A tiny Sonoma County hospital is losing $500,000 a month. A cash-strapped Tuolumne County hospital is shutting most operations next week. But Sacramento-based Sutter Health reports a 33 percent jump in earnings.
Increasingly, the financial state of California's hospitals can be summed up as a tale of the haves vs. the have-nots. As is often the case in such stories, researchers told state officials during a Capitol briefing Friday, the rich are getting richer and the poor, poorer.
More than a third of the state's 355 acute-care hospitals lost money in 2005, according to the study funded by the California HealthCare Foundation, an independent think tank in Oakland.
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