Kaiser Permanente Revenue 2019

The oakland calif based integrated health system is riding a wave of both strong.

Kaiser permanente revenue 2019. Our report tells the story of the progress we made in continuing to deliver high quality affordable. In 2011 the company had an operating revenue totaling 47 9 billion u s. 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. The company also expanded its available locations in 2019 opening 17 new medical offices.

In 2019 kaiser permanente spent 3 4 billion on community health programs representing 4 1 of its operating revenues. Kaiser permanente nearly tripled its surplus last year rounding out 2019 at 7 4 billion in net income. This statistic displays the operating revenue for kaiser permanente from 2007 to 2019. Kaiser permanente added 81 000 members by the end of 2019 with a total membership of 12 2 million.

Kaiser permanente was founded nearly 75 years ago on the belief that good health can be accessible and affordable to all. 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. Of note kaiser permanente s medical financial assistance program helped nearly a half million patients in 2019 providing low income uninsured or underinsured patients more than 550 million in assistance to cover part or all of their medical expenses. 2019 kfhp h adopted the provisions of asu 2016 01.

Kaiser permanente s mission is to provide high quality.