Geisinger Health System in Danville, Pa., has spun off intellectual capital into a new consulting and technology services company called xG Health Solutions.

Oak Investment Partners, a capital venture firm with holdings of $9 billion in more than 500 companies, has invested $40 million in xG Health Solutions. The company will provide consulting, population health management analytics, interpretation and reporting; and patient and population care management, health information technology optimization and third-party administration services.

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