Kaiser Permanente $4.5B loss in 2022

Nonprofit hospital and health plan operator Kaiser Permanente on Friday posted a $4.5 billion net loss in 2022, compared to a $8.1 billion net gain in 2021, as the integrated system struggled with billions of dollars in investment losses, a rise in care volume and ongoing labor shortages.

Kaiser’s $4.5B loss in 2022 driven by labor expenses, investment losses — https://www.healthcaredive.com/news/kaiser-reports-13b-operating-loss-2022-driven-by-expenses-inflation/642595/

Yikes.

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