Welcome to our dedicated page for Astrana Health news (Ticker: ASTH), a resource for investors and traders seeking the latest updates and insights on Astrana Health stock.
Astrana Health, Inc. (NASDAQ: ASTH) is a technology-enabled leader in value-based care coordination, serving patients and providers through innovative population health management solutions. This page serves as the definitive source for official company announcements, financial updates, and strategic developments.
Investors and healthcare professionals will find timely updates on earnings reports, partnership expansions, care delivery innovations, and regulatory milestones. Our curated news collection includes press releases detailing ASTH's physician network growth, technology platform enhancements, and performance in risk-bearing healthcare models.
Key updates cover:
• Value-based care initiatives
• Strategic provider partnerships
• Technology platform developments
• Financial performance reports
• Network expansion announcements
For stakeholders tracking the evolution of integrated care models, this resource offers essential insights into ASTH's progress in aligning provider incentives with patient outcomes. Bookmark this page for direct access to primary source materials and analysis-free updates straight from the company.
Astrana Health (NASDAQ: ASTH) and Elation Health have formed a strategic partnership to empower primary care providers in value-based care. The collaboration aims to scale risk-bearing entities, including accountable care organizations and clinically integrated networks. Elation will provide its EHR platform, practice transformation, and billing technology, while Astrana will deploy its value-based care platform and enablement solutions.
As a first example, Astrana will support an existing provider organization in Hawai'i, working with over 100 primary care providers serving 20,000+ primarily Medicare patients. Providers are expected to onboard into Astrana's Care Enablement platform by the end of Q3 2024. This partnership aims to integrate Elation's EHR technology with Astrana's value-based care infrastructure to enhance member experience, improve outcomes, and lower costs.
Astrana Health (NASDAQ: ASTH) and Anthem Blue Cross have announced a strategic partnership to enhance healthcare access and quality for their shared members. This collaboration aims to address social and health inequities in underserved communities. As part of the initiative, Astrana will open and manage clinics exclusively for Anthem Blue Cross and Allied Pacific IPA members, offering walk-in visits, telemedicine, and online scheduling.
The partnership's first collaborative care clinic has opened in Whittier, California, serving Anthem Blue Cross and Allied Pacific IPA members with HMO plans. The facility focuses on comprehensive health assessments, preventive care, and chronic disease management. This partnership represents both organizations' commitment to improving healthcare accessibility and quality in previously underserved areas.
Astrana Health, a healthcare technology company listed on NASDAQ as ASTH, announced its participation in three upcoming investor conferences. The Leerink Healthcare Crossroads Conference will take place in Austin on May 29, 2024, featuring a fireside chat at 1:00pm CT. The William Blair 44th Annual Growth Stock Conference will occur in Chicago on June 5, 2024, with a presentation at 4:40pm CT. Lastly, the Truist Healthcare Disruptors & Digital Health Summit will be held in New York on June 25, 2024, including a panel presentation at 3:30pm ET. Webcast links for these events will be available on Astrana Health's investor relations website.
Astrana Health (NASDAQ: ASTH) announced its participation in the BofA Securities Health Care Conference on May 16, 2024, in Las Vegas.
The event will feature a fireside chat with company leadership at 10:00am PT. This participation underscores Astrana Health's commitment to engaging with investors and discussing its technology-powered healthcare solutions aimed at delivering accessible, high-quality care. The webcast link will be available on the company's website in the 'IR Calendar' section.
Astrana Health, Inc. reported strong financial results for the first quarter of 2024, with revenue growth of 20%, net income up 13%, and adjusted EBITDA rising by 42% compared to the previous year. The company saw solid membership growth, totaling approximately one million lives managed. Astrana successfully closed major acquisitions, enabling it to take on more responsibilities and expand its services. The company is on track to continue its growth trajectory throughout the year.
Astrana Health, Inc. has scheduled the release of its 2024 first-quarter financial results for March 31, 2024, after the stock market closes on May 7, 2024. The company will host a conference call on the same day at 2:30 p.m. PT/5:30 p.m. ET to discuss the results. Participant dial-in numbers are (888-437-3179) or (862-298-0702).
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