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Member, Beacon International Group, Ltd.
Kaiser Permanente ended its fiscal year with $329 million in operating income, $4.1 billion in net income, and over $100 billion in both operating revenues and expenses, marking a significant rebound from 2022's losses, Fierce Healthcare reports. The health care provider attributed its recovery to reducing administrative costs, improving efficiencies, and expanding access to high-quality care, including over 22 million virtual visits.