Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Astrana Health ( (ASTH) ) has issued an announcement.
Astrana Health, Inc. announced a significant acquisition of Prospect Health System’s businesses and assets for $745 million, aiming to enhance its healthcare delivery network across California, Texas, Arizona, and Rhode Island. The deal, expected to close in 2025, will expand Astrana’s provider network and improve access, quality, and value for its members. The acquisition is backed by a $1,095 million bridge loan commitment from Truist Bank and J.P. Morgan, underscoring Astrana’s strategic growth in the healthcare market.
Learn more about ASTH stock on TipRanks’ Stock Analysis page.