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Kaiser Permanente s Q2 profit down one-third despite revenue climb

Kaiser Permanente s Q2 profit down one-third despite revenue climb
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United statesDistrict of columbiaKathy lancasterKaiser permanenteDive briefஒன்றுபட்டது மாநிலங்களில்மாவட்டம் ஆஃப் கொலம்பியாகத்தி லான்காஸ்டர்கைசர் நிரந்தரடைவ் சுருக்கமான

Kaiser s profit rebounds to $2 billion in first quarter

Kaiser s profit rebounds to $2 billion in first quarter Kaiser s profit rebounds to $2 billion in first quarter Los Angeles Times via Getty Images Kaiser Permanente kicked off 2021 on a high note, having drawn $2 billion in profit in the first quarter. Oakland, Calif.-based Kaiser s strong net income in the quarter ended March 31 was a significant swing from its $1.1 billion net loss in the prior-year period, according to results released Friday. But the not-for-profit system noted $2 billion is still down about 60% from its net income of $3.2 billion in the first quarter of 2019, about a year before the COVID-19 pandemic struck. Tom Meier, Kaiser s corporate treasurer, told Modern Healthcare the system has benefited from a pretty significant year-over-year positive swing in investment income.

Kathy lancasterTom meierKaiser permanenteModern healthcareகத்தி லான்காஸ்டர்டோம் மையர்கைசர் நிரந்தரநவீன சுகாதாரம்

Kaiser Foundation Health Plan, Hospitals 2020 financial results

Kaiser Foundation Health Plan, Hospitals 2020 financial results Largest nonprofit, integrated health care system reports stable operating performance while providing high-quality health care during pandemic. News provided by Share this article Share this article OAKLAND, Calif., Feb. 5, 2021 /PRNewswire/ Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals, and their respective subsidiaries (KFHP/H) reported 2020 annual financial results, demonstrating stable performance during the pandemic. Total operating revenues for 2020 were $88.7 billion, compared to $84.5 billion in 2019. Total operating expenses were $86.5 billion, compared to $81.8 billion in the prior year. Operating income was $2.2 billion, or 2.5% of operating revenues, compared to $2.7 billion in 2019, or 3.2%. Our 2020 year-end results reflect the strength of our integrated model amid the unparalleled challenges of fighting COVID-19. In each stage of the pandemic, Kaiser Permanente s dedicated em

United statesDistrict of columbiaKathy lancasterGrega adamsKaiser permanenteAllie fureyPermanente medical groupCommunity healthKaiser foundation hospitalsKaiser foundation health plan incKaiser foundation health planஒன்றுபட்டது மாநிலங்களில்மாவட்டம் ஆஃப் கொலம்பியாகத்தி லான்காஸ்டர்கிரேகா ஆடம்ஸ்கைசர் நிரந்தர