Oakland, Calif.-based Kaiser Foundation Hospitals and Kaiser Foundation Health Plan have reported combined operating revenue of $14.2 billion for the third quarter of this year, up from the $13.2 billion recorded in the same period of 2013.
Kaiser's operating income grew to $766 million in the third quarter of 2014, compared to the $518 million it posted during the third quarter of last year.
Kaiser reported a decrease in non-operating income for the third quarter of this year, which fell from $241 million in the third quarter of 2013 to $228 million in this year.
Kaiser's net income for the third quarter of 2014 was $997 million, up from the $635 million it posted in the same period of last year.
"We continue to improve on quality, service and affordability and we continue to see positive results," said Bernard J. Tyson, chairman and CEO of Kaiser.
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