Astrana Health, Inc. acquired PRIME COMMUNITY CARE OF CENTRAL VALLEY, INC. for $10.3 million.
May 06, 2024
Share
Astrana Health, Inc. (NasdaqCM:ASTH) acquired PRIME COMMUNITY CARE OF CENTRAL VALLEY, INC for $10.3 million on March 29, 2024. Total consideration of the acquisition was approximately $10.3 million consisting of cash funded upon the close date and contingent considerations of $2.3 million. The contingent considerations will be settled in cash contingent upon PCCCV meeting certain metrics related to financial ratios and member months for the first and second measurement periods.
Astrana Health, Inc. (NasdaqCM:ASTH) completed the acquisition of PRIME COMMUNITY CARE OF CENTRAL VALLEY, INC on March 29, 2024.
Astrana Health, Inc. is a healthcare company. The Company provides care coordination services to each constituent of the healthcare delivery system, including patients, families, primary care physicians, specialists, acute care hospitals, alternative sites of inpatient care, physician groups, and health plans. The Company's Care Enablement segment is an integrated, end-to-end clinical and administrative platform, powered by its technology suite, which provides operational, clinical, financial, technology, management, and strategic services. Its Care Partners segment is focused on building and managing provider networks by partnering with provider partners for coordinated care delivery. Its Care Delivery segment is a data-driven care delivery organization focused on delivering accessible care to all patients. Its care delivery organization includes primary care, multi-specialty care, and ancillary care services.