During the first three months of the year, Northwell Health saw patient revenue improve 10%, to $2.5 billion, compared to the same period of 2020. Although the New Hyde Park–based health system remained in the red during the first quarter, its deficit shrank.
During the first quarter, Northwell had more than $22 million in assistance from CARES Act funds. Its other operating revenue increased 28%, to $306 million, compared to the same quarter of the previous year. Total operating revenue in the first quarter grew 13% year on year, to $3.5 billion.
Expenses also increased during the first three months of this year, compared to the first quarter of 2020. Salaries were up 7%, to $1.8 billion; benefits grew 6%, to $428 million; and supplies jumped 14%, to $1.1 billion. Total operating expenses climbed 9%, to $3.5 billion.