RevCycle Intelligence June 24, 2024
Jacqueline LaPointe

The organizations signed a definitive agreement under which Cone Health will become part of Risant Health, a new value-based venture from Kaiser.

Greensboro, North Carolina-based Cone Health is set to become the second provider to join Risant Health, a new value-based care organization created by Kaiser Foundation Hospitals.

The health systems signed a definitive agreement, according to a June 21st announcement, under which Cone Health will become part of the new organization, pending regulatory approvals. Risant acquired Pennsylvania-based Geisinger earlier this year in the organization’s first deal to create a value-based system of providers across the country.

Risant is a nonprofit, charitable organization backed by Kaiser with the goal of joining “like-minded organizations” to “increase access to value-based care and...

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