News Headlines Article

Sutter Health’s profit plummets 80 percent
San Francisco Business Times

Although operating revenue at Sutter Health, which operates many of the Bay Area’s largest hospitals and medical groups jumped nearly 9 percent, its net income plummeted by nearly 80 percent, from $402 million in 2014 to just $81 million last year. The 24-hospital, Sacramento-based nonprofit system runs San Francisco’s California Pacific Medical Center, Alta Bates Summit Medical Center in Berkeley and Oakland, Mills-Peninsula Health Services, and the Palo Alto Medical…