Kaiser Permanente delivered another strong quarter in 2023, in contrast to last year’s multibillion-dollar losses.
On Friday, the Oakland, California-based nonprofit organization reported net income of $2.08 billion in the second quarter, compared with a $1.3 billion loss in the year-ago period. Revenue was up 7.2% to $25.17 billion. Quarterly expenses rose 4.5% to $24.42 billion.
Operating income totaled $741 million, up from $89 million a…