Kaiser plans $13B expansion in Baltimore area

Oakland, Calif.-based Kaiser Permanente plans to open 10 new medical facilities in the Baltimore area as part of a $13 billion expansion plan, according to the Baltimore Business Journal.

Kaiser currently operates 18 medical facilities in Maryland, including five in the Baltimore area, and is the second-largest health insurer in the state. The new facilities will be completed by 2028 and are expected to boost Kaiser's insurance plan membership.

"We believe that the increased number of facilities will allow for easier access to care where people live and work — and that will create member growth," Kaiser wrote in a statement to the Baltimore Business Journal.

Kaiser provides health coverage to roughly 70,000 people in Maryland and offers care to those members at its medical centers and clinics. Adding new facilities will allow Kaiser to help improve community health and support the local economy, Kim Horn, region vice preside of Kaiser, said in a statement to the Baltimore Business Journal.  

"Our Baltimore strategy is driven by what we call impact investing," she said. "We believe health care investments can support community health, which translates to rewarding jobs, steady income, stable housing and nutritious foods."

The expansion is expected to create roughly 18,000 new jobs in Greater Baltimore.

Access the full Baltimore Business Journal article here.

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