, in calling for cost reductions. “(I)t’s going to be difficult for us to continue generating the same level of earnings we’ve achieved in the past,” Fry said in the letter released with Friday’s earnings report.