Kaiser Reports Higher Revenue, Lower Net Income in Q3
Kaiser Permanente has reported a $13.2 billion in revenue for the third quarter of 2013, a 5.6% increase from $12.5 billion in Q3 2012. However, Kaiser's net income decreased by more than 20% from $803 million in Q3 2012 to $635 million this year. The health system took a $124 million loss following its decision to halt operations in Ohio, according to officials.
- "Kaiser Quarterly Earnings Are Down" (Payers & Providers, 11/14).