OAKLAND, Calif., Nov. 4, 2016 /PRNewswire/ -- Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals and their respective subsidiaries (KFHP/H) today reported for the nine months ending September 30, 2016, total operating revenue of $48.3 billion, compared to $45.6 billion for the same period in 2015. Operating income for the first nine months of 2016 was $1.9 billion, equal to the operating income for the same period in 2015. Net non-operating income was $471 million in the first nine months of this year, compared to $71 million in the same period last year. Year-to-date net income was $2.3 billion, compared to $1.9 billion for the same period in 2015.
"Kaiser Permanente's performance year-to-date is strong," said Chairman and CEO Bernard J. Tyson. "Our focus continues to be on delivering and improving affordability, quality, service and access for our members and communities." For the quarter ending September 30, 2016, combined total operating revenue was $16.2 billion, compared to $15.3 billion for the same period in 2015. Operating income was $672 million in the third quarter of 2016, compared to $363 million for the same quarter last year. KFHP/H reported net non-operating income of $452 million for the third quarter of 2016, compared to a net loss of $478 million in the same quarter of 2015. As a result, net income for the third quarter was $1.1 billion, versus a net loss of $115 million in the same period of 2015. "Kaiser Permanente is continuing our trend of stable growth and solid operating income, with strong returns in the financial market," said Kathy Lancaster, executive vice president and chief financial officer. "We continue to be disciplined in our approach and remain focused on our goal of providing high-quality, affordable health care while investing in the communities we serve to promote health and well-being." Year-to-date capital spending was $1.9 billion through the third quarter of 2016, equivalent to the capital spending for the same period in 2015. KFHP/H's capital spending reflects continued investments in facilities and technology to meet the needs and support care delivery for their growing membership and communities. Kaiser Permanente membership has grown by approximately 376,000 members since December 31, 2015, totaling more than 10.6 million members as of September 30, 2016. Consistent with their not-for-profit mission, KFHP/H devote resources to improve the health of the communities they serve. KFHP/H's community benefit investments provide care for low-income individuals and underserved communities, reinforce community-based health partnerships, support research, and train health care workers. In the third quarter of 2016, KFHP/H continued to invest in a range of programs to serve the needs of local communities.