Revenues increased 6.6% year over year to $4.3 billion in the quarter ended March 31. Patient service revenues increased 7.2% to $2.5 billion.
Expenses increased 6.5% year over year to $3.9 billion. Employee compensation and benefit expenses increased 5.9% to $1.8 billion. Supply costs increased 4% to $731 million. Medical claim expenses grew 6.4% to $720 million.
After accounting for nonoperating items, such as investment income, Intermountain reported a net income of $757 million in the first quarter, up from $549 million posted in the same quarter last year.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
