Kaiser Looking For A Repeat Of Eye-Popping Operating Income It Posted In First Quarter
Despite trends that might work against that goal, Kaiser has one of the highest rates of membership retention in the industry. That customer loyalty allows the health care giant to promote preventive care and head off problems that can costs to rise.
Modern Healthcare:
Behind Kaiser's $1 Billion Quarterly Operating Gain, And How It Might Repeat It
Kaiser Permanente will be tested to repeat the record $1 billion in operating income it posted in the first quarter. After all, the Oakland, Calif.-based hospital and managed-care giant is swimming against the same national trends that dented the earnings of investor-owned hospital chains in the second quarter. (Barkholz, 8/3)
In other hospital news —
Los Angeles Times:
After A Rocky Start, USC Verdugo Hills Hospital Reports Better Health Under New Chief Executive
[Keith] Hobbs replaced interim chief executive Paul Craig in January 2016 with an eye on leveraging both his time as a La Crescenta resident and USC’s resources to help steer the hospital in the right direction. Armand Dorian, associate chief medical officer at USC Verdugo Hills, was a senior physician prior to the acquisition, and he said he knew several years ago that the time would come where the transformation of healthcare meant the then standalone hospital would need to affiliate with a larger system. (Landa, 8/3)