Becker's Healthcare December 6, 2024
Chicago-based Northwestern Medicine posted an operating income of $339.7 million (3.6% margin) for the fiscal year ending Aug. 31, down slightly from a $366.1 million (4.2% margin) operating gain in the previous fiscal year.
Revenue increased 10.3% year over year to $9.56 billion while expenses grew by 11.1% to $9.22 billion, according to financial documents published Dec. 4. Salaries increased 12.4% to $4.04 billion and employee benefits rose 14.2% to...
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