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Risant Health completes acquisition of Geisinger

By WILK News,

2024-04-03
https://img.particlenews.com/image.php?url=11rIG5_0sEGlgtg00
The entrance to Geisinger Medical Center in Danville. Photo credit Photo by Paul Weaver / SOPA Images/Sipa USA

The nonprofit Risant Health completed its acquisition of Danville-based Geisinger Health, closing a transaction Geisinger and the California health care giant Kaiser Permanente announced last April. The acquisition officially makes the local health system the first to join Risant, a nonprofit created by Kaiser Foundation Hospitals to expand access to what's known as value-based care in more communities across the country. Terms of the transaction have not been disclosed. Geisinger will maintain its name and mission, continue accepting patients covered by other health plans and continue offering its members a broad network of care providers.

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