News Headlines Article

Sutter Health’s profit makes a healthy jump
San Francisco Business Times

Sutter Health, a Sacramento-based nonprofit battling a reputation for high costs, said its net income jumped 34 percent last year to $402 million, while revenue topped $10.1 billion. The prior year, Sutter posted a $300 million profit on $9.65 billion in revenue. Operational results improved significantly, producing $419 million in operating profit last year, compared to a $22 million loss in 2013 — its only such loss since 1999.