Revenue increased 10.3% year over year to $9.56 billion while expenses grew by 11.1% to $9.22 billion, according to financial documents published Dec. 4. Salaries increased 12.4% to $4.04 billion and employee benefits rose 14.2% to $600.9 million.
After accounting for nonoperating items, such as investment returns, Northwestern reported a net income of $1.58 billion in FY 2024, up from $1.14 billion in FY 2023.
As of Aug. 31, long-term debt for the health system stood at $1.67 billion.
Northwestern is an 11-hospital system with more than 5,400 affiliated physicians. Its flagship facility, Northwestern Memorial Hospital, is among the largest in the country, with 894 beds.
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
