Astrana Health, Inc. 8-K
Research Summary
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Astrana Health Reports Completion of Prospect Health Acquisition
What Happened Astrana Health, Inc. (ASTH) reported that it completed the acquisition of all outstanding equity interests of Prospect Health Plan, Inc. and Alta Newport Hospital, LLC (d/b/a Foothill Regional Medical Center), and substantially all assets of certain direct and indirect subsidiaries of PHP Holdings, LLC. The Asset and Equity Purchase Agreement was dated November 8, 2024; the Company reported the closing occurred July 2, 2025. In the Form 8‑K filed March 30, 2026 (with an earlier 8‑K/A filed September 11, 2025), Astrana provided interim unaudited financial statements for the acquired business and a pro forma statement of operations that treats the Transaction as if it had closed on January 1, 2025.
Key Details
- Transaction parties and dates: Asset and Equity Purchase Agreement dated November 8, 2024; closing reported July 2, 2025; 8‑K/A filed September 11, 2025; current 8‑K filed March 30, 2026.
- Acquired assets/entities: Prospect Health Plan, Inc.; Alta Newport Hospital, LLC (d/b/a Foothill Regional Medical Center); substantially all assets of certain PHP Holdings, LLC subsidiaries.
- Financial reporting: Company furnished interim unaudited financial statements of the Acquired Business and a pro forma statement of operations giving effect to the Transaction as if consummated January 1, 2025.
- Seller representative: Prospect Medical Holdings, Inc. acted as Seller Representative under the agreement.
Why It Matters This filing confirms Astrana has closed a significant acquisition that expands its healthcare assets and operations. The interim unaudited and pro forma statements let investors see preliminary financial impacts and compare prior-period performance as if the deal had been in place since January 1, 2025. Because the statements are interim and unaudited, investors should note they may be revised in future SEC filings when audited results or additional disclosures are provided.
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