With Kaiser Permanente and Geisinger’s new nonprofit venture taking shape, former executives are mapping out Risant Health’s potential growth strategy. Kaiser Foundation Hospitals—an arm of the integrated, closed-loop network of hospitals, physicians and health plan based in Oakland, California—and Geisinger signed a definitive agreement in April to form Risant Health, which would acquire Geisinger. Risant plans to add up to six more health systems across the country over the next five years, leading former Kaiser executives and industry observers to turn their attention to other possible acquisition targets. While Geisinger and the other health systems that may join the new organization would operate independently, Kaiser plans to invest up to $5 billion in Risant.
Read the full article: How Kaiser’s National Expansion Plan May Take Shape //
Source: https://www.modernhealthcare.com/mergers-acquisitions/kaiser-permanente-expansion-geisinger-risant-health