Chief Healthcare Executive December 4, 2024
The North Carolina hospital system is the second organization acquired by Risant. Earlier this year, Risant finalized the acquisition of Geisinger.
For the second time in less than a year, Risant Health has completed the acquisition of a hospital system.
A subsidiary of Kaiser Permanente, Risant Health finalized the deal to acquire Geisinger Health, the Pennsylvania system, in March.
And on Tuesday, Risant Health announced that it has completed the transaction to acquire Cone Health, based in Greensboro, North Carolina. The systems say the deal has secured all regulatory approvals and was closed on Dec. 1.
Cone Health operates four acute care hospitals, a behavioral health facility, a health plan, and an accountable care organization with nearly 200,000 patients. Risant...