ALHAMBRA, Calif., April 2,
2024 /PRNewswire/ -- Astrana Health, Inc. ("Astrana,"
and together with its subsidiaries and affiliated entities, the
"Company") (NASDAQ: ASTH), a leading provider-centric,
technology-powered healthcare company enabling providers to deliver
accessible, high-quality, and high-value care to all, today
announced it has completed the acquisition relating to Community
Family Care Medical Group on March 31,
2024 by closing both the second closing under the Asset and
Equity Purchase Agreement and the closing under the Stock Purchase
Agreement, which includes the CFC Health Plan ("HP") and
CFC's management services organization ("MSO") entities.
Brandon Sim, President and CEO of
Astrana Health, stated, "The completion of the CFC acquisition
allows us to take greater responsibility for the outcomes of the
patients that we serve and better manage and coordinate a person's
whole health. I believe that our newly strengthened partnership
will be extremely beneficial to the populations we serve, and I
look forward to being able to further demonstrate our deep
commitment to delivering accessible, high-quality, and high-value
healthcare to local communities across Los Angeles."
Additional details regarding Astrana's acquisition of CFC can be
found on the Company's Investor Relations website.
About Astrana Health, Inc.
Astrana is a leading
provider-centric, technology-powered healthcare company enabling
providers to deliver accessible, high-quality, and high-value care
to all. Leveraging its proprietary end-to-end technology solutions,
Astrana operates an integrated healthcare delivery platform that
enables providers to successfully participate in value-based care
arrangements, thus empowering them to deliver high quality care to
patients in a cost-effective manner.
Headquartered in Alhambra,
California, Astrana serves over 10,000 providers and 900,000
Americans in value-based care arrangements. Its subsidiaries and
affiliates include management services organizations (MSOs),
affiliated independent practice associations (IPAs), accountable
care organizations (ACOs), and care delivery entities across
primary, multi-specialty, and ancillary care. For more information,
please visit www.astranahealth.com.
FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations
(626) 943-6491
investors@astranahealth.com
Asher Dewhurst, ICR Westwicke
investors@astranahealth.com
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SOURCE Astrana Health, Inc.