Healthcare DIVE June 24, 2024
If the deal goes through, it will be Risant’s second acquisition after the nonprofit hospital venture was launched last year.
Dive Brief:
- Kaiser Permanente-owned Risant Health has signed a definitive agreement to acquire Greensboro, North Carolina-based Cone Health for an undisclosed sum.
- Cone said it would continue to operate its five-hospital health system and insurance arm independently should the deal close.
- The acquisition is the second of at least five planned buys for Risant, the fledgling nonprofit formed last year by Kaiser to acquire and operate nonprofit health systems. Risant completed its first system buy, of Pennsylvania-based Geisinger, in April.
Dive Insight:
Kaiser announced it would create Risant in April 2023 in a bid to increase access to...
Today's Sponsors
Today's Sponsor