Kaiser Permanente is acquiring 10-hospital Geisinger Health in a deal described as the first step toward a new multisystem value-based care organization, according to a Wednesday announcement. That new entity, called Risant Health, will be a nonprofit organization that operates “separately and distinctly from Kaiser Permanente’s core integrated care and coverage model,” the organizations said. “Upon regulatory approval, Geisinger becomes part of the new organization through acquisition,” the organizations wrote in the announcement. Of note, Kaiser said it intends to bolster Risant beyond Geisinger by acquiring additional “like-minded, nonprofit, value-oriented community-based health systems.”
Read the full article: Kaiser Permanente to Acquire Geisinger Health in Bid to Launch Multisystem VBC Platform //
Source: https://www.fiercehealthcare.com/providers/kaiser-permanente-acquire-geisinger-health-bid-launch-multi-system-vbc-platform