Kaiser Permanente

Kaiser Permanente (/ˈkaɪzər pɜːrməˈnɛnteɪ/) is an integrated managed care consortium, based in Oakland, California, United States, founded in 1945 by industrialist Henry J. Kaiser and physician Sidney Garfield. Kaiser Permanente is made up of three distinct but interdependent groups of entities: the Kaiser Foundation Health Plan and its regional operating subsidiaries; Kaiser Foundation Hospitals; and the regional Permanente Medical Groups. As of 2014, Kaiser Permanente operates in eight states and the District of Columbia, and is the largest managed care organization in the United States.

Kaiser Permanente has 9.6 million health plan members, 177,445 employees, 17,791 physicians, 49,778 nurses, 38 medical centers, and 620 medical offices. In 2014, the non-profit Kaiser Foundation Health Plan and Kaiser Foundation Hospitals entities reported a combined $3.1 billion in net income on $56.4 billion in operating revenues. Each Permanente Medical Group operates as a separate for-profit partnership or professional corporation in its individual territory, and while none publicly reports its financial results, each is primarily funded by reimbursements from its respective regional Kaiser Foundation Health Plan entity. KFHP is one of the largest not for profit organizations in the United States.