HealthLeaders Media June 25, 2024
The deal comes on the heels of the completed purchase of Geisinger Health.
KEY TAKEAWAYS
– Risant Health has signed a definitive agreement to acquire North Carolina-based Cone Health, adding to its value-based care network that includes Geisinger Health.
– Like Geisinger, Cone also operates a health plan and allows Risant to enter a new market, while being financially stable as it profited $197.6 million for fiscal 2023.
– Risant still has more systems to acquire to reach its intended goal of “four to five” purchases for its ambitious plan to transform value-based care.
Kaiser Permanente’s Risant Health will continue to build out its fleet of health systems with the addition of Cone Health.
In signing a definitive agreement to...