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Risant Health finalises acquisition of Cone Health

By Yahoo! Finance  
   December 04, 2024

Risant Health has completed its acquisition of Cone Health, marking the consolidation of two nonprofit health systems. The definitive agreement, signed in June 2024, received all necessary regulatory approvals, culminating in a finalized transaction with no purchase value and exchange of cash. Established in 1953, Cone Health will retain its name, brand, and mission, continuing its collaborative efforts with provider organisations and independent physicians. The organisation's existing governance and leadership, including its board, CEO, and medical staff, will remain intact. The integration into Risant Health is set to bolster Cone Health's commitment to value-based care. Risant Health's investments aim to enhance patient access to clinical programmes and health management technologies.

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