Texas health system paid $5B in 2022 wages

San Antonio-based South Texas Health System paid $5 billion in 2022 wages to support 86,660 jobs, according to a report from The University of Texas at San Antonio.

Advertisement

The 12-hospital system also generated $11.9 billion in revenue for the year. The system had a 36 percent higher economic impact in the area than the last time the study was conducted in 2018, according to the San Antonio Report.

The report found that the health system brought in $120.8 million in revenue for the state, mostly through sales tax. 

“So one of the surprising things to me [in the study] was that the numbers came out as high as they did, given the COVID-19 situation and the anomalies it presented,” San Antonio Medical Foundation President Jim Reed told the Report.

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.