In the fiscal first quarter, revenue increased 3.3% year over year to $928 million and expenses rose 5.3% to $933.8 million.
Under expenses, salaries and wages increased 6.2% year over year to $489.8 million while employee benefits decreased 3.3% to $75.1 million.
After including the performance of its investment portfolio and other nonoperating items, the eight-hospital system ended the three-month period with a net loss of $42.9 million, a 49% improvement on the $84.1 million loss it reported in 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
