Net income for Kaiser Permanente's second quarter ending June 30, 2011, was $663 million, indicating a 64 percent increase from net income of $404 million in the same period last year, according to a health system release.
Kaiser Permanente's quarterly financial report includes combined operating results for Kaiser Foundation Hospitals, Kaiser Foundation Health Plan, Inc., and their respective subsidiaries.
The non-profit organizations also reported a combined operating revenue of $11.9 billion for this quarter, compared to $11.0 billion in 2Q 2010, and operating income of $390 million this quarter, compared to $313 million in 2Q 2010. Additionally, net non-operating income for the quarter was $273 million, compared to $91 million in the same quarter last year.
Read the health system release about Kaiser Permanente's financial results.
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Kaiser Permanente's quarterly financial report includes combined operating results for Kaiser Foundation Hospitals, Kaiser Foundation Health Plan, Inc., and their respective subsidiaries.
The non-profit organizations also reported a combined operating revenue of $11.9 billion for this quarter, compared to $11.0 billion in 2Q 2010, and operating income of $390 million this quarter, compared to $313 million in 2Q 2010. Additionally, net non-operating income for the quarter was $273 million, compared to $91 million in the same quarter last year.
Read the health system release about Kaiser Permanente's financial results.
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