Kaiser Permanente, Renown Health form joint venture

Kaiser Permanente and Renown Health signed an agreement to form a joint venture to operate a health plan and ambulatory care services in Nevada.

As part of the deal, Kaiser would acquire a majority stake in Renown’s insurance arm, Hometown Health, which has more than 73,000 members. Kaiser plans to start offering health plan coverage in northern Nevada as Kaiser Permanente Nevada with an open enrollment period late next year, according to a Wednesday news release.

Kaiser Permanente Nevada would also open ambulatory sites with Renown in the Reno, Nevada, area.

The deal is expected to close in early 2026, pending regulatory approval.

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