Revenue increased 13% year over year to $10.5 billion while expenses grew by 10.5% to $10.6 billion, according to financial documents published March 21.
Salaries and benefits increased 9.9% to $4.5 billion and supply expenses increased 14% to $1.7 billion.
After accounting for nonoperating items, such as investment returns, SSM posted a net profit of $252.6 million in 2023, compared to a net loss of $464.6 million in 2022.
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