Skip to content
CapRadio

CapRadio

signal status listen live donate
listen live donate signal status
listen live donate signal status
  • News
    • topics
    • State Government
    • Environment
    • Health Care
    • Race and Equity
    • Business
    • Arts and Lifestyle
    • Food and Sustainability
    • PolitiFact California
  • Music
    • genres
    • Classical
    • Jazz
    • Eclectic
    • Daily Playlist
  • Programs + Podcasts
    • news
    • Morning Edition
    • All Things Considered
    • Marketplace
    • Insight With Vicki Gonzalez
    • music
    • Acid Jazz
    • At the Opera
    • Classical Music
    • Connections
    • Excellence in Jazz
    • Hey, Listen!
    • K-ZAP on CapRadio
    • Mick Martin's Blues Party
    • Programs A-Z
    • Podcast Directory
  • Schedules
    • News
    • Music
    • ClassicalStream
    • JazzStream
    • Weekly Schedule
    • Daily Playlist
  • Community
    • Events Calendar
    • CapRadio Garden
    • CapRadio Reads
    • Ticket Giveaways
  • Support
    • Evergreen Gift
    • One-Time Gift
    • Corporate Support
    • Vehicle Donation
    • Stock Gift
    • Legacy Gift
    • Endowment Gift
    • Benefits
    • Member FAQ
    • e‑Newsletter
    • Drawing Winners
    • Thank You Gifts
  • About Us
  • Contact Us
  • Close Menu
 We Get Support From:
Become a Supporter 
 We Get Support From:
Become a Supporter 
  • Business
  •  

Business Journal: COVID-19 May Prompt Sutter Health To Close Facilities

Friday, June 26, 2020 | Sacramento, CA
Listen
/
Update RequiredTo play audio, update browser or Flash plugin.
AP Photo/Rich Pedroncelli

In this Sept. 20, 2019, file photo, an American flag flutters in the breeze outside of the Sutter Medical Center in Sacramento, Calif.

AP Photo/Rich Pedroncelli

Sacramento-based Sutter Health has asked a San Francisco Superior Court judge to delay approval of its $575 million antitrust settlement with California’s attorney general's office. 

Adam Steinhauer, editor of the Sacramento Business Journal, spoke with CapRadio morning news anchor Steve Milne about the settlement.

On what prompted the antitrust lawsuit

This started with a private lawsuit filed in 2014 by a group of self-insured health plans. They accused Sutter of using its market dominance in Northern California to raise health care costs essentially and the state attorney general's office joined later. They reached the settlement agreement late last year.

The situation has changed since the settlement was announced. With the pandemic, the approval of the settlement was delayed as the courts were shut down.

And in the meantime, Sutter reported the first quarter loss of more than $1 billion largely related to the expenses of preparing for the wave of COVID-19 cases that the health care system was expecting. That involved ramping up capacity and also shutting down optional health care procedures that the health system relies on for profit.

On Sutter’s financial situation in light of the lawsuit. 

Basically they are talking about possibly having to close some facilities or repurpose them. In their court filing, they outlined some financial stress that they're facing.

This basically calls into question their ability to comply with the terms of the settlement, including the provisions that would prevent them from raising costs. They say they have costs to recoup from having to prepare for the pandemic.

On a new development in Folsom

If you've spent time in old Folsom, you've probably seen the distinctive round building at the end of that area. It's finally being occupied next month by a Scott's Seafood and another business called Willamette Wineworks is open.

Basically that when this project started way back in 2006, this was intended to be phase two of a four-phase project. But that ended up being completed first.

Developer Jeremy Bernau is now moving on to start construction, hopefully by the end of the year, on a $10 million, three-story phase of lofts and retail space.

On why the developer didn’t start with the Granite Station portion, which includes building new lofts.

This project has a long history. It's been delayed. It was delayed by the Great Recession and it was delayed by the end of our redevelopment agencies in California.

And, that development, as we understand it, made it harder for Bernau to get a hold of the property up for this phase that was going to include the housing. So basically, he moved forward on that restaurant phase first.

This interview has been edited for brevity and clarity.

Editor’s Note: Sutter Health is a major donor to CapRadio.


Follow us for more stories like this

CapRadio provides a trusted source of news because of you.  As a nonprofit organization, donations from people like you sustain the journalism that allows us to discover stories that are important to our audience. If you believe in what we do and support our mission, please donate today.

Donate Today  

    More about Coronavirus

  • NIAID-RML via AP

    Coronavirus In California: Latest Updates And Resources

    The coronavirus has impacted nearly every aspect of life in California and around the world. Here are resources and all our coverage at CapRadio and NPR.

    More about business journal

  • Business Journal on CapRadio

 CoronavirusSacramento Business Journalbusiness journal

Sign up for ReCap and never miss the top stories

Delivered to your inbox every Friday.

 

Check out a sample ReCap newsletter.

Thanks for subscribing!

Thank you for signing up for the ReCap newsletter! We'll send you an email each Friday with the top stories from CapRadio.

Browse all newsletters

Most Viewed

Northern California wildfires: Where to find updates on air quality, evacuations, and official information

Abortion is still legal in California. Here are answers to questions about access in the state.

Stalled U.S. Forest Service project could have protected California town from Caldor Fire destruction

North Sacramento residents push back on affordable housing, say city ‘dumping’ homelessness solutions in neighborhood

California is giving millions of kids up to $1,500 for college or career training. Here’s how to get it.

We Get Support From:
Become a Supporter

Most Viewed

Northern California wildfires: Where to find updates on air quality, evacuations, and official information

Abortion is still legal in California. Here are answers to questions about access in the state.

Stalled U.S. Forest Service project could have protected California town from Caldor Fire destruction

North Sacramento residents push back on affordable housing, say city ‘dumping’ homelessness solutions in neighborhood

California is giving millions of kids up to $1,500 for college or career training. Here’s how to get it.

Back to Top

  • CapRadio

    7055 Folsom Boulevard
    Sacramento, CA 95826-2625

    • (916) 278-8900
    • Toll-free (877) 480-5900
    • Email Us
    • Submit a News Tip
  • Contact Us

  • About Us

    • Contact Us / Feedback
    • Coverage
    • Directions
    • Careers & Internships
    • Mission / Vision / Core Values
    • Press
    • Staff Directory
    • Board of Directors
  • Listening Options

    • Mobile App
    • On Air Schedules
    • Smart Speakers
    • Playlist
    • Podcasts
    • RSS
  • Connect With Us

    •  Facebook
    •  Twitter
    •  Instagram
    •  YouTube
  • Donate

  • Listen

  • Newsletters

CapRadio stations are licensed to California State University, Sacramento. © 2022, Capital Public Radio. All Rights Reserved. Privacy Policy | Website Feedback FCC Public Files: KXJZ KKTO KUOP KQNC KXPR KXSR KXJS. For assistance accessing our public files, please call 916-278-8900 or email us.