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Kaiser Permanente Plans $13B Expansion in Baltimore Region
Kaiser Permanente plans a major expansion in the Baltimore market, as the health insurer triples the number of health care centers in the area and add tens of thousands of new patients in the next decade, the Baltimore Sun reported.
The Oakland, CA-based nonprofit said it would invest and spend a combined $13 billion by 2028 to increase the number of Kaiser centers in the Baltimore region to 15 from the current level of five. The goal is to expand coverage to an estimated 200,000 people from about 64,000 today.
A report conducted by the Sage Policy Group for Kaiser found that Kaiser’s expansion could more than triple its annual operating expenditures in the region to $1.8 billion by 2028. It also could add 19,000 jobs in the Baltimore region’s economy, bringing its overall employment impact to 26,000.
Pictured: A Kaiser Permanente facility in Halethorpe, MD.
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