Four things to know:
1. The financial results show the first full year of operations since BJC merged with Kansas City, Mo.-based Saint Luke’s Health System. The merger created a 28-hospital system that provides care to more than 6 million patients across Missouri, Illinois and Kansas.
2. Labor costs for the combined system was $5.3 billion in 2024, compared to $3.5 billion in 2023 pre-merger. Supply costs were $4.6 billion in 2024, compared to $3 billion in 2023.
3. After accounting for nonoperating expenses, such as investment returns, BJC reported a net income of $2.6 billion in 2024, compared to $736.5 million in 2023.
4. As of Dec. 31, 2024, BJC has $2.3 billion in long-term debt and $11.4 billion in net assets.
