Navigation Links
Kaiser Foundation Health Plan and Hospitals Report Third Quarter 2009 Financial Results
Date:11/6/2009

OAKLAND, Calif., Nov. 6 /PRNewswire/ -- Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals (KFHP/H), and their subsidiaries reported today a combined total operating revenue of $10.5 billion for the quarter ended September 30, 2009, compared to $10.2 billion in the third quarter of last year. Operating income in the third quarter was $336 million, compared to $307 million in the third quarter of last year. Net non-operating income was $233 million in the third quarter, compared to a net non-operating loss of $706 million in the third quarter of last year. As a result, third quarter net income was $569 million, versus a $399 million net loss in the third quarter of last year. These represent the combined operating results for Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals, and their subsidiaries.

Year-to-date total operating revenue was $31.6 billion, compared to $30.3 billion in the same period last year. Year-to-date operating income was $1.4 billion, which is comparable to the same period last year. Net non-operating income was $248 million in the first nine months of the year, compared to a net non-operating loss of $1.1 billion in the same period last year. As a result, year-to-date net income was approximately $1.6 billion, versus net income of $202 million in the same period last year.

Total membership declined by 63,000 members in the first nine months of the year and stands at 8.58 million. Capital spending totaled approximately $1.7 billion in the year-to-date period, versus $1.8 billion of capital spending reported in the same period last year.

"While we are seeing some positive activity in the financial markets, uncertainty in the economy and health care industry continues," said Kathy Lancaster, executive vice president and chief financial officer. "Though we are pleased with our performance, we continue to focus on making our high-quality care and service as affordable as possi
'/>"/>

SOURCE Kaiser Permanente
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine technology :

1. National Institutes of Health Awards More Than $54 Million to Kaiser Permanente to Conduct Health Research
2. Healthy Bones Program Reduces Hip Fractures by 37 Percent, Kaiser Permanente Study Finds
3. Kaiser Permanente - Group Health Study Shows Depression Worsens HIV Treatment
4. HeartSine and Your Safety Company to Donate a Portion of Sales Proceeds to Sudden Cardiac Arrest Foundation
5. National Foundation for Infectious Diseases (NFID) Survey: Parents More Flu Aware and More Likely to Get Kids Vaccinated
6. The Medco Foundation Joins With the Entertainment Industry Foundation to Give Health a Hand to Communities in Need
7. Child Neurology Foundation Announces the Launch of Infantilespasmsinfo.org
8. Satellite Healthcare Tees Up With the National Kidney Foundation in Santa Cruz, CA
9. Foundation Radiology Group Adds Shawn Kramer, Director of Client Services
10. Wound Management to Participate at Save A Leg, Save a Life Foundation National Conference
11. Oral Cancer Foundation to Donate Screening Devices to Free Clinics
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/4/2015)... SAN FRANCISCO , Aug. 4, 2015 /PRNewswire/ ... Nicki Vasquez , Ph.D., as vice president ... have a leadership role in the management of ... cancer therapeutics pipeline, including antibody-drug conjugates, bispecific antibodies ... Dr. Vasquez brings more than 22 years of ...
(Date:8/4/2015)... -- Concord Medical Services Holdings Limited ("Concord Medical", or the ... and operator of the largest network of radiotherapy and diagnostic ... it will release its financial results for the second quarter ... Management will hold a conference call to discuss ... August 18, 2015 (8:00 p.m. in Beijing ...
(Date:8/4/2015)... 2015 Research and Markets ( http://www.researchandmarkets.com/research/nl392k/alcohol ) ... Market by Application (Household & Personal Care, Pharmaceutical, Oilfield, ... to 2019" report to their offering. ... at $5,124.9 million in 2014 and is projected to ... to 2019. The data mentioned in the report is ...
Breaking Medicine Technology:Sutro Biopharma Appoints Nicki Vasquez, Ph.D. as VP of Alliance and Project Management 2Concord Medical to Report Second Quarter 2015 Financial Results on August 17, 2015 2Global Alcohol Ethoxylate Market 2015 - Market Trends, Forecasts to 2019 for the $5.1 Billion Industry 2Global Alcohol Ethoxylate Market 2015 - Market Trends, Forecasts to 2019 for the $5.1 Billion Industry 3
... Calif., April 11, 2011 Masimo ... a new study published in this month,s issue of ... that pulse oximetry makes a critical difference in neonatal ... measurements.  In comparing the measurement response times of three ...
... A survey of home medical equipment companies ... to Medicare beneficiaries have made abrupt changes in their ... regulatory changes have made it difficult for some businesses ...     The American Association for Homecare ...
Cached Medicine Technology:New Published Study Finds Masimo SET® Delivers More Reliable Measurements Significantly Faster Than Other Pulse Oximetry Technologies 2New Published Study Finds Masimo SET® Delivers More Reliable Measurements Significantly Faster Than Other Pulse Oximetry Technologies 3New Published Study Finds Masimo SET® Delivers More Reliable Measurements Significantly Faster Than Other Pulse Oximetry Technologies 4New Published Study Finds Masimo SET® Delivers More Reliable Measurements Significantly Faster Than Other Pulse Oximetry Technologies 5Survey Finds Mobility Providers Struggling to Adjust to New Medicare Policies and Regulations 2Survey Finds Mobility Providers Struggling to Adjust to New Medicare Policies and Regulations 3Survey Finds Mobility Providers Struggling to Adjust to New Medicare Policies and Regulations 4Survey Finds Mobility Providers Struggling to Adjust to New Medicare Policies and Regulations 5Survey Finds Mobility Providers Struggling to Adjust to New Medicare Policies and Regulations 6
(Date:8/4/2015)... , ... August 04, 2015 , ... ... Local Food,” scheduled for Nov. 3 – 4, 2015, at UC San Diego, ... create new businesses, improve food access, and manage resources efficiently against the dueling ...
(Date:8/4/2015)... (PRWEB) , ... August 04, 2015 , ... One of ... interviews to discuss his new book, The Pain Antidote , which provides strategies ... of Las Vegas Recovery Center’s Chronic Pain Treatment Program, wrote the book in conjunction ...
(Date:8/4/2015)... ... 2015 , ... Members receiving care from a doctor who participates in a ... is nine percent lower -- than those members at traditional doctor practices, according to ... , “The promise of patient-centered, or value-based, care to deliver better quality care ...
(Date:8/4/2015)... ... 2015 , ... They say a picture is worth a thousand words, and ... art can be essential. StayWell, a health solutions company, announced today it will license ... been used by physicians and other health care providers for more than 40 years ...
(Date:8/4/2015)... ... August 04, 2015 , ... Increasingly, patients are researching online ... physician. In an effort to share more and better information with these savvy ... publicly share patient satisfaction ratings and comments about its doctors and advanced practice ...
Breaking Medicine News(10 mins):Health News:Diversity of Urban and Hydroponic Farms of the Future to Highlight Seedstock Annual Conference Field Trip 2Health News:Diversity of Urban and Hydroponic Farms of the Future to Highlight Seedstock Annual Conference Field Trip 3Health News:Medical Expert's New Book Offers Help for Chronic Pain Sufferers 2Health News:Medical Expert's New Book Offers Help for Chronic Pain Sufferers 3Health News:Horizon BCBSNJ: 2014 Results Show Patient-Centered Care Continues to Deliver on Promise of Better Quality Care at a Lower Cost 2Health News:Horizon BCBSNJ: 2014 Results Show Patient-Centered Care Continues to Deliver on Promise of Better Quality Care at a Lower Cost 3Health News:StayWell Offers Instant Downloads, Licensing of Medical Art to Improve Patient Education 2Health News:StayWell Offers Instant Downloads, Licensing of Medical Art to Improve Patient Education 3Health News:UPMC 1st in Pa. to Share Provider Ratings 2Health News:UPMC 1st in Pa. to Share Provider Ratings 3
... Clinic, varicose veins are not usually a reason for ... when the valves// in the vein stop functioning properly. Varicose ... threat. ,If you have symptoms, like throbbing, cramping ... medical advice. Similarly, see your doctor if you're troubled by ...
... The benefits of consuming soy protein has been less explored. According ... which you can use the high protein content of soy in ... is low in saturated fat and cholesterol. If one wants to ... may be a good notion to replace soy for some common ...
... Texas there's a firm connection between viral infection and pre-cancerous ... with human papillomavirus (HPV)// may increase the risk of cervical ... no history of abnormal cervical cell growth were followed for ... and another two years later. Those who were free of ...
... a basic rhythm in which it beats. The infrequent skipped ... sustained heart rhythm abnormality,// medical advice is immediately needed. Most ... in other words a missed heart beat, or a feeling ... of co-ordination of the electrical activity which keeps the heart ...
... Depression, irritability and dullness are common among people who have ... The Cardiovascular Health Study is the largest ever investigation into ... nearly 3,000 people in the US, some of who had ... as memory loss. ,Researchers at Wake Forest University ...
... was observed that nearly one out of every five medication ... error. The problem occurs regardless of whether the facility has ... or not. ,The Institute of Medicine released a report ... which drew attention to the growing problem of medication errors ...
Cached Medicine News:
... RFID to gather patient flow ... such as surgical and emergency ... of patient location to identify ... events have occurred and when ...
... Mobile Aspects Patient Tracking System enables ... of patient safety and to increase throughput ... web-based interface. , The system utilizes Mobile ... fit into a patient wrist band, and ...
MONOJECT MAGELLAN Safety Blood Collection Needle...
... Blood Collection Needles are preominantly used for ... single-use. The colour of the needle protective ... needle gauges. For example, yellow symbolises the ... 21 G (0.80 mm) and black 22 ...
Medicine Products: