Correction: Kaiser Permanente-Financial Disclosure story
SACRAMENTO, Calif. (AP) — In a story Aug. 26 about a bill passing the state Legislature that impacted Kaiser Permanente’s financial disclosures, The Associated Press reported erroneously that a Kaiser Permanente spokeswoman said the hospital was disappointed state Sen. Richard Pan, the bill’s author, chose “conflict over compromise.” The spokeswoman was not referring to Pan, but to the California State Council of Service Employees International Union, which sponsored the legislation.
A corrected version of the story is below:
California Senate OKs bill targeting hospital giant Kaiser
Hospital giant Kaiser Permanente would have to disclose more financial information about its hospitals under a bill that has cleared the California Legislature
SACRAMENTO, Calif. (AP) — Hospital giant Kaiser Permanente would have to disclose more financial information about its hospitals under a bill that has cleared the California Legislature.
The state Senate approved a bill on Monday that would require Kaiser Permanente to disclose revenue and profits for each hospital individually. Right now, Democratic Sen. Richard Pan says the company it lumps the numbers together into two categories for its hospitals in Northern California and Southern California.
The bill now heads to Democratic Gov. Gavin Newsom for his consideration.
Pan said the bill would force Kaiser Permanente to follow the same financial disclosure requirements as other hospitals.
Kaiser spokeswoman Hilary Costa said the hospital is not exempt from disclosure rules and is disappointed bill sponsor California State Council of Service Employees International Union chose “conflict over compromise.”