Like Kaiser, Geisinger both owns hospitals — 10 of them — and operates its own health insurance program. Unlike California-based Kaiser, which operates a closed system of 39 hospitals and employs 24,000 doctors, Geisinger accepts health insurance from other payers. Kaiser, which reported $95 billion in revenue in 2022, plans to spend $5 billion on Risant over the next five years, a Kaiser spokesperson said. It will add five or six health systems to Risant over that period, according to reports…. — healthcaredive.com■ Becker's Kaiser posts $233M operating profit in [the first quarter of 2023] ■ fiercehealthcare.com with net income $1.2BILLION for the three months ended March 31, 2023.

Source: Los Angeles Times May 21, 2023 04:55 UTC