Astrana Well being acquires CHS to increase healthcare supply choices
US healthcare firm Astrana Well being has accomplished the acquisition of Collaborative Well being Programs (CHS), a administration providers group, to increase its healthcare supply capabilities.
Previously a part of Centene, CHS served greater than 129,000 beneficiaries in 17 US states.
The group offered complete assist to its doctor companions by offering administration providers, threat contracts and inhabitants well being capabilities, together with actionable information and different instruments, to enhance care coordination and tackle gaps in care.
The transaction, which adopted customary regulatory approvals, was initially initiated with a definitive settlement in July 2024.
With this acquisition, Astrana Well being goals to increase each its personal experience and that of CHS within the discipline of payer-independent healthcare provision and to serve members from varied industries.
This transfer is predicted to enhance CHS suppliers' capacity to ship care to communities.
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Moreover, the enterprise integration features a extremely complementary provider footprint in a number of key markets, together with Connecticut, Georgia, Maryland, New Mexico and Virginia.
As a part of the deal, Astrana Well being will combine a scaled ecosystem of greater than 350 main care physicians in Texas, the place Astrana already has a big presence.
Moreover, Astrana plans to leverage its Care Enablement platform, which features a suite of care administration instruments and expertise to drive enhancements in affected person outcomes and cut back waste within the healthcare system.
These instruments embody value-based contracting, credentialing, AI-driven inhabitants well being analytics, NCQA-certified healthcare effectiveness information, and data set gaps within the care engine, care administration, and illness administration platform, together with different administrative providers.
Brandon Sim, president and CEO of Astrana Well being, mentioned: “With the completion of our acquisition of CHS, I consider Astrana might be even higher positioned to ship accessible, high-quality and high-value care to native communities and sufferers.
“CHS has constructed a scaled and impactful value-based healthcare ecosystem in South and East Coast markets. Combining Astrana's sturdy expertise platform and care mannequin with CHS's robust supplier base and deep payer partnerships will speed up our shared aim of organizing and strengthening suppliers whereas bettering the healthcare expertise for sufferers throughout the nation.”
