Kaiser Permanente Is Acquiring Geisinger Health, Betting Big On Value-Based Care

Earlier today, two of the country’s most prominent health systems, Kaiser Permanente and Geisinger Health, announced a landmark initiative to promote better health outcomes and increase access to affordable care. Kaiser Foundation Hospitals has created a new non-profit named Risant Health, which will acquire Geisinger Health as the inaugural organization (pending regulatory approval). The goal behind this initiative will be to promote and expand access to value-based care (VBC) throughout the country.

As the press release explains, though Geisinger is the first, many other systems could potentially benefit from this initiative: “Health systems that become part of Risant Health will continue to operate as regional or community-based health systems serving and meeting the needs of their communities, providers and health plans while gaining expertise, resources, and support through Risant Health’s value-based platform. Risant Health will operate separately and distinctly from Kaiser Permanente’s core integrated care and coverage model while building upon Kaiser Permanente’s 80 years of expertise in value-based care.”