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Sutter Health lost $249M in 2022 in reversal of fortune

Sutter Health lost $249M in 2022 in reversal of fortune

Sutter Health’s finances took a significant downturn last year after a strong performance in 2021, according to a report the nonprofit health system issued Wednesday.

Sutter Health suffered a net loss of $249 million in 2022, a major decline from the $1.14 billion gain the Sacramento, California-based company recorded in 2021. By the end of 2022, patient volume had nearly returned to where it were before the COVID-19 pandemic, which…


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