Becker's Healthcare August 28, 2024
Andrew Cass

Risant Health, a Washington, D.C., nonprofit formed under Oakland, Calif.-based Kaiser Permanente, signed a definitive agreement June 24 to acquire Greensboro, N.C.-based Cone Health.

Kaiser released more details on Washington, D.C.-based Risant’s proposed Cone Health acquisition in an Aug. 27 financial report. Here are three things to know:

  1. Risant will make a minimum of $1 billion available to Cone Health — inclusive of any Cone internally generated and Risant Health funds — through the fifth anniversary of the...

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Topics: Health System / Hospital, Mergers & Acquisitions / JV, Provider, Trends
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