Revenue increased 10.7% year over year to $2.6 billion while expenses grew by 11.9% to $2.5 billion, according to financial documents published May 22. Salaries and wages increased 11.6% to $1.2 billion and supply costs rose 14% to $878 million.
After accounting for nonoperating items, such as investment returns, the health system reported a net income of $400.1 million in the first quarter, compared to a $336.4 million in the same period in 2023.
As of March 31, 2024, NewYork-Presbyterian had $9.2 billion in unrestricted cash and investments and $3.9 billion in long-term debt.
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
