Industry Bulletins | April 24, 2024
Risant Health Completes Acquisition Of Geisinger Health System
Risant Health, a Washington, D.C.-based non-profit formed in 2023 by Kaiser Foundation Hospitals, acquired Pennsylvania-based Geisinger. The transaction closed March 31, 2024. Geisinger includes a non-profit system with 134 care sites - including 10 hospital campuses, as well as Geisinger Health Plan, with 600,000 members in commercial and government plans.
Geisinger President and CEO Jaewon Ryu is now the CEO of Risant Health, leading the combined organization. Together, the organizations aim to create a new value-based care platform that includes best practices, tools, technology and services to support leading . . .