Becker's Healthcare April 2, 2024
Washington, D.C.-based Risant Health, a nonprofit organization that is part of Oakland, Calif.-based Kaiser Permanente, completed the acquisition of its first health system, Danville, Pa.-based Geisinger, on March 31.
Here are seven things to know about Risant Health:
1. Kaiser Permanente announced the creation of Risant Health and the plans to acquire Geisinger in April 2023. Risant said it “aims to expand and accelerate the adoption of value-based care in “diverse, multipayer, multiprovider, community-based health system environments.”
2. Risant Health plans to acquire four or five more health systems and get to a total revenue of $30 billion to $35 billion over the next five years.
3. Jaewon Ryu, MD, is transitioning from the role of president...