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Kaiser boosts membership, revenue and medical loss ratio
Modern Healthcare

Kaiser Permanente, the giant Oakland, Calif.-based hospital system and health plan, saw its operating income decline slightly in the first quarter, despite substantial growth in revenue and managed-care enrollment.

Operating income in the quarter fell to $701 million on revenue of $16.3 billion, compared with operating income of $741 million in the prior year quarter on revenue of $15 billion, the not-for-profit system said in a release Friday.