Sutter Health Reports $419M Surplus for 2014
Sutter Health reported a $419 million operating surplus on $10.2 billion in revenue for the year ending Dec. 31, 2014. The surplus brought Sutter out of a deficit after reporting $22 million loss on $9.6 billion in revenue the year before. Revenue increased by 5% in part because the health system reduced by more than 50% the amount it set aside for bad debt.
- "Sutter Health Moved Out of the Red in 2014" (Rubenfire, Modern Healthcare, 3/30).