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Sutter Health’s new HMO gets ready to take on state’s health-plan giants
San Francisco Business Times

Sutter Health Plus, the new in-house HMO at Sutter Health, lost $5.1 million in the third quarter, and $13.1 million cumulatively through Sept. 30, on $21.25 million in revenue, the Sacramento health system confirmed. Its first year of operational results began Jan. 1, 2014. The big loss isn’t necessarily a problem, however, since the new health plan remains in the startup phase. “As with any new health plan, Sutter Health Plus needs a solid membership base before we can reach break even,” Sy Neilson, a Health Plus spokesman, told me Monday, noting that the newbie health plan is “a few years away from that point.”