Kaiser Permanente’s Acquisition of Geisinger Could Reveal ‘Art of the Possible’

With Kaiser Permanente announcing its plans to acquire Geisinger Health, health industry leaders say they see intriguing potential, even if there are many questions that will only be answered with time.

Kaiser Permanente said last week it is forming a new organization, Risant Health, and plans to add regional and community health systems to that new entity. Assuming regulators approve the deal, Geisinger will be the first member of Risant Health, and Risant will look to add more hospital systems in the coming years. Kaiser Permanente said Risant Health will be operated separately from the system’s core business, reports Chief Healthcare Executive.

The leaders of Kaiser Permanente and Geisinger say they aim to accelerate the expansion of value-based care. The transaction is also another merger involving two well-known systems in different markets, since Kaiser Permanente is based in California and Geisginer is based in Pennsylvania. Read more.

Total
0
Shares
Related Posts
Read More

NJ Hospital Requires $1.8B Overhaul

Newark, N.J.-based University Hospital, the only public hospital in the state, has reported $157.1 million in operating losses for the fiscal year ending March 31, adding to the $152.1 million loss in the same period ending March 31, 2022.