Risant Health Secures Second Acquisition with Cone Health, Expands Value-Based Network

Risant Health's strategic expansion continues with the acquisition of Cone Health, which marks its second significant acquisition since its inception, following the initial purchase of Geisinger in March[1]. This move is part of Risant Health's ambitious plan to integrate regional health systems into a comprehensive value-based network, aimed at optimizing healthcare delivery through enhanced access and reduced costs. The acquisition involves a significant financial commitment, with Risant pledging at least $1.4 billion for facility enhancements and integration of Cone Health into its network over the next five years, accompanied by an additional $300 million to support future growth[2]. Moreover, Kaiser Permanente has committed to investing $5 billion in Risant Health to facilitate these acquisitions, which are expected to generate substantial revenues and expand service capabilities[1].