Kaiser Permanente's subsidiary, Risant Health, is working to expand the adoption of value-based care in the United States. They are in talks with potential acquisition targets to grow their presence in the healthcare industry. The goal is to create a network of regional health systems that can operate independently but utilize a technology-driven platform to improve patient outcomes and reduce costs.
As part of their plan to establish a multisystem, multiregional value-based care organization, Risant Health has recently acquired Cone Health and Geisinger Health. Cone Health will maintain its brand and leadership structure post-acquisition and will benefit from integration into Risant Health's framework. Risant Health plans to acquire five to six additional health systems in the future.
Previous efforts have shown potential to improve cost structures by 2% to 3%, with 60% of the reduction attributed to the value-based care platform. The remaining 40% is expected to come from shared services and enterprise efficiencies. By combining the strengths of various regional health systems, Risant Health aims to improve patient outcomes and reduce costs.
Risant Health aims to enhance value-based care by fostering collaboration among its member health systems while maintaining their operational independence. The value-based platform will integrate capabilities and services from Kaiser Permanente, Risant Health, Geisinger, and Cone Health. Geisinger will be the first to receive this platform, with a broader rollout planned across the network.
Kaiser Permanente has committed a minimum of $1 billion in capital over the next five years to support investments in facilities, health equity, and other critical projects. Risant Health's investments represent a commitment to advancing health equity and improving community health.
The collaboration between Risant Health and Cone Health is expected to yield substantial benefits for patients, providers, and the healthcare system as a whole. The acquisition of Cone Health is significant for healthcare in North Carolina and beyond, as it will accelerate the delivery of high-quality care and enhance access for vulnerable populations.
Kaiser Permanente and Risant Health are positioning themselves at the forefront of the evolving healthcare landscape. The goal is to achieve total revenue between $30 billion and $35 billion, with a focus on providing health systems with the necessary resources and tools to succeed.