News Headlines Article

Kaiser swings to a big loss
Sacramento Business Journal

Declines in financial markets played havoc with nonprofit Kaiser Permanente ’s margin in the third quarter of 2011, causing a huge swing from solid profitability to a net loss of $45 million. The Oakland-based health plan and health system generated operating revenue of $11.9 billion for the quarter ended September 30, up from $11.1 billion for the same period last year.