Astrana Health, Inc., together with its subsidiaries and affiliated entities, a leading provider-centric, technology-powered healthcare company enabling providers to deliver accessible, high-quality, and high-value care to all, announced it has closed its transaction to acquire Collaborative Health Systems, a management services organization serving more than 129,000 beneficiaries across 17 states and previously a company of Centene Corporation, a leading healthcare enterprise focused on transforming the health of the communities it serves.
“With the completion of our acquisition of CHS, I believe that Astrana will be even better positioned to deliver accessible, high-quality, and high-value care to local communities and patients,” said President and CEO of Astrana Health, Brandon Sim. “CHS has built a scaled and impactful value-based care ecosystem in markets spanning the South and East Coast. Combining Astrana’s robust technology platform and care model with CHS’s strong provider base and deep payer partnerships will accelerate our mutual goal of organizing and empowering providers while elevating the healthcare experience for patients nationwide.”
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This acquisition facilitates:
- The expansion of both Astrana’s and CHS’ payer-agnostic care delivery capabilities, which serve members across all lines of business, and further empower CHS’ providers in the delivery of care to the communities it serves.
- Integration of a highly complementary provider footprint across several states, including key markets such as Connecticut, Georgia, Maryland, New Mexico, and Virginia, as well as a scaled ecosystem of more than 350 primary care physicians across Texas, where Astrana already has a growing presence.
- Astrana’s plans to leverage its proven Care Enablement platform, a set of care management tools and technology, including value-based contracting and credentialing, AI-driven population health analytics, its NCQA®-certified Healthcare Effectiveness Data and Information Set gaps in care engine, care management and disease management platform, and other administrative services to further advance improvements in patient outcomes and remove waste from the healthcare system.
Source: PRNewswire