Kaiser Permanente, the California healthcare provider and insurer, announced it will acquire Seattle-based Group Health Cooperative. The price of $1.8 billion will create a new community foundation in Washington state. Group Health covers approximately 590,000 members. It will become Kaiser’s eighth region, joining Colorado, Georgia, Hawaii, Mid-Atlantic states (Virginia, Maryland and the District of Columbia), Northern California, Northwest (Orgegon and southern Washington) and Southern California. If approved by regulators, Kaiser’s reach will cover the entire West Coast of the United States.
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