Cone Health Overview
- Year Founded
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1953
- Status
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Acquired/Merged
- Employees
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13,000
- Latest Deal Type
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M&A
- Financing Rounds
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2
- Investments
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13
Cone Health General Information
Description
Provider of not-for-profit healthcare network services intended to serve people in Alamance, Forsyth, Guilford, Randolph, Rockingham, and surrounding counties. The company is an integrated not-for-profit independent foundation that serves the community by providing a full range of health care services including bariatrics, behavioral health, cancer care, orthopedics, neurosciences, virtual care, primary care, women's services, and rehabilitation services to its customers.
Contact Information
Website
www.conehealth.com(Operating Subsidiary)
Corporate Office
- 1200 North Elm Street
- Greensboro, NC 27401-1020
- United States
Corporate Office
- 1200 North Elm Street
- Greensboro, NC 27401-1020
- United States
Cone Health Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Cone Health Comparisons
Industry
Financing
Details
Cone Health Competitors (22)
One of Cone Health’s 22 competitors is Novant Health, a Corporation company based in Winston-Salem, NC.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Novant Health | Corporation | Winston-Salem, NC | ||||
| Carilion Clinic | Corporation | Roanoke, VA | ||||
| AdventHealth | Failed Transaction (M&A) | Altamonte Springs, FL | ||||
| Inova Health System | Corporation | Fairfax, VA | ||||
| Mayo Clinic | Corporation | Rochester, MN |
Cone Health Signals
Cone Health Investments & Acquisitions (13)
Cone Health’s most recent deal was a Secondary Transaction - Private with HealthTeam Advantage. The deal was made on 15-Apr-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| HealthTeam Advantage | 15-Apr-2025 | Secondary Transaction - Private | Life and Health Insurance | ||
| Rad AI | 21-Jan-2025 | Later Stage VC | Enterprise Systems (Healthcare) | ||
| Centivo | 24-Sep-2024 | Later Stage VC | Managed Care | ||
| Cone Health (Medical Office Building) | 22-Aug-2024 | Corporate Asset Purchase | Buildings and Property | ||
| Medicom | 12-Jul-2024 | Later Stage VC | Medical Records Systems |
Cone Health Exits (2)
Cone Health’s most recent exit was on 25-Oct-2021 from Xealth. The exit was categorized as with 15 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Xealth | 25-Oct-2021 | Completed |
|
||
| WellSmith | 05-Oct-2017 | Seed Round | Completed |
Cone Health Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| HealthTeam Advantage | High Point, NC | 2016 | |
| Moses Cone-Wesley Long Community Health Foundation | Greensboro, NC | 1997 |
Cone Health FAQs
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When was Cone Health founded?
Cone Health was founded in 1953.
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Where is Cone Health headquartered?
Cone Health is headquartered in Greensboro, NC.
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What is the size of Cone Health?
Cone Health has 13,000 total employees.
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What industry is Cone Health in?
Cone Health’s primary industry is Hospitals/Inpatient Services.
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Is Cone Health a private or public company?
Cone Health is a Private company.
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What is Cone Health’s current revenue?
The current revenue for Cone Health is .
-
Who are Cone Health’s competitors?
Novant Health, Carilion Clinic, AdventHealth, Inova Health System, and Mayo Clinic are some of the 22 competitors of Cone Health.
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When was Cone Health acquired?
Cone Health was acquired on 03-Dec-2024.
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Who acquired Cone Health?
Cone Health was acquired by Risant Health.
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