now the foundation that honors the legacy of kaiser's bernard tyson. it's >>almost a year ago the bay area health community was jolted by the sudden death at the age of 60 of bernard tyson. he was the first african-american ceo of kaiser permanente since then the foundation set up in his name has worked to preserve and continue his efforts to reform health care and make it accessible for all and now that foundation is giving 1 million dollars in grants to 7 bay area organizations aimed at doing just that. >>but nara tyson was known as a champion for equity in health care whether in washington dc your here at home in the bay area passing at age 60 so young in his drive to make health care better for all. >>efforts cut short by a heart attack. now the been rj tyson impact fund under the umbrella of the american heart association is giving out 1 million dollars for community let solutions aimed at the social factors that affect people's health. one beneficiary is nam's northeast medical services in san francisco which helps low income asian immigrant comm

links is good i'm happy to welcome bernard tyson the chief executive officer for kaiser permanente to make this announcement second reason i want to kind of put this in context a few weeks ago the council released a report that confirms what i think we've been seeing for quite some time the health care industry in san francisco is the number one employment and economic quack industry in all our industrial settings over $23 billion impact in our local economy and certainly a great employer of thousands of people many are standing beside me and around me i want to welcome our director of public health department barbara and supervisor london breed as well as our director of our san francisco foundation for a black well here as well so the health care industry a big driver of the economy lots of jobs but ultimately it is also and, of course, i want to welcome in our supervisor cohen who i just saw come on up supervisor in addition to jobs i know there's a great reason why there's at least 5 major hospitals under construction today in san francisco we care about health not just the hospit

tyson. bernard and i started kaiser permanente in san francisco in the late 80s. and watching the trajectory of his career, i watched and admired him, just watched in awe. he embodied the missions of kaiser permanente, bringing our mission statement to life. it was his contribution to communities in local, regional, as well as national arenas. most of all, i was really so impressed and in awe that he was not afraid to use his platform to address difficult issues that a health care organization would not address, such as homelessness, health disparities, and socially taboo topics just as racial profiling. i had such respect for his remarkable candor. kaiser permanente has a strong history of bringing people of diverse backgrounds together. we honor black history month by recognizing african americans and their contributions to our medical center, the history of our organization, and certainly to our country. kaiser honors the strength of our struggles for equality in this country to date. kaiser permanente is unique in that we are an integrated health care system.

tyson. the public memorial was held at the chase center yesterd. tyn died unexpectedly just over a week ago at the age of 60. he was born and raised in vallejo then his career at kaiser permanente spanned more than 3 decas serving in a number of leadrship roles the san ancisco mayor london breed texas. some of her memories of >>it is a devastating loss of such an incredible figure in our lives. and it would be easy to simply mourned the lo and the void that he left. larger than onlitime and our commitment to that vision st be large or 2. >>the priva family service will be held today and listen to this kaiser pmanent annound that a new medical scho will be named after bernard tyson in his honor. >>it's 5.42 and as we head to thbreak, let's take a peek san francisco's airport looks prettyclear actually which is good news plans seem to be roll in. i would always call ahead no because have aapp for that the right back. the van gogh. to harrison, the wine collecon. tograce, you get thee chair. be

bernard tyson passed away in his sleep. he was 60 years old. he served as c.e.o. since 2013 and assumed the role of chairman in 2014. he was the company's first black c.e.o. was and the championship for accessible healthcare, and work place diversity. gavin newsom -- paving the way for countless professionals of color to pursue leadership roles in healthcare in corporate america. mayor london breed added: a civic leader who cared deeply about the issues affecting our community, especially homelessness. the kaiser board has named gregory adams as interim chairman and c.e.o. effective immediately. >>> it's been decided this weekend progressive candidate chesa boudin was officially declared the winner. devin fehely on why a high level support of the other candidate in the race may have backfired. >> reporter: her hand picked candidate for district attorney faltered at the polls. the poll and the limits of a di everything she could to cat pult suzy loftus into the district attorney's office. she even appointed to into the job on an interim basis. but it just wasn't en

bernard tyson was known as a champion for equity in health care whether in washington dc your here at home in the bay area passing at age 60 so young and his drive to make health care better for all. >>efforts cut short by a heart attack. now the been rj tyson impact fund under the umbrella of the american heart association is giving out 1 million dollars for community let solutions aimed at the social factors that affect people's health. one beneficiary is nam's northeast medical services in san francisco which helps low income asian immigrant communities in particular need now because of covid-19 we adopted the approach of doing drive-thru in la cruz sites april or march about more than 50% of the deaths related to covid were not asians. >>and there wasn't really much with that data to explain. >>why that was has conducted more than 3,000 covid test through its drive-thru sites but realize that hundreds more people were falling through the cracks not getting the message nor the medical care they needed about the coronavirus they were hindered by the very barriers to health care that

bernard tyson was known as a champion for equity in health care whether in washington dc your here at home in the bay area passing at age 60 so young in his drive to make health care better for all. >>efforts cut short by a heart attack. now the been rj tyson impact fund under the umbrella of the american heart association is giving out 1 million dollars for community let solutions aimed at the social factors that affect people's health. one beneficiary is nam's northeast medical services in san francisco which helps low income asian immigrant communities in particular need now because of covid-19 we adopted the approach of doing drive-thru in la cruz sites april or march about more than 50% of the deaths related to covid were not asians. >>and there wasn't really much detail, i'm with that data to explain. >>why that was has conducted more than 3,000 covid test through its drive-thru sites but realize that hundreds more people were falling through the cracks not getting the message nor the medical care they needed about the coronavirus they were hindered by the very barriers to healt

the ceo of kaiser bernard tyson says that bed is a state of the art bed. it cost about $10,000 but he loved giving that to him because he is an incredible man. i enjoyed meeting him too. >> it makes such a difference. >>> we will talk about a new study i we both are interested in. why you may think twice before eating bacon or processed meat with your breakfast this morning. bacon and other processed meats could be linked to cancer. >> unsettling discovery that could be linked to what is in hot dogs. >> right now we have a commute that doesn't look all that great either. san mateo bridge getting very heavy out to the foggy peninsula and also looking at some of the other bridges. >> a lot of fog. that is the big story. thick fog thousands morning. she was falling farther homeworand farther behind.ttle. we thought if we pushed harder.... but pushing harder didn't work.. sylvan worked. sylvan worked. sylvan worked. at sylvan, our certified teachers use personalized programs to help motivate students achieve their personal best. the results aren't just in her

tyson, thank you. >> thank you >>> when we come back, a lot more on the battle for control at cbs and why the pope is taking aim at wall street. markets remain mixed dow is up 8. "squawk alley" is next welcome to holiday inn! thank you! ♪ ♪ wait, i have something for you! every stay is a special stay at holiday inn. save up to 15% when you book early at hollidayinn.com save up to 15% when you book early with tripadvisor, finding your perfect hotel at the lowest price... is as easy as dates, deals, done! simply enter your destination and dates... and see all the hotels for your stay! tripadvisor searches over 200 booking sites... to show you the lowest prices... so you can get the best deal on the right hotel for you. dates, deals, done! tripadvisor. visit tripadvisor.com >>> good morning it is 11:00 a.m. uptown at the moment where the cbs shareholder meeting was supposed to take place today, 11:00 a.m. on wall street and "squawk alley" is live ♪ say no no no no no just say yeah yeah yeah yeah yeah and we'll go go go go go if you're ready like i'm ready cause it's a beautiful nig

joining us is bernard tyson. the chairman and ceo. it's great to see you. >> great to see you. >> let's start first talking about this medical school. it's not the first of its kind but it's very important. we heard a lot lately about how we may run out of physicians down the road in the united states. is that what prompted this? >> not totally. i mean, really we're motivated -- by the way, you're welcome to come to california. i think there are flights going to california. >> i'd be happy to do that. >> hopefully i'll be on one in the morning. >> we feel strongly that we're in a unique role to think about health and health care in the 21st century so we have done enough now taking care of now almost 11 million people to understand what is working with human touch and having strategies because of technology. how do you work in an environment where they play a critical role in leading and working and orchestrating how a person should be cared for. allows us to monitor people away from the historical construct of the industry where ever

kaiser officials announced bernard j. tyson had passed away in his sleep. he was 60 years old. tyson had served as ceo since 2013, assumed the role of chairman the next year, and after 30 years with the nonprofit health plan. the company's first black ceo, he was a champion for workplace diversity. just this weekend he spoke at the afro tech conference in oakland and postedsectures to ty adding thanks for the chance to speak about how to build a better future. in a statement, bernard dedicated his life to making healthcare more accessible for our communities. kaiser itself said on behalf of our board of directors, employees, and physicians, we extend our deepest sympathies to bernard's family during this difficult time. vice president gregory adams has been named interim chairman and ceo. meanwhile, there's word tonight that officials with the national healthcare union workers are holding a vote on whether to postpone a planned strike that would have impacted kaiser hospitals across the bay area out of respect for tyson, and we'll let you know what they did. >>> disturbing vide

a first on cnbc interview with ceo bernard tyson about the future of health care. the second hour of "squawk box" begins right now. >>> good morning. and welcome to "squawk box" on cnbc i'm joe kernen along with andrew ross sorkin. becky is off today. she'll be back tomorrow. we have results -- the set ment. >> the citigroup settlement, $7 billion. that's official. >> we're also expecting some results, as well. attorney general holder in calling a mortgage conduct egregious said citigroup knew about, concealed serious and widespread defects in its precrisis mortgage business. the justice department and citi announcing a $7 billion settlement today, and we're seeing it right now. it will be a total of $4.5 billion in cash. and $2.5 in consumer relief as a result. it's going to take a second quarter charge of $3.8 billion pretax, pretax, and the cash portion consists of $4 billion civil monetary payment to the doj and the consumer relief it agrees to provide it by the end of 2018 which is actually the smaller part of -- now citigroup has resolved substantially all of

. >>> let's turn to bernard j. tyson, chair and ceo of kaiser permanente. who came forward this week to oppose the graham/cassidy bill. good morning, mr. tyson. >> good morning. >> you just heard the senators. they are not going to say this bill is going down. but it is on life support, if anything. you're ceo of a nonprofit health system that serves almost 12 million americans. where do we go from here? >> i think prior to this bill being proposed, there was a bipartisan committee looking at what it takes to stabilize the affordable care act. i actually testified before this group. i met with many of the senators. i believe they're on the right track to come up with few answers that will help to stabilize the current law. >> what is the single most important thing congress can do to stabilize obamacare? >> reach a consensus to stabilize and create a more competitive marketplace. one is the cost re -- sharing reduction the csc. you have probably heard a lot about. it needs to be funded. number two is to provide the state with additional flexibility while ma

[applause] >> please welcome chairman and ceo kaiser permanente bernard tyson ♪ ♪ ♪ >> hello. it's an honor and a privilege to be here and spend a few minutes with you. i would like to start missing on behalf of kaiser permanente what a privilege it is to be a part of working with many others to solve something in this world. also want to say to our guests who are not from the bay area, whether you're from outside california or outside of the united states, while you're in san francisco hopefully you will not need it, but should something happen, you are welcome at kaiser permanente. [laughing] so we are very clear as an organization that there's an intersection between the environment and total health. kaiser permanente is very much focused on what we call total health, mind, this -- the mind, the body and the spirit. we also there are circumstances that affects a person self, how you eat, how you sleep, how you manage stress. those are some examples. we also are aware how the environment directly affects a persons health. and that is the intersection in which kaiser permanen

[applause] >> please welcome the chairman and ceo kaiser permanente bernard j. tyson. ♪ >> it is an honor and a privilege to be here and spend a few minutes with you. i would like to start by saying on behalf of kaiser permanente was a privilege it is to be a part of working with many others to solve something in this world. i also want to say to the guests that are not from this area whether you work outside of california or the united states while you are in san francisco should something happen, you welcome kaiser permanente. [laughter] [applause] we are very clear of the organization that there is an intersection between the environment and kaiser permanente is very focused on what we call total health to mind, the body and the spirit. we also know there are circumstances that affect a person's health. how you eat, how you sleep, how you manage stress. those are some examples. we also are aware how the environment directly affects a person's health and that is the intersection of which kaiser permanente is involved. we believe that we can make a difference

. >> i'm bernard tyson -- [inaudible] kaiser permanente. we cover 11.7 million americans. we also are an integrated delivery system, so we provide both the coverage and the care. we have a med cool group that contracts -- medical group that contracts exclusively with kaiser foundation. >> thank you, rnard. >> i'm dan -- [inaible] i'm based in the philadelphia, independence blue cross, independence health group. weaver in 32 statements and the district of columbia. i'm a large medicaid managed care population. we do, we're the only player on the exchange in five-county philadelphia area and, again, i'd like to echo joe's point. we're thrilled with the initial steps to stabilize the market. we look forward to working with you, vice president pence, secretary price in making sure that we have a sustainable program for years to come, so thank you. >> well, thank you very much, dan. and the market, as you know, we talk about stabilizing the market, the market is disastrous. it's going to absolutely implode. it's why we're meeting today, and i think we're going to come up with s

. ♪ >> please welcome the chairman and ceo of kaiser permanente, ernard j tyson. ♪ bernard: hello. it is an honor and a privilege to be here and spend a few minutes with you. i would like to start by saying, on behalf of kaiser permanente, what a privilege it is to be a part of working with many others to sell something in this world. whont to say to our guests are not from the bay area, whether you are from outside california or outside the united states, while you are in san francisco, hopefully you will not needed, but should something happen, you are welcome at kaiser permanente. [laughter] we are very clear as an ananization that there is intersection between the environment and total health. kaiser permanente is focused on what we call total health, the mind, the body, the spirit. we also know that there are circumstances that affect a person's health. how you eat, how you sleep, how you manage stress. those are some examples. we also are aware of how the environment directly affects a person's health, and that is the intersection at which kaiser permanente is involved. we be

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bernard tyson is with us, the chairman and chief techtive officer of kaiser permanente, an integrated delivery system covering 10 million americans in many parts of the united states. and then finally, with us is allen spielman, assistant director of health care and insurance, federal employee insurance operations in the u.s. office of personnel management. so, welcome to all of you. before we go into our topic today, which is the outcome based or value based purchasing of pharmaceuticals we have been hearing about today. like to ask eave -- each of you to express -- the top opportunity and the top policy challenge you see in bringing to market the very drugs and treatments and cures and making those affordable and sustainable foremost americans, and getting the best treatment and. so dan, from the perspective of the nation res health insurance plans, give us your perspective. >> thank you, susan. i'd like to start by thinking secretary burwell and acting administrator slavic for inviting us to be a participant in this very important discussion. i spent four very enemy able years here