Industry · OK
Risant Health to Acquire Oklahoma's Integris Health System
Risant Health, a nonprofit health system holding company, has announced plans to acquire Integris Health, Oklahoma's largest health system. The deal is expected to give Integris access to additional capital and technology resources as the system, like many others nationally, faces rising operating expenses. Financial and timing details of the transaction were not specified in the announcement. The acquisition continues Risant's strategy of expanding its network of regional health systems.
Why it mattersConsolidation of Oklahoma's largest health system changes the ownership and negotiating leverage of a major provider that Medicaid managed care plans in the state depend on for network contracting.