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Risant Health finalizes acquisition of Cone Health, adding second health system

PRIVATEDec 03, 2024

Acquiring Company

Risant Health

Acquired Company

Cone Health

WashingtonGreensboroHealth CareHealth CareMedicalNon Profit

Description

Risant Health has successfully completed its transaction with Cone Health, marking the addition of a second nonprofit health system to its organization within nine months. This strategic move aligns with Risant Health's mission to improve healthcare access and provide value-based care to the community.

Quick answer

Risant Health is acquiring Cone Health, announced December 3, 2024. Risant Health is based in Washington, District Of Columbia, United States.

How much did Risant Health pay for Cone Health?
The deal value was not disclosed.
What does Risant Health do?
Risant Health is a nonprofit organization headquartered in Washington, D.C., with a transformative vision to improve the health of millions of people by increasing access to value-based care and coverage.
Where are Risant Health and Cone Health based?
Risant Health is based in Washington, District Of Columbia, United States. Cone Health is based in Greensboro, North Carolina, United States.
Who are the decision-makers at Risant Health?
Fundz holds 1 contact at Risant Health. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Risant Health

Location

Washington, District Of Columbia, United States

About

Risant Health is a nonprofit organization headquartered in Washington, D.C., with a transformative vision to improve the health of millions of people by increasing access to value-based care and coverage. Risant Health is dedicated to bringing together like-minded, nonprofit community-based health systems from across the country in order to deliver better health outcomes through value-based care approaches. Risant Health's value-based platform will support its health systems with a set of technology, services, and capabilities designed to deliver superior health outcomes and a lower total cost of care in diverse business models. Risant Health was created by Kaiser Foundation Hospitals in 2023.

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Frequently asked

Who acquired Cone Health?

Cone Health was acquired by Risant Health, based in Washington. The deal was reported on December 3, 2024. Risant Health is a nonprofit organization headquartered in Washington, D.C., with a transformative vision to improve the health of millions of people by increasing access to value-based care and coverage. Risant Health is privately held and operates in Health Care.

When did Risant Health acquire Cone Health?

Risant Health's acquisition of Cone Health was reported on December 3, 2024. Risant Health has successfully completed its transaction with Cone Health, marking the addition of a second nonprofit health system to its organization within nine months. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cone Health do?

It is privately held, operating in Health Care, and is based in Greensboro.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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