Group Health Cooperative

Group Health, the Seattle-based cooperative founded nearly 70 years ago, has announced it is being acquired by the much larger California-based Kaiser Permanente.

Group Health says nothing is likely to change right away for its employees or its 590,000 policyholders, as the transition is expected to take about a year. After that, Group Health would be operated as a new, eighth region of Kaiser Permanente.  

Group Health Cooperative says it lost money in August and needs to cut costs.  That will include some layoffs this year. 

It’s not a calamity, says CEO Scott Armstrong, but the trend could lead Group Health to finish the year in the red if it doesn't make changes.

(For the complete story, click the "listen" button above.)  

Be.Futureproof / Flickr

A new approach to prescription painkillers at Group Health Cooperative could become a model for other medical providers. 

Painkillers have become a national concern because they're addictive and there’s been an uptick in overdoses. The number of people who have long-term prescriptions for painkillers has doubled over the past decade.