Transforming the Future of HealthCare Together
Cone Health and Sentara Healthcare in Norfolk, Virginia, have announced plans to combine our organizations. This significant step furthers our commitment to being right here with you as your trusted health care provider, for both today
This merger combines the best of two nationally recognized, high-performing organizations. Together, we will offer a unique approach to value-based care that is focused on keeping people healthy and well while providing high-quality, accessible and affordable health care in more ways and in more places. We will create a bold future that improves care, sustains a flourishing organization, controls costs and serves as a national model.
Simply put, Cone Health and Sentara can do more together than either of us could do alone.
We approach this merger from a position of strength. Cone Health has been exploring potential partnerships for quite a while. Today, despite the challenges of the pandemic, Cone Health remains financially strong and that has allowed us to be selective in the partner we chose. Like us, Sentara is one of the top-performing, not-for-profit, mission-driven health systems in the U.S.
What this means for you:
- Currently, nothing changes. You can expect the same high level of care from the same doctors and staff at the same locations. We expect to finalize the merger by mid-2021, and it could take up to two years to integrate and combine our organizations.
- There will be a significant corporate presence in Greensboro as well as a new health insurance headquarters developed over time.
- We will remain a very strong corporate citizen.
- We expect to offer new professional opportunities for our people resulting from innovative approaches to care, while remaining an employer of choice.
- A significant capital investment will expand access to traditional and digital health programs and new facilities.
- Cone Health’s own funds will become available to enhance our existing foundations and create an additional locally headquartered foundation to meet health care needs in innovative new ways.
- We will offer a new, local approach to affordable health insurance.
- Together, we will address health disparities, improve wellness and build vibrant, thriving communities.
As always, thank you for your trust in us. At Cone Health, it is our privilege to remain right here with you on your health care journey — both now and for generations to come.