GREENSBORO, N.C. (WGHP) — Cone Well being has been acquired by one other healthcare group, the corporate introduced on Friday.
Cone Well being has signed a “definitive settlement” with Risant Well being to develop into part of Risant. The deal is pending regulatory approvals.
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Risant Well being is a nonprofit, charitable group that was created by Kaiser Basis Hospitals.
“Cone Well being’s spectacular work for many years in transferring value-based care ahead aligns so properly with Risant Well being’s imaginative and prescient for the way forward for well being care. Their longstanding success and deep dedication to offering high-quality care to North Carolina communities make them a perfect match to develop into part of Risant Well being. We are going to work collectively to share our industry-leading experience and innovation to broaden entry to value-based care to extra individuals within the communities we serve,” stated Risant Well being CEO, Dr. Jaewon Ryu, JD.
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Cone Heath is among the bigger healthcare networks within the Piedmont Triad. It employs greater than 13,000 individuals and offers healthcare for greater than 200,000 sufferers within the Triad.
“Changing into a part of Risant Well being presents a novel alternative to form the way forward for well being care within the Triad, the state, and throughout the nation,” stated Cone Well being president and CEO, Dr. Mary Jo Cagle. “As a part of Risant Well being, Cone Well being will construct upon its lengthy observe file of success making evidence-based well being care extra accessible and reasonably priced for extra individuals. The individuals throughout the Triad might be among the many first to profit,” she stated.
Cone Well being’s branding will stay unchanged and its board, CEO and management crew will stay in place after the acquisition. It should proceed to function independently.
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