Kaiser Permanente Net Patient Revenue

Kaiser permanente is committed to helping shape the future of health care.

Kaiser permanente net patient revenue. Operating expenses were 81 8 billion compared to 77 8 billion in the prior year. Oakland calif based kaiser permanente has reported strong financials for fiscal year 2014 with its net income increasing to 3 1 billion from 2 7 billion the preceding year. Kaiser permanente the oakland based health care giant reported a staggering net loss of 1 1 billion during the first quarter of the year according to a release posted on its website friday. Total operating revenues for 2019 were 84 5 billion compared to 79 7 billion in 2018.

After a net loss of over a billion dollars in the first quarter kaiser permanente is back in the black with net income of 4 5 billion during the second quarter according to a financial update. We might expect that health systems with a greater number of member hospitals would report higher net patient revenues. Kaiser permanente and commonspirit health are the second and third largest health systems by net patient revenue with 29 1 billion and 28 3 billion in net patient revenue reported as of april 2020 respectively. Kaiser foundation health plan inc kaiser foundation hospitals and their respective subsidiaries kfhp h reported 2018 annual financial results total operating revenue for 2018 was 79 7 billion compared to 72 7 billion in 2017.

Kaiser permanente was founded nearly 75 years ago on the belief that good health can be accessible and affordable to all. An accounting change added nearly 900 million to oakland calif based kaiser s non operating income raising its net income to 3 2 billion in the first quarter of 2019. Operating income was 1 9 billion or 2 4 percent of operating revenue compared to 1 7 billion in 2017 or 2 4 percent of operating revenue. Today our 217 000 employees and nearly 23 000 permanente medical group physicians and clinicians continue to deliver on our mission providing high quality affordable health care and improving the health of our members and the communities we serve.

We are recognized as one of america s leading health care providers and not for profit health plans.