Astrana Health, Inc. acquired 95% stake in Advanced Diagnostic and Surgical Center, Inc.
May 06, 2024
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Astrana Health, Inc. (NasdaqCM:ASTH) acquired 95% stake in Advanced Diagnostic and Surgical Center, Inc. on January 1, 2024. The total consideration consisted of cash funded upon close of the transaction and contingent considerations of $3.632 million that will be settled in cash contingent on ADSC achieving revenue and EBITDA metrics for fiscal years 2023 and 2024.
Astrana Health, Inc. (NasdaqCM:ASTH) completed the acquisition of 95% stake in Advanced Diagnostic and Surgical Center, Inc. on January 1, 2024.
Astrana Health, Inc. is a healthcare company. The Company provides care coordination services to each constituent of the healthcare delivery system, including patients, families, primary care physicians, specialists, acute care hospitals, alternative sites of inpatient care, physician groups, and health plans. The Company's Care Enablement segment is an integrated, end-to-end clinical and administrative platform, powered by its technology suite, which provides operational, clinical, financial, technology, management, and strategic services. Its Care Partners segment is focused on building and managing provider networks by partnering with provider partners for coordinated care delivery. Its Care Delivery segment is a data-driven care delivery organization focused on delivering accessible care to all patients. Its care delivery organization includes primary care, multi-specialty care, and ancillary care services.