Full Answer
How many patients will Kaiser Permanente care for in 2020?
Kaiser Permanente expanded and adjusted hospital, clinic, and virtual care operations to safely care for almost 600,000 patients with COVID-19 during 2020. We established mobile hospitals, doubled hospital bed capacity, and built new testing capacity. We made significant investments in people, facilities, equipment, supplies, and virtual technologies to support patient care and the safety of members, employees, physicians, and the public.
How does Kaiser Permanente help?
To help counteract disparities in COVID-19 health outcomes, Kaiser Permanente took action, including: 1 Increasing awareness of, and education about, COVID-19 stigma, disparities, and mitigation strategies for our physicians, staff, and employees 2 Using our state-of-the-art, culturally appropriate, virtual care toolkit to help support our members, patients, employees, and communities during the COVID-19 pandemic 3 Establishing a health equity advisory council to expand our identification of care disparities beyond our current quality measures
What kind of cancer did Kaiser Permanente treat?
When a busy elementary school teacher learned she had colorectal cancer, Kaiser Permanente gave her fast, personalized care.
What is Kaiser Permanente's 75th anniversary?
In 2020, Kaiser Permanente marked the 75th anniversary of our founding as a nonprofit integrated health care provider. We also fought a deadly global pandemic, the likes of which the world has not seen in more than 100 years. The COVID-19 pandemic challenged every part of Kaiser Permanente to rise to our calling and deliver on our mission like never before. We are humbled by the tremendous skill, strength, compassion, and courage the people of Kaiser Permanente demonstrated every day in the face of this public and global health crisis.
How long has Kaiser been in business?
For 75 years, Kaiser Permanente has been committed to shaping the future of health and health care — and helping our members, patients, and communities experience more healthy years. We are recognized as one of America’s leading health care providers and not-for-profit health plans. Since July 21, 1945, Kaiser Permanente’s mission has been to provide high-quality, affordable health care services and to improve the health of our members and the communities we serve. As of December 31, 2020, we had 12.4 million members in 8 states and the District of Columbia. Care for members and patients is focused on their total health and guided by their personal Permanente Medical Group physicians, specialists, and team of caregivers. Our caring medical teams are empowered and supported by industry-leading technology advances and tools for health promotion, disease prevention, state-of-the-art care delivery, and world-class chronic disease management. Kaiser Permanente is dedicated to care innovations, clinical research, health education, and the support of community health.
How many members does Kaiser Permanente have?
As of December 31, 2020, we had 12.4 million members in 8 states and the District of Columbia.
What is Kaiser Permanente's philosophy?
Kaiser Permanente believes that total health is more than freedom from physical affliction. It’s about mind, body, and spirit. Our work demonstrates that we strive to provide total health for our members and our communities.
2020 Annual Report
We are honored to have delivered care and coverage to millions of Americans during a year that changed lives in many unexpected ways. We are deeply grateful to our medical teams and employees who expertly and compassionately care for our members, patients, communities, and each other.
2019 Annual Report
Our report tells the story of the progress we made in continuing to deliver high-quality, affordable, and equitable care and coverage, as well as the impact we have had on improving the health of our members and the communities we serve.
2018 Annual Report
These stories showcase the people of Kaiser Permanente who consistently go above and beyond to give our more than 12.2 million members, patients, and communities the care and resources they need to achieve total health.
How much is Kaiser Permanente spending in 2020?
As of September 30, 2020, Kaiser Permanente has 719 medical offices, 39 owned and operated hospitals, and more than 50 retail and employer clinics. Capital spending in the third quarter of 2020 totaled $964 million. Kaiser Permanente continues to be a leader in providing ...
How many members does Kaiser Permanente have in 2020?
Membership. Kaiser Permanente’s membership was 12.4 million as of September 30, 2020, a loss of 11,000 members during the third quarter. As COVID-19 continues to impact the economy, unemployment nationally remained at almost 8.8% during the third quarter, close to double the rate for the same period in 2019.
How much money has Kaiser provided to the uninsured?
Kaiser Permanente has provided more than $420 million in assistance so far this year to help low-income, uninsured, and underinsured members through its medical financial assistance program.
How many people will Kaiser care for in 2020?
As of September 30, 2020, Kaiser Permanente was providing care for almost 1 million Medicaid members, an increase of more than 66,000 from last year. “Improving the health of our members and the communities we serve is core to our mission and the work we do every day at Kaiser Permanente,” said chairman and CEO Greg A. Adams.
How many people will Kaiser provide Medicaid in 2020?
As of September 30, 2020, Kaiser Permanente was providing care for almost 1 million Medicaid ...
What is Kaiser Permanente?
Kaiser Permanente’s mission is to provide high-quality, affordable health care services and to improve the health of its members and the communities it serves. As a nonprofit health care system, Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals, and their respective subsidiaries ...
How much is KFHP operating income in 2020?
For the quarter ended September 30, 2020, KFHP/H reported year-to-date operating income of $3.8 billion compared to $3.3 billion for the same period in 2019. Year-to-date net income was $5.4 billion compared to $6.4 billion for the same period in 2019.
What is Kaiser Permanente's 75th anniversary?
In 2020, Kaiser Permanente marked the 75th anniversary of our founding as a nonprofit integrated health care provider. We also fought a deadly global pandemic, the likes of which the world has not seen in more than 100 years. The COVID-19 pandemic challenged every part of Kaiser Permanente to rise to our calling and deliver on our mission like never before. We are humbled by the tremendous skill, strength, compassion, and courage the people of Kaiser Permanente demonstrated every day in the face of this public and global health crisis.
What is Kaiser Permanente's integrated model of care?
The past year confirmed that Kaiser Permanente’s integrated model of care and coverage was very well suited to address the challenges presented by this global pandemic. We not only met these challenges, but through innovation, dedication, and practical commitment, we laid the groundwork for many future improvements in care delivery.
When did Kaiser give the first injection?
On March 16, 2020, Kaiser Permanente medical scientists gave the first-ever injection of a potential vaccine for COVID-19 to volunteers in a federally sponsored clinical trial. This was just days after the global pandemic had been declared by the World Health Organization. The first injection ultimately led to the successful deployment of the vaccine developed by Pfizer and BioNTech.
What is Kaiser Permanente investing in 2020?
In 2020, Kaiser Permanente made investments in people, facilities, equipment, supplies, and virtual technologies, including increasing inpatient capacity, acquiring additional equipment, and expanding testing capabilities to address COVID-19 needs.
How many members does Kaiser Permanente have in 2020?
Membership. Kaiser Permanente membership as of December 31, 2020, was 12.4 million, an annual increase of nearly 110,000 members. Overall membership remained stable because of efforts on the part of government, employers, and Kaiser Permanente to help people maintain health benefits during this period of crisis.
How many telehealth visits did Kaiser Permanente provide in 2020?
In 2020, Kaiser Permanente provided more than 31 million telehealth visits (scheduled telephone and video visits), enhancing care while providing increased safety and convenience for its members. In addition, Kaiser Permanente completed nearly 4.6 million#N#e-visits. Members visited the kp.org member portal and mobile app more than 423 million times for activities such as sending secure messages to clinicians, viewing lab results, and filling 42 million prescriptions.
How much did Kaiser spend on community health in 2020?
In total Kaiser Permanente spent $3.6 billion on Community Health programs.
What is Kaiser Permanente?
Kaiser Permanente is committed to helping shape the future of health care. We are recognized as one of America's leading health care providers and nonprofit health plans. Founded in 1945, Kaiser Permanente has a mission to provide high-quality, affordable health care services and to improve the health of our members and the communities we serve. We currently serve 12.4 million members in 8 states and the District of Columbia. Care for members and patients is focused on their total health and guided by their personal Permanente Medical Group physicians, specialists, and team of caregivers. Our expert and caring medical teams are empowered and supported by industry-leading technology advances and tools for health promotion, disease prevention, state-of-the-art care delivery and world-class chronic disease management. Kaiser Permanente is dedicated to care innovations, clinical research, health education, and the support of community health.
How much is net income for 2020?
This total, combined with operating income, resulted in net income for 2020 of $6.4 billion, compared to $7.4 billion in 2019.
How much money did Kaiser make in 2020?
Kaiser announced late Friday that it generated $88.7 billion in total operating revenue in 2020, up about 5% compared with $84.5 billion the year before. The system’s operating income dropped to $2.2 billion, down about 19% from the income of $2.7 billion generated in 2019.
Why are hospitals facing higher expenses?
Hospital systems across the country have faced higher expenses for critical drugs and supplies to fight the pandemic such as personal protective equipment and ventilators. Systems also must face higher expenses for staff as prices for travel nurses have soared.
Did Kaiser Permanente make a profit?
Kaiser Permanente generated a profit last year despite major financial challenges caused by the pandemic. (Sundry Photography/Shutterstock)
Does Kaiser provide virtual care?
Kaiser did provide a large amount of virtual care during 2020 as providers flocked to telehealth to treat hesitant patients who were afraid to head to the hospital or doctor’s office.
How much does Kaiser make in 2020?
Oakland, Calif.-based Kaiser Permanente recorded a net income of $6.4 billion in 2020, a 14 percent decline compared to 2019, according to recently released financial documents .
How much did Kaiser spend on capital projects in 2020?
Despite the pandemic, Kaiser spent more on capital projects in 2020 than in 2019. In 2020 Kaiser spent $4 billion on projects, whereas in 2019 Kaiser spent $3.5 billion.
What is the operating margin of Kaiser?
Overall, Kaiser ended the year with a 2.5 percent operating margin, compared to a 3.2 percent operating margin in 2019. Kaiser also saw a nonoperating gain of $4.1 billion in 2020, compared to $4.7 billion in 2019.
Did Kaiser spend more on capital projects in 2020 than in 2019?
Despite the pandemic, Kaiser spent more on capital projects in 2020 than in 2019.
Membership
Kaiser Permanente membership as of December 31, 2021, was 12.5 million, reflecting an annual increase of almost 185,000 members. Government programs that help people retain health care coverage during the pandemic led to growth in members with individual, Medicare, and Medicaid plans.
Leveraging virtual care
Caring for members through 28.8 million telehealth visits and nearly 15.9 million e-visits, Kaiser Permanente utilized investments in technologies that enable safe and convenient care to meet the increase in demand for virtual care offerings during the year.
Improving community health
In 2021, Kaiser Permanente continued its long-standing commitment to improving the health of its members and the communities it serves by investing $2.6 billion in community health programs.
2021 and 2020 annual financial summary
Kaiser Permanente is committed to helping shape the future of health care. We are recognized as one of America’s leading health care providers and nonprofit health plans. Founded in 1945, Kaiser Permanente has a mission to provide high-quality, affordable health care services and to improve the health of our members and the communities we serve.
What is Kaiser Permanente?
Kaiser Permanente’s mission is to provide high-quality, affordable health care services and to improve the health of its members and the communities it serves. Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals, and their respective subsidiaries (KFHP/H) advance this mission through integrated care delivery and coverage.
How many hospitals will Kaiser Permanente have in 2021?
As of September 30, 2021, Kaiser Permanente has 730 medical offices nationwide, 541 pharmacies, and 39 hospitals.
Financial Results
Membership
- Kaiser Permanente’s membership was 12.4 million as of September 30, 2020, a loss of 11,000 members during the third quarter. As COVID-19 continues to impact the economy, unemployment nationally remained at almost 8.8% during the third quarter, close to double the rate for the same period in 2019. In Kaiser Permanente markets, unemployment ranged from 6.6% to 13.9% at the …
Capital Spending
- Year to date, capital spending totaled $2.8 billion. As of September 30, 2020, Kaiser Permanente has 719 medical offices, 39 owned and operated hospitals, and more than 50 retail and employer clinics. Capital spending in the third quarter of 2020 totaled $964 million. Kaiser Permanente continues to be a leader in providing a broad range of digital ...
Improving Community Health
- Throughout the third quarter and the entire pandemic, Kaiser Permanente continued its focus on addressing health equity and COVID-19 relief efforts. Kaiser Permanente has provided more than $420 million in assistance so far this year to help low-income, uninsured, and underinsured members through its medical financial assistance program. In September, to help improve the c…