Kaiser Permanente acquires Geisinger hospitals, creating new nonprofit system

• But it's an open question whether the Federal Trade Commission will challenge the deal, especially after regulators opted not to touch the huge Advocate Aurora Health-Atrium Health merger late last year.
• Terms of the deal weren't disclosed.
• Regional health systems like Geisinger will likely benefit from the brand recognition that a group like Kaiser offers, Nathan Ray, partner at West Monroe, told Axios.
• "I think Kaiser Permanente has rightly elevated and continues to elevate their brand, and this is an acceptance of that," he said.
• Kaiser does not now have a presence in Pennsylvania. Risant Health will add Geisinger as its first member.

The details: Risant Health is the new vehicle by which Kaiser plans to expand value-based care and develop a new platform that health systems can use including best practices, tools and technology.

• The Kaiser-Geisinger deal is expected to close in early 2024.