Hospital giant Sutter Health points to first-quarter loss of $1 billion as tip of iceberg

In reporting a $1.08 billion loss Thursday for its first quarter, Sacramento-based Sutter Health laid out in striking detail the cost for health care providers as they confronted a disease of pandemic proportions.

Like other hospital operators, Sutter ended elective procedures in mid-March and shut down many units that provided ancillary services as it geared up for a surge in patients who had COVID-19, the respiratory illness caused by the coronavirus.

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