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Geisinger

All articles tagged with #geisinger

healthcare1 year ago

"Risant Health's Acquisition of Geisinger: A Done Deal"

Risant Health has completed its acquisition of Geisinger, marking the first health system dedicated to increasing access to value-based care and coverage. The organizations aim to create a new value-based care platform that includes best practices, tools, technology, and services to support leading community-based health systems. Geisinger will play an important role in shaping Risant Health's strategy, platform, and operational model, maintaining its name and mission while gaining access to capital, technology, and resources to fuel improvements in facilities and patient care. Risant Health expects to acquire 4 to 5 additional leading community-based health systems over the next 4 to 5 years, with a focus on delivering superior health outcomes and a lower total cost of care through diverse business models.

business2 years ago

Geisinger restructures IT department, lays off 47 employees.

Geisinger, a healthcare system based in Danville, has laid off 47 employees from its informational technology department as part of a restructuring effort to operate more efficiently due to financial challenges caused by high labor and supply costs. The health system has not provided any specific information on the layoffs. Geisinger has recently announced its agreement to join a new national system created by Kaiser Foundation Hospitals known as Risant Health.

healthcare2 years ago

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.