Sutter Health posts 40% rise in operating income, as patient visits rebound

Sacramento-based Sutter Health reported that patient visits returned to levels seen before the COVID-19 pandemic in 2022, propelling its operating income to $278 million, up 40% from 2021, reports the Sacramento Bee. The company reported an overall loss on its balance sheet of $249 million as the value of investments it still holds plummeted by $578 million, per the report.