What it’s essential know:

– Astrana Well being, a number one technology-driven healthcare firm, acquires Collaborative Well being Techniques (CHS), a managed care providers firm serving greater than 129,000 plan members in 17 states.

– This strategic transfer will considerably broaden Astrana’s healthcare supply capabilities and strengthen its place as a key participant within the value-based care market.

Increasing the geographic footprint and bettering healthcare supply

CHS brings a robust community of suppliers, together with greater than 350 main care physicians, primarily concentrated in key markets equivalent to Connecticut, Georgia, Maryland, New Mexico, Virginia and Texas. This acquisition allows Astrana to broaden its attain and deepen its penetration in these areas.

By combining CHS’ supplier footprint with Astrana’s technology-driven care platform, the corporate goals to ship improved care coordination, higher affected person outcomes and elevated operational effectivity. Astrana’s platform, which incorporates instruments for value-based contracting, care administration and inhabitants well being analytics, can be instrumental in enabling CHS suppliers to ship high-quality care.

The transaction is anticipated to shut by the tip of this 12 months, topic to customary regulatory approvals. As soon as accomplished, Astrana will present an up to date monetary outlook for the mixed enterprise. Monetary phrases of the acquisition weren’t disclosed.

“With this acquisition, we imagine Astrana can be even higher positioned to ship accessible, high-quality, and worthwhile care to extra sufferers throughout the nation,” mentioned Astrana Well being President and CEO Brandon Sim. “CHS has constructed a scaled and impactful value-based care ecosystem in markets spanning the South and East Coasts. We imagine combining Astrana’s sturdy expertise platform and care supply mannequin with CHS’ robust supplier base and deep payer partnerships will speed up our aim of organizing and empowering suppliers whereas bettering the healthcare expertise for sufferers throughout the nation.”