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M&A notebook: Providers and platforms make big moves

Kaiser and Geisinger join to form Risant Health while eVisit acquires complementary digital engagement technology and Verisma merges with ScanSTAT.

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Cooper and Cape May Regional announce merger agreement

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A merger between Cape Regional Health System, owner of Cape May County’s only hospital, and Cooper University Health Care took a step forward with the announcement Tuesday that both sides have signed a “definitive agreement.” According to the Press of Atlantic city, the planned merger was announced in December. Together, the two hospitals will have a combined revenue of $2.2 billion. The annual revenue at the much larger Cooper system is already listed at $2 billion.

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