News Headlines Article

Sutter system looks at $700 million in savings
North Bay Business Journal

Sutter Health is looking to trim costs by $700 million across its expansive hospital system by 2014, a move that so far has unrealized impact across the North Bay but will require fiscal belt-buckling nonetheless.

The ambitious savings sought by the Sacramento-based health chain are a direct result of health care reform and rising health care costs, according to a letter sent to Sutter employees by Chief Executive Officer Pat Fry. He noted that Sutter has already saved $37 million by reducing infection rates that can lead to longer, more costly stays at the hospital.