HealthLeaders Media June 25, 2024
Jay Asser

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...

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Topics: Health System / Hospital, Mergers & Acquisitions / JV, Payment Models, Provider, Trends, Value Based
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