News Headlines Article

Sacramento’s Sutter Health saw steep decline in net income in 2015
Sacramento Bee

Sacramento-based Sutter Health reported net income of $81 million in 2015, a nearly 80 percent plunge from $402 million in 2014.

The nonprofit health system cited multiple factors that prompted the decline.

Sutter said it lost $142 million in investments and trading transactions last year, compared with a $39 million gain in 2014. The system said income from daily operations of its hospitals, care centers and other services totaled $287 million last year, down 31.5 percent from $419 million the prior year.

Commands