Finance
e-Newsletter
Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Sutter Health's net income rises sharply

Sacramento Bee, April 9, 2010

Sutter Health's investment portfolio surged back into the black in 2009 after being awash in losses the year before, according to the Sacramento-based health system's latest financial report. The report shows net income for Sutter rose to $697 million systemwide, a marked improvement from the $187 million in 2008. However, income from day-to-day operations dipped to $453 million last year from $461 million the year before, dropping the system's operating margin from 5.6% in 2008 to 5.2% in 2009, the Sacramento Bee reports.