Tampa, Fla.-based CHS is a management services subsidiary that partners with independent primary care physicians around value-based care models, according to a July 25 news release. It currently works with 129,000 beneficiaries across 17 states.
Alhambra, Calif.-based Astrana offers technology solutions that enable providers to participate in value-based arrangements. Formerly ApolloMed, the company works with 10,000 providers and 1 million patients.
Pending regulatory approvals, the purchase is expected to close by the end of 2024.
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
