Modern Healthcare Staff
In previous years, success has looked like bars growing progressively taller in what was then a key metric of success: growth in admissions. For presentations this year, most health system leaders left that slide at home, replaced with days cash on hand or revenue.
Sutter Health posted a $613 million operating loss in the third quarter of 2019 due to a $575 million preliminary settlement in a long-running antitrust case. The health system will not actually pay plaintiffs until the settlement is finalized in mid-2020.
The preliminary settlement in an antitrust lawsuit against California's Sutter Health includes a $575 million payout to plaintiffs and a series of changes to its business practices. A judge will consider the agreement in February.