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Kaiser Permanente: First quarter profits down, but revenue and enrollment up
San Francisco Business Times

Kaiser Permanente’s Q1 net income fell just over 50 percent, from $1 billion in 2015 to $504 million this year, even as operating revenue climbed nearly 9 percent.

The pressure on profits continued a recent trend at the giant Oakland-based nonprofit, fueled largely by weaker results on Wall Street and other fiscal factors, such as the fact that Kaiser’s accounting policy doesn’t recognize “unrealized” or paper gains on investments.

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