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Kaiser Foundation Hospitals' new nonprofit Risant Health is acquiring Geisinger Health

Kaiser Foundation Hospitals' new nonprofit organization Risant Health is acquiring Geisinger Health as the first health system to join the organization. Upon regulatory approval, Geisinger will become part of the new organization through acquisition, according to Kaiser. The move was announced Wednesday by both the Kaiser Foundation Hospitals and Geisinger Health. The
Kaiser Foundation Hospital United States Bucknell University Jaewon Ryu Johnc Bravman Kaiser Permanente

Kaiser, Mass General Brigham operating losses driven in large part by labor expenses

Two of the nation's largest integrated health systems have reported financial losses, driven by labor shortages and increases in expenses and capacity. Kaiser Permanente reported an operating loss of $1.3 billion for 2022 compared to operating income of $611 million in 2021. The financial results reflect an increase in healthcare expenses driven by inflation, high COVID-19
United States Kathy Lancaster Niyum Gandhi Kaiser Permanente Grega Adams Kaufman Hall

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