Astrana Health Stock Price, News & Analysis
AMEH
NASDAQ
Company Description
Astrana Health, Inc. (NASDAQ: AMEH), formerly known as Apollo Medical Holdings, Inc., is a leading physician-centric, technology-powered healthcare management company. Based in Alhambra, California, the company leverages proprietary population health management and healthcare delivery platforms to operate an integrated, value-based healthcare model. Astrana Health's mission is to empower medical providers in its network to deliver high-quality, cost-effective care.
The company's extensive network includes primary care physicians, specialists, and hospitalists, catering to patients covered by various insurance plans including Medicare, Medicaid, and private insurance. Astrana Health's services encompass care coordination for patients, families, primary care physicians, specialists, acute care hospitals, and physician groups.
Key Highlights and Achievements:
- Strong Financial Performance: In 2023, Astrana Health reported a significant increase in revenue and net income. For example, total revenue for the second quarter of 2023 was $348.2 million, up 29% from the previous year.
- Strategic Acquisitions and Partnerships: The company has expanded its reach through strategic acquisitions and partnerships. Recent deals include acquiring assets from Texas Independent Providers, forming partnerships with primary care groups in California, and collaborating with IntraCare.
- Environmental, Social, and Governance (ESG) Initiatives: Astrana Health released its inaugural ESG At-a-Glance Report in 2023, highlighting achievements in health equity, community engagement, and environmental responsibility.
- Technological Advancements: The company continues to invest in technology to enhance its healthcare delivery platform, enabling providers to participate in value-based care arrangements and improve patient outcomes.
Ongoing Projects:
- Value-Based Care: Astrana Health remains committed to expanding its value-based care model, focusing on improving patient outcomes and reducing healthcare costs.
- Expansion of Services: The company plans to broaden its healthcare services across multiple states, including California, Nevada, Texas, and beyond.
- Provider Empowerment: Astrana Health continues to focus on empowering its network of providers through training and technology, ensuring they can deliver the best possible care.
For more information, visit www.apollomed.net.
Stock Performance
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Performance 1 year
$1.8B
Market Cap
44.8M
Shares outstanding
Latest News
SEC Filings
No SEC filings available for Astrana Health.
Financial Highlights
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Upcoming Events
Frequently Asked Questions
What is the market cap of Astrana Health (AMEH)?
The market cap of Astrana Health (AMEH) is approximately 1.8B.
What does Astrana Health, Inc. do?
Astrana Health, Inc. is a physician-centric, technology-powered healthcare management company that provides medical care services through an integrated, value-based healthcare model.
Where is Astrana Health, Inc. headquartered?
Astrana Health, Inc. is headquartered in Alhambra, California.
What type of healthcare model does Astrana Health, Inc. operate?
Astrana Health, Inc. operates an integrated, value-based healthcare model that focuses on empowering providers to deliver high-quality, cost-effective care.
What recent achievements has Astrana Health, Inc. made?
Recent achievements include strong financial performance, strategic acquisitions, partnerships, and the release of its inaugural ESG At-a-Glance Report.
Who does Astrana Health, Inc. cater to?
Astrana Health, Inc. caters to patients covered by private or public insurance plans such as Medicare, Medicaid, and health maintenance organization plans, as well as non-insured patients in California.
What are some of Astrana Health, Inc.'s ongoing projects?
Ongoing projects include expanding value-based care, broadening healthcare services across multiple states, and empowering providers through training and technology.
What is the significance of the company's recent rebrand to Astrana Health?
The rebrand to Astrana Health reflects the company's expanding national presence and commitment to delivering high-quality healthcare across local communities.
How does Astrana Health, Inc. support its network of providers?
Astrana Health, Inc. supports its network of providers through its proprietary technology platform, training initiatives, and value-based care arrangements.
What is the focus of Astrana Health, Inc.'s ESG initiatives?
Astrana Health's ESG initiatives focus on advancing health equity, engaging with communities, building a supportive workplace, incorporating sustainable business practices, and ensuring strong corporate governance.
How can I get more information about Astrana Health, Inc.?
For more information, visit Astrana Health's website at www.apollomed.net.