Kaiser Per­ma­nente slowed its cap­i­tal spend­ing as it aims to get its costs un­der con­trol.

Modern Healthcare - - LATE NEWS -

How­ever, the first quar­ter of this year proved more chal­leng­ing on that front and its op­er­at­ing mar­gin dipped. In a short earn­ings re­lease, the Oak­land, Calif.based sys­tem re­ported that its cap­i­tal spend­ing dropped to $740 mil­lion in the quar­ter, com­pared with $827 mil­lion dur­ing the same pe­riod last year. But the quar­ter still saw it open and ren­o­vate fa­cil­i­ties in Colorado as well as North­ern and South­ern Cal­i­for­nia. Kaiser also con­tin­ued to add new mem­bers to its health plan, which now counts 10 mil­lion ben­e­fi­cia­ries.

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