Navigation Links
Kaiser Foundation Health Plan Earnings Support Investments in Member and Community Health
Date:11/7/2007

OAKLAND, Calif., Nov. 7 /PRNewswire/ -- Kaiser Foundation Health Plan Inc., Kaiser Foundation Hospitals and their subsidiaries (KFHP/H) reported total operating revenue for the third quarter ending September 30, 2007, of $9.4 billion, as compared to $8.7 billion in the same period last year.

KFHP/H's operating income for the third quarter was $449 million, as compared with $355 million during the same period of 2006. Ongoing efforts to address health care delivery costs and administrative efficiencies have contributed to these results.

In addition to operating income, non-operating income increased to $205 million during the third quarter of 2007, compared to $62 million in the third quarter of 2006. This improvement is directly attributable to strong performance in the financial markets, contributing to strong returns on investments in 2007. However, the credit and equity markets remain volatile and past performance is not an indicator of future performance. This resulted in net income for the third quarter 2007 of $654 million, as compared with $417 million in the third quarter of 2006.

Capital spending totaled $641 million for the third quarter of 2007, as compared to $631 million in the third quarter of 2006. Year-to-date capital spending for the nine months ended September 30, 2007 was $1.8 billion, compared to $1.9 billion spent during the same nine-month period of 2006.

According to KFHP/H Executive Vice President and Chief Financial Officer Kathy Lancaster, the organization's performance will allow continued investment in facilities and technologies needed to serve current members and to expand into contiguous areas. It will also support reduction in the rate of premium increases. "Our third quarter operating results reinforce that we are continuing to gain traction on efforts to improve expense trends, which will help us to meet our goal of reducing the rate of increase in premiums," she said.

Operating revenue for the n
'/>"/>

SOURCE Kaiser Foundation Health Plan Inc.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Webcast Alert: Kaiser Permanente Residency Program Open House
2. Kaiser Permanente Achieves Climate Action Leader Status
3. Kaiser Permanente study: Alcohol amount, not type -- wine, beer, liquor -- triggers breast cancer
4. Kaiser Permanente Study Shows Alcohol Consumption - No Matter Beverage Type - Linked to Breast Cancer Risk
5. Kaiser Permanente Study Shows One in Seven Women are Depressed Before, During, or After Pregnancy
6. Kaiser Permanente Named Green Electronics Champion by EPA, Green Electronics Council
7. WellBound Teams With Kaiser Permanente to Open New Self-Care Dialysis Center in Sacramento, CA
8. Kaiser Permanente Joins With Top Health Care Groups to Create Healthier Hospital Environments
9. Kaiser Permanente study shows electronic medical records and outreach improve osteoporosis care
10. Kaiser Permanente CEO Receives Diversity Leadership Award
11. Kaiser Permanente and Golden State Warriors Team Up to Fight Childhood Obesity
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/11/2014)... Steven Reinberg HealthDay ... A potential vaccine to protect children from the worldwide scourge ... Asian children. While the vaccine only prevented dengue fever ... full series of three shots, it protected more than 88 ... dengue fever can lead to hospitalization, and sometimes death. ...
(Date:7/11/2014)... 11, 2014 Ticket Down is ... the Sleep Train Amphitheatre in Wheatland, CA. In ... compare to what the Sleep Train Amphitheatre can do for ... special attractions over the course of its existence and can ... Train Amphitheatre in Wheatland (Sacramento metro area) will host the ...
(Date:7/11/2014)... 2014 Europe is one of the ... cultivated-and hence, irrigated land area. The agricultural sector is ... for around 30.0% of the total water use. The ... the southern region, but far from negligible in most ... for over 60.0% of the water use in most ...
(Date:7/11/2014)... years scientists have been trying to unravel mechanisms that ... cells that generate all blood cells including our immune ... difficult because they can only be found in the ... in a culture dish. Now a group of scientists ... Waskow (Technische Universitt Dresden) was able to generate a ...
(Date:7/11/2014)... Mexico (PRWEB) July 11, 2014 Experience ... the Mayan Heritage Experience Package at the luxury all-inclusive ... the package include a guided on-site ecological family tour ... well as The Coba Mayan Encounter Tour at the ... Nohoch Muul, the tallest pyramid in the Yucatan and ...
Breaking Medicine News(10 mins):Health News:Dengue Fever Vaccine Shows Some Promise in Trial 2Health News:Dengue Fever Vaccine Shows Some Promise in Trial 3Health News:Luke Bryan Tickets Sleep Train Amphitheatre in Wheatland, CA (Sacramento): Ticket Down has Slashed Ticket Prices on Luke Bryan in Wheatland at Sleep Train 2Health News:Luke Bryan Tickets Sleep Train Amphitheatre in Wheatland, CA (Sacramento): Ticket Down has Slashed Ticket Prices on Luke Bryan in Wheatland at Sleep Train 3Health News:Europe Micro Irrigation System Market Driven by Growing Environmental Concerns and Decreasing Water Availability - New Report by MicroMarket Monitor 2Health News:Europe Micro Irrigation System Market Driven by Growing Environmental Concerns and Decreasing Water Availability - New Report by MicroMarket Monitor 3Health News:Opening-up the stem cell niche 2Health News:Explore the Aura and Mystery of the Yucatan’s Mayan Culture with New Hotel Package at AAA Five Diamond Grand Velas Riviera Maya 2Health News:Explore the Aura and Mystery of the Yucatan’s Mayan Culture with New Hotel Package at AAA Five Diamond Grand Velas Riviera Maya 3
... (HealthDay News) -- Inadequate sleep and the absence of a ... of primary school children, research shows. When 6-year-old ... hours each night, their academic skills suffer along with their ... sleep less than is recommended for their intellectual development, which ...
... , FRIDAY, Sept. 16 (HealthDay News) -- People ... clotting and inflammation have a lower five-year survival rate ... findings should be used to better treat and ensure ... said the research team from Duke University Medical Center ...
... , FRIDAY, Sept. 16 (HealthDay News) -- Fall-prone older ... because they don,t slow their walking speed when their vision ... Fiona Newell of Trinity College in Dublin and colleagues, looked ... in the past year, six older adults who had not ...
... Sept. 16 (HealthDay News) -- People with dementia appear to ... nursing homes because they offer a domestic environment where patients ... And small group homes offer the added benefit of allowing ... pointed out in the study published in the September issue ...
... News) -- When people are hungry, they are more likely ... the reason why: serotonin levels -- a hormone that helps ... haven,t eaten, according to a new study. Rising ... allow people to control their anger, researchers from the University ...
... Scientists (AAPS) WHAT: , Scientists from around the ... discoveries in order to improve health through advances in pharmaceutical ... In recognition of AAPS,s 25th anniversary this year,s meeting, "The ... including more than 60 symposia and roundtables. WHEN: ...
Cached Medicine News:Health News:Lack of Sleep Hurts Kids' Academic Performance: Study 2Health News:Gene Variant May Raise Death Risk After Heart Bypass 2Health News:Dementia Patients Seem to Benefit From Small Group Homes 2Health News:Research Reveals Why Hungry People Get Cranky 2
(Date:7/11/2014)... 2014 According to a new ... Market (Endoscopes, Endoscopic Operative Devices, and Visualization Systems) - ... 2013-2019" the global endoscopy devices market was valued at ... grow at a CAGR of 6.8% from 2013 to ... billion in 2019. Browse the full Endoscopy ...
(Date:7/10/2014)... India , July 11, 2014  Major ... treatment of cancer are being highlighted in a ... Mumbai from 10-12 July, 2014.  Renowned national ... to share best practices and exchange knowledge on ... precise, accurate and efficient. The ...
(Date:7/10/2014)...  RESMED INC. (NYSE: RMD ) today announced ... ended June 30, 2014 results on Thursday, July 31, 2014, ... release with ResMed,s results will be issued after 1:00 p.m. ... to discuss operating results and future outlook. The ... Pacific Time and the live webcast of the call can ...
Breaking Medicine Technology:Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 2Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 3Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 4Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 5Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 6Improving quality and access to advanced cancer care in India and South Asia 2Improving quality and access to advanced cancer care in India and South Asia 3Improving quality and access to advanced cancer care in India and South Asia 4Improving quality and access to advanced cancer care in India and South Asia 5ResMed To Announce Fourth Quarter And Fiscal Year-End 2014 Results 2
... Soligenix, Inc. (OTC Bulletin Board: SNGX ) ... today that it has appointed Kevin Horgan, MD, as ... Horgan is a board-certified gastroenterologist with a research background ... patients with inflammatory bowel disease, including graft-versus-host disease (GVHD). ...
... JOLLA, Calif., Feb. 1, 2011 Transdel Pharmaceuticals, ... a specialty pharmaceutical company focused on developing topically ... announced that the Company has been exploring strategic alternatives ... American MedTech Advisors and ESC Advisors, a division ...
Cached Medicine Technology:Soligenix Appoints Kevin Horgan, MD, as Chief Medical Officer 2Soligenix Appoints Kevin Horgan, MD, as Chief Medical Officer 3Soligenix Appoints Kevin Horgan, MD, as Chief Medical Officer 4Transdel Pharmaceuticals Announces Exploration of Strategic Alternatives 2Transdel Pharmaceuticals Announces Exploration of Strategic Alternatives 3
Flowmate makes portable uroflowmetry easy, accurate and dignified. Flowmate has automatic start and stop as well as simple and straightforward reporting from its own printer....
... a minimally invasive treatment for prostate and ... to use, SeedNet provides optimum accuracy, efficiency ... SeedNet is the new generation in cryotherapy ... the SeedNet system, produce iceballs of extreme ...
Li Brand™ Surgical Hemostat. ("dissecting clamp") For NSV and other procedures....
No Scalpel Vasectomy Ring Clamp, 5 1/2" (14cm), gold finger rings...
Medicine Products: