Company Profile
Geisinger
Company Overview
GEISINGER MEDICAL CENTER: (GMC),located Danville, Pa., the largest tertiary/quaternary care teaching hospital in the region, is licensed for 475 beds, including 89 pediatric beds in the Janet Weis Children’s Hospital. GMC, a Magnet Hospital, maintains the region’s only Level 1 Regional Resource Trauma Center with additional qualifications in pediatrics. GMC offers an array of highly specialized medical and surgical services, including neurosciences, cardiovascular services, transplantation, women’s health (in the Women’s Pavilion), oncology and orthopaedics. The Hospital for Advanced Medicine serves as an integrated center for the most critical patients. Outpatient services are available on and off campus.
ABOUT GEISINGER: Geisinger is a physician-led health system comprised of approximately 30,000 employees, including nearly 1,600 employed physicians, 13 hospital campuses, two research centers, and a 583,000-member health plan Geisinger is nationally recognized for innovative practices and quality care. Geisinger serves more than 3 million people in central, south-central and northeast Pennsylvania and also in southern New Jersey with the addition of National Malcolm Baldridge Award recipient AtlantiCare, A member of Geisinger. In 2017, the Geisinger Commonwealth School of Medicine became the newest member of the Geisinger Family.
Company History
Geisinger is named after Abigail Geisinger, widow of iron magnate George Geisinger.
Its primary care facility is the Geisinger Medical Center (GMC) located in Danville, with three other hospitals; Geisinger Wyoming Valley (GWV) and Geisinger South Wilkes-Barre - both located in Wilkes-Barre, and Geisinger-Community Medical Center (GCMC) located in Scranton. Geisinger has clinics throughout northeastern and western Pennsylvania, located in Wilkes-Barre, Pittston, Mountaintop, Nanticoke, Wyoming, Scranton, Dallas, Plains, Kingston, and other surrounding cities and towns.
Geisinger Health Plan, a subsidiary Health Management Organization (HMO), was started in 1985.
On December 4, 2012 it was announced that Geisinger Health System and Lewistown Hospital had signed a non-binding letter of intent for a merger. Geisinger's Frank Trembulak said the non-binding letter refers to the specifics of how the merger will work and that there is a "binding agreement to merge".
Independent physicians have opposed a merger with Geisinger, stating that with the presence of a Geisinger clinic in Lewistown and with Geisinger offering health insurance, a monopoly might result from the merger, ultimately hurting instead of helping local healthcare. The full merger and integration of Geisinger-Lewistown Hospital into Geisinger Health System received final approval from the Pennsylvania Attorney General and the Pennsylvania Department of Health and the new Geisinger-Lewistown Hospital became effective on November 1, 2013.
From 2001 through mid 2015, Glenn Steele served as Geisinger’s president and chief executive officer. Steele left Geisinger in 2015, with David Feinberg joining as president and CEO. In December 2018, Jaewon Ryu was named interim president and CEO. Prior to the announcement, he previously served as the health system’s executive vice president and chief medical officer since 2016.
In order to "fix the primary care shortage facing the organisation", Geisinger announced in 2019 its Commonwealth School of Medicine will select 40 students and cover their full tuition plus a $2,000 monthly stipend. The students need to commit to work at Geisinger for four years after residency in primary care roles.