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Kaiser Permanente posts $1.1B in first half profits, but sees Q2 income sink
Sacramento Business Journal

Kaiser Permanente said Friday that its nonprofit hospitals and health plan units posted a far smaller operating income tally and made far less net income in this year’s second quarter than 2009’s, while ending the first half with an identical $1.1 billion in net income. Oakland-based Kaiser Foundation Hospitals, Health Plan and subsidiaries had operating revenue of $11 billion for the second quarter, ended June 30, up nearly 5 percent from the same quarter in 2009, when the huge nonprofit organization had $10.5 billion in operating revenue.

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