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Kaiser Permanente’s profits dip in 2010, but membership jumps by 99,000
San Francisco Business Times

Kaiser Permanente’s net income dipped nearly 5 percent last year to $2 billion, from $2.1 billion in 2009, while operating revenue jumped 5 percent and enrollment increased by 99,000, officials said Friday afternoon. The Oakland-based health care giant said its 2010 operating revenue totaled $44.2 billion, up from $42.1 billion the prior year. Operating income fell 25 percent, from $1.6 billion in 2009 to $1.2 billion last year, with overall income bolstered by a strong rebound in non-operating income, reflecting 2010’s upturn on Wall Street.

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