Total operating revenue for Kaiser totaled $42.1 billion in 2009, up 4.5 percent from $40.3 billion in 2008. Operating income for 2009 totaled $1.6 billion, up 3.8 percent from $2.5 billion in 2008, according to the report.
Kaiser’s non-operating income reached $524 million in 2009, a huge increase from the group’s $2.3 billion loss in 2008.
The improved earnings were due largely to improvements in financial markets, according to the report. Kaiser lost 64,000 enrollees in 2009, bringing total membership down to approximately 8.58 million enrollees, according to the report.
Read the San Francisco Business Times’ report on Kaiser Permanente’s earnings.
