Kaiser Permanente To Launch Risant Health Value-Based Care Platform, With Geisinger As First Acquisition

Kaiser Permanente (Kaiser) is launching a new multisystem value-based care platform called Risant Health, and its first member will be Geisinger Health (Geisinger). On April 26, 2023, the two organizations announced a definitive agreement for the acquisition. Financial terms were not disclosed, and the agreement is subject to state and federal regulatory review.

In its quarterly financial statement released May 15, 2023, for the first quarter of 2023 (ended March 31, 2023), Kaiser noted the following funding details for Risant. Kaiser Foundation Hospitals is providing at least $400 million and up to $5 billion over five years to support . . .