Astrana Health, Inc. announced the completion of its acquisition of Collaborative Health Systems (CHS) on October 7, 2024. CHS is a management services organization that serves over 129,000 beneficiaries across 17 states. This acquisition is expected to accelerate Astrana's goal of empowering providers and elevating the healthcare experience for patients nationwide.
President and CEO Brandon Sim stated that combining Astrana's technology platform and care model with CHS's provider base and payer partnerships will enhance care delivery. The company plans to provide an updated financial outlook during its third quarter 2024 earnings call to incorporate CHS's financial contribution.
This strategic move expands Astrana's footprint and membership base, reinforcing its position as a provider-centric, technology-powered healthcare company. The integration of CHS is anticipated to drive further growth in value-based care arrangements.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.