Risant Health, Inc. is a private, nonprofit organization in Washington, D.C., it was created by Kaiser Permanente.
History On April 26, 2023, the subsidiary Risant Health was founded by Kaiser Permanente for the purpose of acquiring Geisinger Health System. It received a $5 billion investment from it parent company to build "a value-based technology platform, a suite of capabilities to improve how and where patients get their care." On April 2, 2024, it finalized the acquisition of Geisinger Health System, and will invest $2 billion in the hospital network. On June 21, 2024, Risant Health signed a definitive agreement to purchase Cone Health. On December 3, 2024, it finalized the acquisition of Cone Health, and will invest $1 billion in the hospital network.
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