Sutter Health financials turn around in second quarter, with $231 million in income

Sutter Health's financial performance improved in the second quarter, with the Sacramento-based health system reporting $231 million in net income. The result compares with net income of $134 million in the year-earlier quarter, Sutter said in a disclosure to bondholders on Wednesday. The improved second-quarter performance also came after Sutter reported a loss of $1.08 billion in the first quarter of this year, when the Covid-19 pandemic be gan to spread across California. In the first quarter,…
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