Saturday, December 12, 2015
Kaiser Permanente to Purchase Group Health Cooperative
With the recent signing of an agreement, Kaiser Permanente will acquire Seattle-based Group Health Cooperative. The press release said that the combination will advance the growth of the integrated model for health care and coverage together and expand Kaiser Permanente's reach, adding nearly 590,000 members. It also noted that by joining together, the companies expect to better meet the needs of individuals as well as large commercial and national accounts in Washington. Kaiser Permanente intends to invest in the facilities, technology, member experience and the Group Health Cooperative workforce. Read more.