Astrana health announces definitive agreement to acquire certain businesses and assets of prospect health system

Alhambra, calif. , nov. 8, 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 that it and its affiliated professional entities have entered into a definitive agreement to acquire prospect health ("prospect"), which consists of certain businesses and assets relating to prospect health system, including its california licensed health care service plan (prospect health plan), medical groups in california, texas, arizona and rhode island (prospect medical groups), management service organization (prospect medical systems), pharmacy (rightrx), and alta newport hospital dba foothill regional medical center, a fully accredited acute care hospital with 177 licensed beds.
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