Kaiser Permanente acquires Geisinger to expand value-based care access.

Kaiser Permanente has agreed to acquire Geisinger, creating a new national not-for-profit system that encompasses health insurance, hospitals, and medical groups. The deal marks the biggest proposed healthcare acquisition in recent memory and will be the biggest test yet to see if state and federal antitrust enforcers buy the argument that cross-market hospital and insurance deals won’t hurt consumers and won’t thwart competition.