Leading integrated health care organization Kaiser Foundation maintains high-quality, affordable care while improving member and community health as the COVID-19 pandemic rampages on. Kaiser Foundation Health Plan, Inc. advances this mission through investments in integrated care delivery and coverage.
- Played an enormous role in the crisis: As part of Kaiser Permanente’s continuing response to the COVID-19 pandemic and the January surge, during the quarter ending March 31, 2021, Kaiser Permanente has cared for almost 275,000 patients with COVID-19 and Conducted more than 2 million COVID-19 diagnostic tests.
- Kaiser heightens its branches nationwide: For the quarter ending March 31, 2021, capital spending totaled $906 million, compared to $912 million in the first quarter of the prior year. As of March 31, 2021, Kaiser Permanente has 724 medical offices nationwide, along with 39 hospitals, and 56 retail and workplace clinics.
- Enhanced coverage plans for all: “Our results allow us to deliver on our mission of providing high-quality, affordable care even during this global health crisis,” said executive vice president and chief financial officer, Kathy Lancaster. “We’re proud that throughout this pandemic, our unique integrated model enabled us to provide our members with options to seamlessly transition from commercial and employer-sponsored plans to the individual or government-sponsored plans. This meant members could keep their care provider and coverage, despite financial hardship or loss of employer-sponsored health coverage.”
- Revenues as compared with the previous year: For the quarter ending March 31, 2021, KFHP/H reported total operating revenues of $23.2 billion and total operating expenses of $22.2 billion, compared to total operating revenues of $22.6 billion and total operating expenses of $21.4 billion in the same period of the prior year. Even though profits for the first quarter were up, they are still below the $3.2 billion that was generated in the first quarter of 2019.
- Dedicated for health fixation: “Kaiser Permanente continues to focus on improving the health and safety of our members, workforce, and communities during this pandemic while providing COVID-19 testing, treatment, and vaccination,” said Kaiser CEO Greg A. Adams, in a statement on Friday.
