Kaiser Permanente, MD

Kaiser Permanente, or simply Kaiser, is a United States-based integrated managed care consortium formed in 1945 by entrepreneur Henry J. Kaiser and physician Sidney Garfield in Oakland, California.

What does Kaiser Permanente have a reputation for?

Kaiser Permanente, which was founded in 1945, is a significant health care provider and nonprofit health plan in the United States. We now serve 12.5 million people in eight states and the District of Columbia.

What makes Kaiser Permanente so inexpensive?

In 1945, Kaiser Permanente opened its doors to the public, offering health insurance at a fraction of the cost of traditional insurers like Blue Cross. Because it owned and operated its own hospitals and clinics, as well as directly employing physicians, the model worked.

Is Kaiser Permanente a good investment?

As the health plan's membership grows, Kaiser Permanente reports a $3 billion profit in the second quarter. ... Total operational revenues for the health system and insurer were $23.7 billion, while total operating expenses were $23.3 billion. The earnings were somewhat higher than the $22.1 billion reported in the second quarter of 2020.

Kaiser Permanente is owned by who?

Bernard J. Tyson is the chairman and CEO of Kaiser Foundation Health Plan, Inc. and Hospitals, also known as Kaiser Permanente, one of the country's largest integrated health care providers and not-for-profit health plans.