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Geisinger, St. Luke's ink health plan agreement

Danville, Pa.-based Geisinger Health System and Bethlehem, Pa.-based St. Luke's University Health Network signed a collaborative agreement to extend Geisinger health plans to almost 50 Pennsylvania counties.

The systems will share population and value-based payment model data and create a sponsored Medicare Advantage product to provide recipients access to services not covered under traditional Medicare and Medigap plans. In addition, more than 10,000 St. Luke's employees will be placed on Geisinger's health plan, effective Jan. 1.

"When you get to the heart of it, we are two organizations focused on taking the best care of patients and we're excited to partner with a healthcare system that aligns with our vision and values," said David Feinberg, MD, Geisinger president and CEO. "Geisinger is thrilled to expand the scope of our relationship with St. Luke's to advance population health, improve quality and provide better access to care."

St. Luke's CEO and president Richard Anderson said the agreement was over two years in the making, Leigh Valley Business reports.

More articles about hospital transactions and valuation issues:
42 hospital transactions and partnerships in August
Davis Health System, WVU Medicine team up to expand cancer, cardiac services
Adena Health System, National Church Residences explore partnership options


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