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Kaiser Permanente's subsidiary, Risant Health, has acquired Cone Health, enhancing its strategy to promote value-based care across regional health systems. This follows the earlier acquisition of Geisinger and aims to improve health outcomes while reducing costs through a tech-backed platform. Risant plans to invest up to $5 billion in its health systems, with Cone Health set to benefit from significant capital support and access to advanced care technologies.
Kaiser Permanente-backed Risant Health has successfully acquired Cone Health, marking the second health system to join Risant in under a year. This acquisition reflects Risant's ongoing expansion strategy in the healthcare sector.
Kaiser Permanente's CEO Greg Adams announced plans for Risant Health to acquire five to six community health systems, aiming to enhance value-based care and achieve $30-$35 billion in revenue. The initiative focuses on supporting financially sound organizations committed to quality outcomes while maintaining their operational independence. Adams emphasized the need for healthcare leaders to embrace innovation and adapt to changing consumer expectations post-COVID.
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kaiser permanente subsidiary risant health acquires cone health to enhance value based care
22:00 03.12.2024
Risant Health Acquires Cone Health Expanding Its Health System Network
20:02 02.12.2024
kaiser permanente expands value based care through risant health acquisitions
Geisinger Health
Cone Health
Kaiser Permanente Group Trust
USA
Henry Kaiser
Alexandra Drane
Greg Adams
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04:00 22.10.2024
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