Sanford Health reports $121M 1H profit

Sioux Falls, S.D.-based Sanford Health has reported an operating gain of $71.8 million on revenue of $3.6 billion just weeks after the merger plan with Minneapolis-based Fairview Health was nixed.

Advertisement

The system saw expenses rise 2.9 percent in the six months ending June 30 compared with the same period in 2022.

Overall income totaled $121.8 million compared to a net loss of $256.5 million in 2022. Long-term debt totaled $1.5 billion, while days’ cash on hand rose slightly to 133.5.

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

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.