Kaiser Permanente’s second-quarter net operating income plunged 35.4 percent from a year earlier even as operating revenue for its nonprofit hospital and health plan units increased in 2016’s second quarter.
Kaiser ended the second quarter with operating income of $491 million, down 35.4 percent from $760 million in the same period of 2015. Its net income fell about 30 percent, to $708 million, from net income of $1 billion in the like period of 2015.
Meanwhile, revenue rose 3.27 percent, to $15.8 billion.
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