Significant Revenue Growth
Astrana Health reported a total revenue of $620.4 million, representing a 53% increase compared to the prior year period.
Strong Performance of Care Partners Segment
The Care Partners segment grew by 57% year over year to $600 million, driving the company's revenue growth.
Expansion in Emerging Markets
In Nevada and Texas, Astrana Health achieved significant growth and operational execution, with Nevada reaching breakeven and membership in the risk-bearing network growing by 40%.
Increased Membership in Full-Risk Arrangements
Approximately 38% of members are now in full-risk contracts, up from 5.5% a year ago, accounting for 75% of capitated revenue.
Successful CHS Integration
CHS integration is complete with over $10 million in G&A efficiencies identified, and performance in line with expectations.
Upcoming Prospect Health Acquisition
The planned acquisition of Prospect Health is expected to significantly expand the provider network and contribute $81 million in adjusted EBITDA with $12 million to $15 million in synergies.
Positive Medicare Advantage Rate Notice
The 2026 Medicare Advantage rate notice is favorable and expected to support continued growth and profitability.