The Kaiser Papers A Public Service Web Sitekaiserpapers.com/businesspractices

Link for Translation of this Kaiser Papers page from Google Translation Service


Kaiser Financial Information and Real Property

  |    
INDEX KAISER FINANCIAL AND REAL ESTATE FACTS AND ARTICLES OF INTEREST
"Not everybody knows this, but Kaiser is the second largest private commercial real estate owner in California," says Williams. "They own a tremendous amount of real estate assets that we have exclusive access rights to."

FEDERAL GRANTS 

FEDERALCONTRACTS

Top 5 Known Congressional Districts where Work is Performed 

EHRENBERG v SOUTHERN CAL PERMANENTE- SOME INFORMATION ON PHYSICIANS FINANCIALS

Some Permanente tax information
obtained from a physicians tax
penalties


Gryphon Investors Acquires Nursefinders, Inc.

Retirement Plans

Kaiser Permanente is the trade name for the organizations that comprise the Kaiser Permanente Medical Care Program.


Note - this material is reproduced from  http://www.fedspending.org


Federal Contracts
Total years 2000 to 2006
2000 $1,418,000
2001 $5,764,000
2002 $7,974,000
2003 $4,297,218
2004 $4,137,867
2005 $4,320,666
2006 $2,122,082
2007   $1,314,355
*Note: FY 2007 only includes up through second and part of third quarter.
Data on federal assistance awards, including grants, direct payments, loans, insurance, and other non-contract awards, as obtained from the U.S. Census Bureau, currently includes only the first three quarters of FY 2006. Therefore, all of the 2006 figures on the "Grants" side of the website are currently incomplete. The site will be updated as soon as possible after data becomes available.

Data on federal contracts for FY 2007 currently includes only the first two quarters. Because of this, all of the 2007 figures on the "Contracts" side of the website are incomplete. We will update these data as soon as they become available from the government.

The contracts database is compiled from government data last released on 06/12/2007

$31,348,187 Total - Wait until you see what the government is contracting with them for.
 
This search result was produced as a project of OMB Watch. The data was obtained from the Federal Procurement Data System (FPDS) - Next Generation and other federal government sources through Eagle Eye Publishers, Inc. Eagle Eye also provided identification of parent companies and other data improvements.

It is being replicated here as we are going through the data for historical purposes so the public can clearly see where our taxpayer money is going while the patients are being denied medical care.

Top 5 Known Congressional Districts where Work is Performed 

California 9 (Barbara Lee) $1,886,145
Georgia 4 (Cynthia A. McKinney / Denise L. Majette / Cynthia A. McKinney) $1,554,749
Maryland 8 (Constance A. Morella / Chris Van Hollen) $675,557
Oregon 3 (Earl Blumenauer) $456,628
Oregon 1 (David Wu) $132,000



year 2006

Summary
Fiscal Year: 2006
Total dollars: $2,122,082
Total number of contractors: 1
Total number of transactions: 49
see:  http://businespractices.kaiserpapers.com/contracts2006.html





Federal Government Grants to Kaiser and the for profit Permanente

398 contracts have been located for Kaiser Permanente Research Division -  years 2000 to third quarter of 2006 for a total paid out  with our taxpayer money of $157,611,941 by the Department of Health and Human Services.

Fiscal Year 2006 - First Three Quarters so far documented - $18,263,920 from Department of Health and Human Services - 38 contracts
https://kaiserpapers.com/businesspractices/2006grants.html

EHRENBERG v SOUTHERN CAL PERMANENTE


Fiscal Year: 2005
Federal dollars: $29,517,424 from Department of Health and Human Services - 62 contracts
https://kaiserpapers.com/businesspractices/2005grants.html

Fiscal Year 2004 -
Federal funding (within this search) for the year : $27,292,116 from Department of Health and Human Services - 63 research contracts
https://kaiserpapers.com/businesspractices/2004grants.html


Fiscal Year 2003 - Assistance to KAISER FOUNDATION RESEARCH INSTITUTE in CA  $24,380,991 from Department of Health and Human Services - 72 contracts
https://kaiserpapers.com/businesspractices/2003grants.html


Fiscal Year 2002 - Assistance to KAISER FOUNDATION RESEARCH INSTITUTE in CA $20,195,283 from Department of Health and Human Services -  62 contracts
https://kaiserpapers.com/businesspractices/2002grants.html

Fiscal Year 2001 - Assistance to KAISER FOUNDATION RESEARCH INSTITUTE in CA  $18,693,117
from Department of Health and Human Services - 50 contracts
https://kaiserpapers.com/businesspractices/2001grants.html

Fiscal Year 2000 - Assistance to KAISER FOUNDATION RESEARCH INSTITUTE in CA   $19,269,090
from Department of Health and Human Services - 51contracts
https://kaiserpapers.com/businesspractices/2000grants.html


In 1991 Permanente Doc Max Moses  had a talk with the tax people and at the following link is the result showing what happened:
https://kaiserpapers.com/pdfs/MaxMoses.pdf

U.S. 9th Circuit Court of Appeals

EHRENBERG v SOUTHERN CAL PERMANENTE

In Re: MAX R. MOSES; MARLENE
E. MOSES,
Debtors.
No. 98-55029
HOWARD EHRENBERG, Chapter 7
BAP No.
Trustee,
CC-96-01899-
Appellant,
MaVoHa
v.
https://kaiserpapers.com/businesspractices/moses.html




Gryphon Investors Acquires Nursefinders, Inc.

SAN FRANCISCO--(BUSINESS WIRE)--Aug. 16, 2004--Gryphon Investors, a San Francisco-based private equity firm, and Ray Marcy, former Chairman & CEO of Spherion Corporation, announced that they have acquired Nursefinders, Inc., one of the nation's largest nurse staffing companies to hospitals and other healthcare facilities; and a leading provider of home healthcare services. As part of the transaction, Kaiser Permanente ("Kaiser"), a current shareholder and customer, will remain a minority equity holder in the company. Nursefinders was previously owned by Atlantic Medical Capital and other institutions. Terms were not disclosed.

http://physiciancareers.kp.org/hi/benefits/retirement.htm
Retirement Plans 
Permanente Physicians Retirement Plan

The Permanente Physicians Retirement Plan (PPRP) is a defined benefit plan. The base retirement benefit provides a monthly income for life beginning at age 65, based on years of credited service and the annual average of the highest three years of compensation in the last 10 years. 

The formula is 2.25% x years of credited service up to 20 years x 8/9 of the average annual compensation, plus 1.125% x years of credited service over 20 years x 8/9 of the average annual compensation. The IRS limits dollar amounts that can be paid annually from a defined benefit plan. Benefits in excess of legal limits for qualified retirement plans are currently paid under the non-qualified Supplemental Employee Retirement Plan.

One hundred percent vesting occurs upon completion of five years of service. An annual contribution is made by HPMG to the Permanente Physicians Retirement Plan. 
 Supplemental Employee Retirement Plan 
 If a physician's salary exceeds the IRS limits recognized by a defined benefit plan, the benefit under the PPRP may be limited. The benefit under the Supplemental Employee Retirement Plan (SERP) is calculated as the difference between the benefit under the PPRP with IRS limits and the PPRP benefit without such limitations. 
Savings Plans 
 Profit Sharing and Money Purchase Pension Plans

  These plans provide a means for participants to accumulate retirement benefits through tax-deferred contributions. The funds are professionally managed in a variety of stocks, bonds, T-bills, and money market funds, determined by the physician's election. The physician may elect to make a salary-deferral contribution to the Profit Sharing Plan upon date of hire. Upon completion of two years of service, the physician is eligible for employer contributions to the Profit Sharing and Money Purchase Pension Plans. The physician may borrow up to 50% of his or her account funds to a maximum of $50,000. 



Kaiser Permanente is the trade name for the organizations that comprise the Kaiser Permanente Medical Care Program. These organizations consist of 
Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals, their subsidiaries, and the Permanente Medical Groups, independent physician group practices that contract with KFHP and its health plan subsidiaries to provide or arrange medical services for KFHP members. 

In California we have: 
KAISER FOUNDATION HEALTH PLAN, INC. 
This seems to be the Kaiser Traditional Plan 

KAISER FOUNDATION HOSPITALS 
A network of Hospitals run by Kaiser Foundation Health Plan. 

KAISER HEALTH PLAN ASSET MANAGEMENT, INC. 
I haven't a clue what this actually is or does and have found nothing on it except it's listing as a business. 

KAISER HOSPITAL ASSET MANAGEMENT, INC. 

THE PRIMARY EXEMPT PURPOSE OF THIS ORGANIZATION IS TO ACQUIRE CAPITAL MEDICAL EQUIPMENT FOR LEASE TO ITS SOLE MEMBER, KAISER FOUNDATION HOSPITALS, FOR USE IN PROVIDING HOSPITAL-BASED HEALTH CARE SERVICES TO MEMBERS OF THE COMMUNITY AND TO MEMBERS OF THE KAISER PERMANENT MEDICAL CARE PROGRAM.

Programs

  1. THE PRIMARY EXEMPT PURPOSE OF THIS ORGANIZATION IS TO ACQUIRE CAPITAL MEDICAL EQUIPMENT FOR LEASE TO ITS SOLE MEMBER, KAISER FOUNDATION HOSPITALS, FOR USE IN PROVIDING HOSPITAL-BASED HEALTH CARE SERVICES TO MEMBERS OF THE COMMUNITY AND TO MEMBERS OF THE KAISER PERMANENT MEDICAL CARE PROGRAM. THE ORGANIZATION INVESTS ITS SURPLUS FUNDS IN SHORT-TERM SECURITIES UNTIL NEEDED FOR CAPITAL EQUIPMENT ACQUISITION PROGRAMS AND REPORTS THE INCOME FROM SUCH INVESTED FUNDS.

KAISER HOSPITAL ASSISTANCE CORPORATION 
LOANING MONIES AND LEASING PROPERTY TO NONPROFIT ORGANIZATIONS
They lend money only to Kaiser Foundation Health Plan and Kaiser Hospitals.  No one else.

KAISER PERMANENTE - ASIAN PACIFIC AMERICAN NETWORK 

To promote the development of all Asian physicians and staff, thus utilizing their

unique cultural heritage to enhance Kaiser Permanente’s competitive advantage

and service to the community

community.

KAISER PERMANENTE INSURANCE COMPANY 
This is an insurance company.  The Permanente owns 50% of it.

KAISER PERMANENTE INTERNATIONAL 
a subsidiary devoted to international consulting and development work 
http://www.prnewswire.co.uk/cgi/news/release?id=57278
This looks just like another to sucker in the public that has no knowledge of this company.  Too bad false advertising isn't illegal internationally.  They are just marketing themselves to other countries that are trying to find solutions for their problems.  

KAISER PERMANENTE VENTURES 
A Dual Purpose Funding Venture - I have to wonder if this also is part of the Permanente deferred compensation agreement and is also tax free. 
Kaiser Permanente Ventures is the corporate venturing arm of Kaiser Permanente and leverages Kaiser's resources and health care experience to selectively invest in entrepreneurial companies. 
Kaiser Ventures at the Carlyle Group

AUXILIARY OF SOUTHERN CALIFORNIA PERMANENTE - INLAND COUNTIES 
I haven't the slightest idea what this one does though it is based out of Claremont, California. 

THE PERMANENTE FOUNDATION 
This is a group of trusts set up for the doctors.  In general it is the current Kaiser Permanente Foundation Health Plan and The Permanente Medical Group. 

THE PERMANENTE MEDICAL GROUP, INC. 
The doctors medical group that run the Hospital.

GuideStar - The National Database for Non Profit Organizations - Information on Kaiser Permanente
Kaiser Year 2000 Form 990
Kaiser of the Pacific North West listing with State of Oregon for Charitable Institution
Kaiser Permanente and their Special IRS Treatment
Kaiser Companies listed as Charitable Trusts
Colorado Real Property Holdings
Federal obligations for science and engineering research and development and R&D plant
State of Oregon's Report of Financial Investigation of Kaiser Foundation Health Plan of the Northwest
Colorado Division of Insurance Examination of Kaiser Permanente
Kaiser Permanente Recorded Documents in Placer County, California
CorporationKAISER FOUNDATION ADDED CHOICE HEALTH PLAN, INC
CorporationKAISER FOUNDATION HEALTH PLAN, INC.
Corporation KAISER FOUNDATION HOSPITALS
CorporationKAISER HOSPITAL ASSET MANAGEMENT, INC.
CorporationKAISER HOSPITAL ASSISTANCE CORPORATION
CorporationKAISER PERMANENTE - ASIAN PACIFIC AMERICAN NETWORK
CorporationKAISER PERMANENTE AFRICAN AMERICAN ASSOCIATION
CorporationKAISER PERMANENTE INSURANCE COMPANY
CorporationKAISER PERMANENTE INTERNATIONAL
CorporationKAISER PERMANENTE PACIFIC CREDIT UNION
CorporationKAISER PROPERTIES SERVICES, INC.
CorporationKAISER-PERMANENTE ADVISORY SERVICES
CorporationKAISER-PERMANENTE HEALTH PLAN
   

Back to kaiserpapers.com/businesspractices 

To The Kaiser Papers