Kaiser Permanente’s plans to acquire Geisinger Health have opened the door to new value-based opportunities. Specifically, the proposed acquisition has the potential to create an accelerated path to value-based care and lead to significant shared learning, according to Linda Finkel, chief executive officer of AVIA, a two-sided healthcare innovation network.
Last month, California-based Kaiser Permanente announced a definitive agreement to add Pennsylvania-based Geisinger Health to its new nonprofit organization, Risant Health. Geisinger would be the first health system to join Risant Health, which Kaiser Permanente created to expand value-based care through health system acquisitions.
Risant Health will be headquartered in Washington, DC, and Geisinger Health will maintain its name.
While large health system transactions have generated concerns from stakeholders and antitrust agencies in the past due to market overlap and potential adverse impacts on competition, this deal may not face the same hurdles.