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California senate passes bill targeting Kaiser Permanente

Posted at 9:27 AM, Aug 27, 2019
and last updated 2019-08-27 12:27:09-04

A new bill is heading to the governor's desk right now that would require hospital giant Kaiser Permanente to disclose more financial information.

The California Senate approved a bill that would require Kaiser Permanente to disclose revenue and profits for each hospital individually. Right now, Democratic Senator Richard Pan says the company lumps the numbers together into two categories for its hospitals in Northern and Southern California.

Kaiser Spokeswoman Hilary Costa said the hospital is not exempt from disclosure rules and is disappointed Pan chose "conflict over compromise."

Governor Newsom has 10 days to decide whether to sign the bill into law.