Baxter International Inc

BAX: XNYS (USA)
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Baxter Turnaround Efforts Continue Under New Management Team

Business Strategy and Outlook

Although the 2015 Baxalta spinoff was successful, Baxter's financial results fell substantially in 2022-23 on external pressures, including inflation and weak medical utilization trends just after making the large Hillrom acquisition. However, elevated medical utilization, supply chain pressures easing, and new contracts with group purchasing organizations coming online since then, Baxter's profits should be in turnaround mode.

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