Risant Health completed its acquisition of Cone Health, bringing the nonprofit health system under its umbrella following the acquisition of Geisinger back in March. Oakland, California-based Kaiser Permanente announced the formation of subsidiary Risant Health and its broader strategy to acquire health systems in April 2023. Kaiser said the deal to buy 10-hospital Geisinger Health was the first step on its ambitious plan to form a multisystem, multiregional value-based care organization. Cone Health is smaller than Geisinger but still fairly substantial within North Carolina’s Piedmont Triad metro area and the surrounding counties.
Read the full article: Kaiser Permanente-Backed Risant Health Closes Cone Health Acquisition, Adding 2nd Health System //
Source: https://www.fiercehealthcare.com/providers/kaiser-permanente-backed-risant-health-closes-cone-health-acquisition-adding-2nd-health