News Headlines Article

Sutter’s surplus rises on tight expense management
Modern Healthcare

Sutter Health, a 24-hospital system based in Sacramento, Calif., has continued to improve its operating performance through the first nine months of the year, cutting expenses to overcome nearly flat revenue growth.

Admissions across Sutter’s hospitals continued to decline, decreasing 4.2% in the third quarter. However, the drop was offset by a 2.3% increase in outpatient revenue. Outpatient revenue accounted for 37.1% of total revenue in the third quarter compared with 36.2% in the prior-year period.