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Kaiser Permanente triples income in 2019

Kaiser Permanente reported a net income of $7.4 billion in 2019, nearly triple what the company made in 2018 and significantly higher than its past surpluses.

Kaiser Permanente attributed most of the new funds to a strong investment market, saying two-thirds of its net income came from investment performance.

Kaiser reported revenues of $84.5 billion, up 6% from 2018. It also saw its membership increase by 81,000 for a total of 12.2 million as of December.

Read the rest of the article here.

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