Sacramento-based Sutter Health reported a year-over-year gain in income in 2012.
Total income was $735 million in 2012, up nearly 16 percent from $634 million in 2011. Revenue for 2012 was $9.6 billion, compared with $9.1 billion in 2011.
Sutter said it posted a gain of $242 million in investment income and changes in net unrealized gains and losses from investments classified as trading in 2012, compared with a loss of $14 million in 2011.
Besides construction and upgrades of its facilities, investments also included continued installation of electronic health records in Sutter hospitals.
"2012 was another year of major investment by Sutter Health in new patient care centers, technology and activities that improve clinical quality, access and efficiency," said Pat Fry, president and CEO. "We're fortunate that strong financial performance continues to provide us with the ability to meet critical health care needs in the communities we serve."
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