KAISER FOUNDATION HEALTH PLAN INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1955

Legal Domicile

Principal Officer

GREGORY A ADAMS

Phone

5102716611

Tax Period

2024-01-01 to 2024-12-31

KAISER FOUNDATION HEALTH PLAN INC, founded in 1955, is a large national nonprofit in the Health Care sector that reported $82.5B in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE HIGH-QUALITY, AFFORDABLE HEALTH CARE SERVICES TO IMPROVE THE HEALTH OF OUR MEMBERS AND THE COMMUNITIES WE SERVE.

Program Service Accomplishments

Program 1

Expenses: $71,310,061,144 Revenue: $76,439,239,983

MEMBER HEALTH CARE SERVICES AND MEDICAL TRAINING FOR CARE IMPROVEMENT KAISER FOUNDATION HEALTH PLAN, INC. (KFHP, INC.) PROVIDES MEDICAL AND SURGICAL CARE, INCLUDING URGENT CARE SERVICES, EXTENDED...

MEMBER HEALTH CARE SERVICES AND MEDICAL TRAINING FOR CARE IMPROVEMENT KAISER FOUNDATION HEALTH PLAN, INC. (KFHP, INC.) PROVIDES MEDICAL AND SURGICAL CARE, INCLUDING URGENT CARE SERVICES, EXTENDED CARE AND HOME HEALTH CARE, FOR ITS MEMBERS WITHOUT REGARDS TO AGE, SEX, RACE, RELIGION OR NATIONAL ORIGIN OR THE ABILITY TO PAY. KFHP, INC. EDUCATES AND TRAINS MEDICAL STUDENTS AND OTHER HEALTH CARE PROFESSIONALS AND PROMOTES SCIENTIFIC AND NURSING EDUCATION IN ORDER TO IMPROVE CARE FOR OUR MEMBERS AND OUR COMMUNITY. KFHP, INC. DIRECTLY INVESTS IN IMPROVEMENTS IN COMMUNITY HEALTH BY WORKING TO INCREASE ACCESS TO HEALTH CARE, IMPROVING THE CONDITIONS FOR HEALTH AND EQUITY AND PROVIDING HEALTH EDUCATION.

Program 2

Expenses: $6,874,478,202 Revenue: $5,909,970,955

MEDICAID AND OTHER GOVERNMENT SPONSORED PROGRAMS KAISER FOUNDATION HEALTH PLAN (KFHP, INC.) IS COMMITTED TO IMPROVING MEDICAL CARE FOR BENEFICIARIES OF MEDICAID AND OTHER GOVERNMENT SPONSORED...

MEDICAID AND OTHER GOVERNMENT SPONSORED PROGRAMS KAISER FOUNDATION HEALTH PLAN (KFHP, INC.) IS COMMITTED TO IMPROVING MEDICAL CARE FOR BENEFICIARIES OF MEDICAID AND OTHER GOVERNMENT SPONSORED PROGRAMS, NOT ONLY FOR KFHP, INC. MEMBERS, BUT ALSO WITHIN THE COMMUNITIES WE SERVE. AT THE END OF 2024, OVER 1.2 MILLION PEOPLE WERE RECEIVING THE BENEFITS OF FULL MEMBERSHIP THROUGH KFHP, INC.'S MEDICAID MANAGED CARE PROGRAMS IN THE STATES OF CALIFORNIA AND HAWAII AND CHILDREN'S HEALTH INSURANCE PROGRAM (CHIP). IN ADDITION, KFHP, INC. PROVIDED HEALTH CARE ON A FEE-FOR-SERVICE BASIS FOR OVER 227,000 MEDICAID BENEFICIARIES WHO WERE NOT ENROLLED AS KFHP, INC. MEMBERS.

Program 3

Expenses: $142,268,460 Revenue: $85,171

CHARITY CARE (MEDICAL FINANCIAL ASSISTANCE AND CHARITABLE HEALTH COVERAGE) KAISER FOUNDATION HEALTH PLAN (KFHP, INC.) PROVIDES CHARITY CARE TO LOW-INCOME VULNERABLE PATIENTS THROUGH THE MEDICAL...

CHARITY CARE (MEDICAL FINANCIAL ASSISTANCE AND CHARITABLE HEALTH COVERAGE) KAISER FOUNDATION HEALTH PLAN (KFHP, INC.) PROVIDES CHARITY CARE TO LOW-INCOME VULNERABLE PATIENTS THROUGH THE MEDICAL FINANCIAL ASSISTANCE (MFA) AND CHARITABLE HEALTH COVERAGE (CHC) PROGRAMS. KFHP, INC. OFFERS FINANCIAL ASSISTANCE THROUGH THE MFA PROGRAM TO HELP FAMILIES AND INDIVIDUALS WITH A DEMONSTRATED FINANCIAL NEED PAY FOR ALL OR PART OF THE COST OF EMERGENCY OR MEDICALLY NECESSARY CARE PROVIDED IN KAISER PERMANENTE FACILITIES AND/OR BY KAISER PERMANENTE PROVIDERS. IN 2024, THIS PROGRAM ASSISTED OVER 370,000 PEOPLE THROUGH FINANCIAL ASSISTANCE. THE CHC PROGRAMS OFFER REGULAR KAISER FOUNDATION HEALTH PLAN MEMBERSHIP AT MINIMAL COST TO LOW INCOME FAMILIES WHO ARE NOT ELIGIBLE FOR OTHER PUBLIC OR PRIVATELY SPONSORED COVERAGE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $659,510

Program Service Revenue $82,349,296,109

Investment Income $130,860,614

Other Revenue $9,624,648

TOTAL REVENUE $82,490,440,881

Expense Breakdown

Grants Paid $18,357,973

Salaries & Benefits $4,494,499,292

Fundraising Expenses $0

Program Expenses $78,391,316,888

Other Expenses $77,721,838,549

TOTAL EXPENSES $82,234,695,814

Year-over-Year Comparison

	2024	2023	Change
Revenue	$82,490,440,881	$75,101,306,911	+0.1%
Expenses	$82,234,695,814	$74,356,004,001	+0.1%
Net Income	$255,745,067	$745,302,910	-0.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

32089

Volunteers

295

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$81,240,587

Total Directors

$16,584,572

Key Employees

$8,059,511

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gregory Adams	Chairman & CEO	12.9	Officer Director	$12,789,811	$186,239	$12,976,050
Kimberly Horn	EVP, Group President, MOC	16.5	Officer	$5,678,798	$795,510	$6,474,308
Janet Liang	EVP, Group President & COO	15.0	Officer	$4,322,020	$689,685	$5,011,705
Kathryn Lancaster	EVP & CFO	15.8	Officer	$4,850,102	$153,985	$5,004,087
Brandon Cuevas	EVP, Health Plan	25.0	Officer	$3,512,002	$842,876	$4,354,878
Yazdi Bagli	EVP, Enterprise Business Svcs	25.0	Officer	$2,666,097	$1,155,932	$3,822,029
Carrie Plietz	Regional President - NCAL	25.0	Officer	$2,535,009	$791,851	$3,326,860
Chuck Bevilacqua	SVP, Health Plan Product, Svc	35.0	Officer	$2,888,508	$119,306	$3,007,814
Gregory Holmes	EVP, Chief HR Officer	25.0	Officer	$1,404,681	$1,267,229	$2,671,910
Paul Swenson	EVP, Chief Admin Officer	44.9	Officer	$2,487,310	$161,323	$2,648,633
Vanessa Benavides	EVP,Chief Legal Officer & Secy	17.5	Officer	$2,137,057	$486,134	$2,623,191
Andrew Bindman	EVP, Chief Medical Officer	24.2	Officer	$1,545,417	$1,048,791	$2,594,208
Samuel Glick	EVP, Enterprise Strat, Bus Dev	25.0	Officer	$1,306,107	$1,286,940	$2,593,047
Chandrika Bhalla	SVP, CFO - Hospital Mkts & FP	25.0	Officer	$2,040,819	$356,351	$2,397,170
Michelle Gaskill	Regional President - SCAL & HI	25.0	Officer	$1,858,904	$459,799	$2,318,703
Pamela Shipley	SVP, Health Plan Innovation	19.0	Officer	$1,662,298	$466,301	$2,128,599
Thomas Hanenburg	SVP, Ambulatory Operations	8.5	Highest	$2,008,688	$119,734	$2,128,422
Paul Minardi	EVP and CEO of KPMF	0.1	Officer	$1,724,560	$370,168	$2,094,728
Bechara Choucair	EVP, Chief Health Officer	25.0	Officer	$1,385,710	$653,658	$2,039,368
Michael Rowe	SVP, Chf Bus Dev & Strat Exec	40.0	Highest	$1,581,182	$391,747	$1,972,929
David Thomason	SVP,Corporate Controller & CAO	16.1	Officer	$1,720,465	$90,610	$1,811,075
Debra Cunningham	SVP, Enterprise Transformation	50.0	Highest	$1,662,839	$131,476	$1,794,315
Edmund Chan	SVP, Hawaii Market Leader	50.0	Highest	$1,514,235	$152,292	$1,666,527
Thomas Meier	SVP, Corporate Treasurer	18.5	Officer	$1,502,528	$138,446	$1,640,974
Thomas Curtin	SVP, Commercial LOB	35.0	Key Emp	$1,486,469	$151,880	$1,638,349
Anthony Barrueta	SVP, Government Relations	24.5	Officer	$1,490,131	$141,587	$1,631,718
James Simpson	SVP, Enterprise Projects	50.0	Highest	$1,463,034	$162,146	$1,625,180
Alfonse Upshaw	SVP, CFO - NCAL	25.0	Key Emp	$1,240,525	$220,778	$1,461,303
Arlene Peasnall	SVP, HR & Labor Relations	50.0		$1,286,627	$166,370	$1,452,997
Mary Beth Lang	SVP, Chief Pharmacy Officer	50.0	Key Emp	$1,249,936	$193,706	$1,443,642
Linton White	SVP, CFO - SCAL & Hawaii	25.0	Key Emp	$1,196,264	$188,595	$1,384,859
Laurel Junk	SVP, Market Operations Svcs	0.0		$1,210,038	$41,434	$1,251,472
Catherine Hernandez Tirey	SVP, Chief Comms Officer	25.0	Officer	$1,105,175	$126,631	$1,231,806
Arthur Southam	EVP, Health Plan Ops & CGO	0.0		$1,120,683	$0	$1,120,683
Philip Young	Assistant Secretary	25.0	Officer	$906,016	$199,852	$1,105,868
Jalena Bingham	Assistant Secretary	17.0	Officer	$911,755	$183,003	$1,094,758
Tina Weiss	SVP, Small Bus/ Individual LOB	50.0	Key Emp	$969,121	$125,208	$1,094,329
Diane Comer	EVP, Chief Info & Tech Officer	25.0		$1,090,069	$2,489	$1,092,558
Mark Zemelman	SVP, General Counsel & Secy	0.0		$257,774	$799,702	$1,057,476
Christina Cooper	SVP, Government Programs	50.0	Key Emp	$754,772	$282,257	$1,037,029
Jennifer Goldberg	Assistant Secretary	25.0	Officer	$846,439	$160,466	$1,006,905
Julie Miller-Phipps	Regional President - SCAL & HI	0.0		$948,874	$0	$948,874
Marcus Hoffman	CFO - SCAL & Hawaii	0.0		$794,261	$134,150	$928,411
Ryan Jenson	Interim Corp Controller & CAO	16.0		$763,515	$133,533	$897,048
Greg Christian	Assistant Secretary	25.0	Officer	$780,075	$18,978	$799,053
Katherine Ritchey	Assistant Secretary	25.0	Officer	$638,065	$160,232	$798,297
Kristin Bear	Assistant Secretary	17.0	Officer	$574,157	$188,500	$762,657
Christina Lockwood	Assistant Secretary	19.0	Officer	$562,627	$135,339	$697,966
Wade Overgaard	SVP, Health Plan Ops - CA	0.0		$561,698	$0	$561,698
Donald Orndoff	SVP, NFS	0.0		$549,210	$0	$549,210
Judith A Johansen JD	Director	4.0	Director	$255,000	$40,485	$355,485
Jeffrey E Epstein	Director	3.0	Director	$264,160	$39,472	$343,632
A Eugene Washington MD	Director	3.15	Director	$257,500	$31,486	$330,986
Hong-Sze Yu	VP, Brd & Corp Gov & Asst Secy	15.9	Officer	$307,089	$8,143	$315,232
Ramon F Baez	Director	0.77	Director	$262,143	$30,645	$309,788
David F Hoffmeister	Director	4.1	Director	$279,643	$28,915	$308,558
Leslie S Heisz	Director	2.4	Director	$266,174	$37,083	$303,257
Regina M Benjamin MD MBA	Director	3.0	Director	$220,810	$73,305	$302,115
Jenny J Ming	Director	1.85	Director	$249,324	$34,377	$283,701
Richard P Shannon MD	Director	2.5	Director	$226,367	$57,283	$283,650
David J Barger	Director	4.5	Director	$238,367	$37,625	$275,992
Vivek Sharma	Director	0.3	Director	$261,643	$0	$261,643
Maryann Bodayle	Assistant Secretary	22.1	Officer	$205,630	$51,360	$256,990
Matthew T Ryan	Director	3.5	Director	$249,715	$0	$249,715
George Disalvo	SVP, CFO-Markets Outside of CA	0.0		$187,820	$57,446	$245,266
Mick Diede	SVP, Chief Actuary	0.0		$291,293	$-83,308	$207,985
Edward Y W Pei	Director	0.0		$62,658	$0	$62,658

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$82,490,440,881	$82,234,695,814	$33,547,368,863	$255,745,067
2023	$75,101,306,911	$74,356,004,001	$31,400,724,759	$745,302,910
2022	$70,804,102,457	$71,449,791,174	$29,662,106,149	$-645,688,717
2021	$68,095,348,490	$67,170,706,977	$29,014,389,728	$924,641,513
2020	$66,679,377,605	$64,505,756,311	$26,389,486,083	$2,173,621,294
2019	$62,519,341,516	$60,955,210,761	$24,115,349,346	$1,564,130,755
2018	$58,440,598,902	$58,133,304,182	$21,329,155,107	$307,294,720
2016	$50,622,574,616	$50,534,528,269	$19,931,581,625	$88,046,347