Kaiser Permanente’s $1.5B Q3 loss: What ASCs need to know 

Oakland, Calif.-based Kaiser Permanente reported a net loss of $1.5 billion for the third quarter. 

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Here are four more things ASCs need to know:

1. The company posted total operating revenues of $24.3 billion and expenses of $24.3 billion for the quarter. 

2. Year-to-date capital spending totaled $2.5 billion. 

3. There was an operating loss of $75 million in the third quarter compared to an operating income of $38 million in the same period last year. 

4. The net loss of $1.5 billion in the third quarter of 2022 compares to a $1.6 billion net income in the third quarter of 2021.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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