Astrana Health Announces Definitive Agreement to Acquire Certain Businesses and Assets of Prospect Health System
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Astrana Health, Inc. (NASDAQ: ASTH) has announced a definitive agreement to acquire certain businesses and assets of Prospect Health System, including medical groups, a healthcare service plan, a management service organization, a pharmacy, and a hospital.
November 08, 2024 | 1:15 pm
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Astrana Health is set to acquire significant assets from Prospect Health System, which will expand its healthcare services and presence in multiple states.
The acquisition of Prospect Health's assets, including medical groups and a hospital, is likely to enhance Astrana Health's service offerings and geographic reach, potentially leading to increased revenues and market presence. This strategic move is expected to positively impact ASTH's stock price in the short term.
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