Cagle Interview: See What Cone’s CEO Says about Accepting Risant Acquisition Offer

The announcement of Cone Health being acquired by Risant Health — a startup nonprofit charitable group based out of Washington, D.C. — seemed to come out of the blue Friday. Cone’s executive management and board of trustees say, however, that the proposed transaction that’s projected to close by year’s end represents the culmination of nearly a year’s worth of due diligence. It also recognizes that the Greensboro not-for-profit healthcare system has reached a pivotal “tipping point” in its mission of improving the quality and equity of care within its market. The board and chief executive Dr. Mary Jo Cagle stress Cone has been in a position of wanting to — rather than needing to — find a healthcare partner.

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Source: https://insurancenewsnet.com/oarticle/cagle-interview-see-what-cones-ceo-says-about-accepting-risant-acquisition-offer

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