Fierce Healthcare June 21, 2024
Kaiser Permanente’s Risant Health has named North Carolina’s Cone Health as the second acquisition target on its path toward a multisystem, multiregional value-based care entity.
Financial terms and a potential timeline of the deal announced Friday were not disclosed, though it still requires regulatory approvals and other customary closing conditions. The organization said they have signed a definitive agreement for the acquisition, and that Cone Health would continue to operate independently should the deal close.
The announcement comes about two and a half months after Kaiser and Risant closed the acquisition of its first health system partner, Pennsylvania-based Geisinger Health.
“Cone Health’s impressive work for decades in moving value-based care forward aligns so well with Risant Health’s vision for...
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