MedCity News April 26, 2023
Katie Adams

Kaiser Permanente announced that it expects to acquire Pennsylvania-based Geisinger Health. Kaiser’s move is part of a larger plan — Geisinger will be the first health system to join Risant Health, a new company Kaiser launched to operate nonprofit health systems under value-based care models. Kaiser said it expects to invest $5 billion in Risant and fold five or six health systems into the company over the next five years.

Kaiser Permanente announced one of the biggest mergers in recent hospital M&A history on Wednesday. The California-based integrated health system, which owns 39 hospitals, said it plans to acquire Pennsylvania-based Geisinger Health. The financial terms of the deal were not disclosed.

Geisinger comprises 10 hospitals, as well as a health...

Today's Sponsors

Upfront Healthcare

Today's Sponsor


Topics: Health System / Hospital, Payment Models, Provider, Survey / Study, Trends, Value Based
Trinity Health reports $283.5M operating loss
Healthcare in 5 years: What is hard to imagine today but will be normal then?
How Hospitals Are Reducing Gun Violence, Protecting Patients and Staff
Look to Gen Z for blueprint on diversity, better health outcomes, Stanford Children's exec says
Closing the nursing workforce gap

Share This Article