Healthcare Finance News February 11, 2025
Kaiser says it saw gains in non-operating income driven by investment returns in the financial markets.
Kaiser Foundation Health Plan & Hospitals reported revenue of $115.8 billion for 2024, a gain from the $100.5 billion reported in 2023.
For the first time, Kaiser’s financials include Risant Health, a nonprofit value-based organization created by Kaiser Foundation Hospitals in 2023. Geisinger Health was the first to join, followed by Cone Health.
Kaiser reported consolidated 2024 annual financial results on Friday.
Operating income was $569 million for 2024, compared to $329 million in 2023. A total of $6.8 billion out of $12.9 billion in 2024 net income was related to Risant Health acquisitions. Kaiser net income in 2023 was $4.1 billion.
Operating...