Astrana Health

Astrana Health has today announced it has entered into a definitive agreement to acquire Collaborative Health Systems, a management services organization serving more than 129,000 beneficiaries across 17 states. "With this acquisition, we believe Astrana will be even better positioned to deliver accessible, high-quality, and high-value care to more patients across the nation," said Brandon K. Sim, President and CEO of Astrana Health. "CHS has built a scaled and impactful value-based care ecosystem in markets spanning the South and East Coast. We believe combining Astrana's robust technology platform and care model with CHS's strong provider base and deep payer partnerships will accelerate our goal of organizing and empowering providers while elevating the healthcare experience for patients throughout the country." The transaction is expected to close by year-end, following customary regulatory approvals.

Astrana Health will be at the America's Physician Groups Annual Spring Conference from May 29th - May 31st. Come visit us at our booth on Thursday to chat about our team’s latest developments or just to simply say hi! 

We are thrilled to share the remarkable progress we have made in the first quarter of 2024 to expand our unique platform and care model, aimed at empowering providers and improving access to high-quality and high-value healthcare for local communities across the country.   This quarter, we have officially reached the 1 million member milestone! In addition, we made strong progress in terms of clinical, operational, and financial outcomes, and made meaningful progress against our strategic roadmap.   We also continue to ensure that our rapid growth remains sustainable so that we can uphold our commitment and mission for years to come. With the current momentum of our business, we're in great position to lead the charge towards a future where all Americans enjoy access to best-in-class healthcare services. We'd like to thank all of our providers, teammates, and partners as we continue building this future together. To the stars!

Today, we become Astrana Health. A message from our President and CEO, Brandon K. Sim: Our journey began with a simple mission - to provide great healthcare to a local community, and our mission has not changed except in the number of communities we hope to serve. The transition we are now seeing - and in many ways have helped to lead - is towards a world in which access, equity, quality, and value are at the forefront of every healthcare interaction. That transition is only accelerating in every community across the country, and we have a duty, now more than ever, to take our model and serve the millions more who need it. To that end, from humble regional roots, we've now expanded into a national force, extending our services to over 10,000 providers and 900,000 value-based care patients across Nevada, Texas, and key regions of California – spanning San Francisco, the Central Valley, Los Angeles, Riverside, and San Bernardino. Our team has grown to encompass over 1,500 talented individuals across the country. Our dedication to innovation shines through the development of cutting-edge tools – clinical and coordinated care solutions, a comprehensive technology suite, and forward-thinking payer and administrative solutions. We've fortified our care delivery capabilities across primary, multispecialty, and ancillary clinics, spanning three states and serving over 700,000 unique patients in our clinics annually across 61 locations. We are now bearing the responsibility for total cost of care for our patients, coordinating care using technology in a smart, domain-adapted way to solve issues like barriers to care, high cost, and inefficiency and waste in the healthcare system. This evolution is not only about expansion but also about a profound commitment to innovation, efficiency, accountability, and, most importantly, the well-being of those who entrust us with their care. Yet throughout all this growth and transformation, our identity has remained steadfast, based on the same principles of our founding providers. We believe in enabling localized, coordinated healthcare at scale. We believe in empowering our entrepreneurial, star providers and creating a holistic constellation, an ecosystem that addresses a patient in all ways - socially, physically, culturally, and clinically. And we believe in building a team of star teammates to accelerate our path towards achieving our vision. We envision a world in which, during the next decade, we will serve hundreds of communities across the country, our infrastructure will empower tens of thousands of providers at hundreds of practice locations, and our star providers will see tens of millions of patients a year with our support. To honor what we have built, to express our present identity, and to energize our vision for the future we will create, I am proud to share that ApolloMed is now Astrana Health. Join our amazing team of Astranauts: https://lnkd.in/gG_sZ88u

We believe accurate, reliable, and timely updates of HEDIS measures are prerequisites for providing high-quality patient care. However, relying on "monthly" payer reports doesn't help us get there. That's why we decided to build a "fast" and "transparent" HEDIS engine! Learn more in our latest blog post: https://lnkd.in/gez9k9Wz

As we wrap up another incredible year, we took the time to celebrate the season with our amazing colleagues at ApolloMed. Our holiday party was filled with good food, great company, and, most importantly, a good cause! This year, we decided to add a special touch by supporting a meaningful cause. We hosted a charity casino night and all proceeds will go to The Trevor Project. It warms our hearts to make a positive impact not only within our company but also in the wider community. Much gratitude to everyone who made this celebration memorable! Here's to a successful year behind us and an even brighter future ahead.