The 37-hospital system, however, reported an overall net income of $31 million amid investment performance improvement.
Avera Health’s operating expenses totaled $2.2 billion for the nine-month period.
The system’s president and CEO, Bob Sutton, is to leave Avera Health on Sept. 30 “due to a recently diagnosed serious medical condition that requires an intensive treatment regimen,” the system said April 17.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
