Risant Health Finalizes Second Acquisition of Cone Health, Expanding Network and Investment Commitment

Risant Health has successfully completed the acquisition of Cone Health, marking its second addition to the nonprofit health system's growing network following its acquisition of Geisinger[1][2]. This strategic move is part of a broader plan by Kaiser Permanente-backed Risant Health to unite regional health systems under a tech-supported, value-based care platform designed to enhance care outcomes and reduce costs[2]. As part of the acquisition, Risant Health committed to investing a minimum of $1.4 billion into Cone Health over the next five years, with an additional potential of $300 million to support its long-term growth[1][2]. Despite the changes, Cone Health will retain its brand, existing board, and leadership, ensuring continuity for the community it serves[1].