Kaiser Permanente and Renown Health completed a joint venture in early 2026 where Kaiser acquired a majority stake in Renown's insurance division, Hometown Health, to officially launch Kaiser Permanente Nevada in northern Nevada. This partnership expands affordable value-based healthcare options, transitions Hometown Health operations, and opens new multi-specialty regional offices.
Structure of the Joint Venture
- ›Ownership: Co-owned by Kaiser Permanente and Renown Health, with Kaiser holding a majority interest in Hometown Health.
- ›Rebranding: Hometown Health operations and health plans transition to operate under the name Kaiser Permanente Nevada.
- ›Independent Renown: Renown Health remains an independent, locally governed, not-for-profit health system.
Care and Member Impact
- ›Member Continuity: No immediate changes occurred to existing patient benefits, coverage terms, or current care teams upon closing.
- ›New Facilities: New localized multi-specialty outpatient and ambulatory care offices have opened in the Reno-Sparks area.
- ›Value-Based Care: Combines Kaiser’s national care model with Renown's regional hospital and urgent care network to lower costs and improve patient outcomes.