Seven Things to Know About the Kaiser - Group Health Merger
Submitted By Clive Riddle, Created 12/09/2015 - 15:44
- Kaiser currently serves nearly 10.2 million members; Group Health currently serves nearly 590,000 members
- Kaiser's 2014 Operating Revenue was $56.4 billion; Group Health's 2014 Operating Revenue was $3.7 billion
- Kaiser's service area currently includes Colorado, Georgia, Hawaii, Mid-Atlantic States (VA, MD, DC), Northern California, Northwest (Oregon, Southern Washington), Southern California
- Group Health's service area currently includes All or parts of 20 counties in Washington and two counties in North Idaho
- Kaiser currently has 17,791 physicians and 177,445 employees; Group Health currently has 1,000 physicians and 6,900 employees
- Proceeds of this transaction — $1.8 billion — will fund creation of a new, not-for-profit community foundation
- Group Health physician staffing is provided by Group Health Permanente, P.C., which is already affiliated with Kaiser's Permanente Medical Groups through the Permanente Federation
Source: Group Health Cooperative to Join Kaiser Permanente: Fact Sheet
Source URL: http://share.kaiserpermanente.org/article/fact-sheet/