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Astrana Health closes acquisition of Prospect Health

Jul 02, 202515 days ago

Acquiring Company

Astrana

Acquired Company

Prospect Health

AlhambraHealth CareMedicalHealth Care

Description

Astrana Health, Inc. has successfully closed the acquisition of Prospect Health for $708 million. This acquisition will enhance Astrana's ability to deliver high-quality, patient-centered care across the country. Prospect Health is expected to contribute significantly to Astrana's revenue and EBITDA. The transaction underscores Astrana's commitment to disciplined capital deployment and value creation.

Company Information

Company

Astrana

Location

Alhambra, California, United States

About

Astrana is dedicated to expanding access to coordinated, cost-effective healthcare nationwide. The company focuses on providing high-quality patient outcomes at scale. Their strategy involves integrating healthcare services to drive greater value across the ecosystem. Astrana aims to support healthcare providers and organizations in improving patient care.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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