The Sac Bee considers Sutter Health to be a hometown enterprise, so they report on Sutter's financials. Since Mills-Peninsula is our hometown hospital, I think along the same lines, so here is the latest financial report
Sacramento-based Sutter Health reported net income of $81 million in 2015, a nearly 80 percent plunge from $402 million in 2014. The nonprofit health system cited multiple factors that prompted the decline.
Sutter said it lost $142 million in investments and trading transactions last year, compared with a $39 million gain in 2014. The system said income from daily operations of its hospitals, care centers and other services totaled $287 million last year, down 31.5 percent from $419 million the prior year.
Sutter also noted that it invested $898 million in new facilities and life-saving technology throughout Northern California in 2015. Sutter said major earthquake/safety-related hospital replacements and renovations, plus new physician clinic construction projects, were ongoing throughout Northern California and the Bay Area last year.