The system reported operating revenue of $12.6 billion for the six months ended Dec. 31, an 8.4% increase over the same period last year. Net patient service revenue increased 7.9% year over year to $10.8 billion, primarily due to payment rate improvements.
Operating expenses reached $12.5 billion, a 6.8% increase over the same period last year. Salaries and wages rose 6.1%, with a 3.8% increase in full-time employees and a 2.3% increase in salary rates. Supply costs grew 10.2%, driven by rate increases primarily related to retail pharmacy, drugs and surgical supplies, and increased volumes.
The system had 226 days cash on hand as of Dec. 31, down from 238 on June 30. Trinity had a long-term debt of $6.4 billion as of Dec. 31.
Trinity reported a net income of $654.6 million in the first half of fiscal 2025, down from $669.1 million over the same period last year.
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
