U.S. Geisinger and Highmark Health form $100 mln joint venture

03/14/2019 2:51:00 PM (GMT)

U.S. healthcare system company Geisinger Health System and peer Highmark Health have created a joint venture (JV) to advance services in north-central Pennsylvania.

Geisinger and Highmark said that they will invest over $100 million in the new joint venture.

The new JV will create new healthcare facilities in four counties and work with independent physicians as well as implement value-based care models.

A healthplex in Muncy Township, one of the new facilities, will include a full-service emergency department, oncology, surgery and primary care services.

Geisinger Health System

All success stories are prepared by Investsize editors which is selecting elite and remarkable information from press releases and anonymous news sources.There is no charge applied for any success stories which is published . Those published success stories are not investment advices and doesnt offer recommendations Alternate Text