Salaries and benefits totaled $2.5 billion for the nine months ended Sept. 30 and contributed to overall expenses rising 12.3% as the system reported an operating loss of $57.6 million on revenue of $6.3 billion. In the same period in 2022, the 12-hospital system reported an operating loss of $68.4 million.
RWJBarnabas estimated net salary savings of $74 million from the ongoing strike at its Robert Wood Johnson University Hospital in New Brunswick, although overall net costs associated with the strike totaled $75.7 million as of Sept. 30.
The strike reached its 100-day mark Nov. 13. More details can be found here.
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