Catholic Health Partners and Kaiser Permanente Ohio Announce Agreement
June 4—Cincinnati-based Catholic Health Partners (CHP)—the largest health system in Ohio—has agreed to acquire Kaiser Permanente Ohio, a highly-rated health plan serving the Northeast portion of the state.
In a statement released last week, Kaiser said it is choosing to transition its health plan and healthcare operations to CHP “after careful consideration of patient needs and the state’s changing healthcare environment.”
As part of the deal, CHP will acquire Kaiser Permanente Ohio's existing health plan but not Ohio Permanente Medical Group (OPMG), which has more than 200 physicians and allied health professionals providing care exclusively to more than 80,000 Kaiser Permanente Ohio members. CHP has agreed to work with OPMG physicians and other practitioners to create a new healthcare provider organization that would continue to provide health care to Kaiser Permanente Ohio members.
There are many steps that must be completed, including regulatory approval, before the deal becomes final. Most of these are expected to occur in the coming months.
Publication Date: Tuesday, June 04, 2013