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Wednesday, May 1, 2024

Kaiser’s Annual Revenue Rises

Kaiser Foundation Health Plan Inc., Kaiser Foundation Hospitals and their subsidiaries reported that revenue for 2005 increased to $31.1 billion, up from $28 billion in 2004. Spending on health care systems, technology, facilities and health programs and services also increased to $2.5 billion from $2.2 billion the year before. “We are investing our membership dollars to extend and improve our ability to broaden access and provide affordable and quality care,” said KFHP/H Chairman and CEO George C. Halvorson. “The health care landscape is changing and we are committed to rounding out our care delivery capabilities and product offerings, and building new facilities and renovating existing ones to satisfy the direct and increasingly complex needs of our members.”

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