M&A Deal Summary

Astrana Health Acquires Collaborative Health Systems

On July 25, 2024, Astrana Health acquired healthcare services company Collaborative Health Systems from Centene

Acquisition Highlights
  • This is Astrana Health’s 9th transaction in the Healthcare Services sector.
  • This is Astrana Health’s 12th transaction in the United States.
  • This is Astrana Health’s 2nd transaction in Florida.

M&A Deal Summary
Date 2024-07-25
Target Collaborative Health Systems
Sector Healthcare Services
Buyer(s) Astrana Health
Sellers(s) Centene
Deal Type Divestiture

Target

Collaborative Health Systems

Lake Mary, Florida, United States
Collaborative Health Systems is a management services organization that partners with independent primary care physicians as they move to value-based models. Collaborative Health Systems is based in Lake Mary, Florida.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Astrana Health

Alhambra, California, United States
Category Company
Founded 1985
Sector Healthcare Services
Employees1,800
Revenue 1.4B USD (2023)
DESCRIPTION

Astrana Health is an integrated healthcare company providing solutions to hospitals, health plans, physicians, and other health providers to provide cost-effective, quality healthcare. Astrana Health was founded in 1985 and is based in Alhambra, California.

DEAL STATS #
Overall 12 of 12
Sector (Healthcare Services) 9 of 9
Type (Divestiture) 2 of 2
State (Florida) 2 of 2
Country (United States) 12 of 12
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-26 AAMG

San Francisco, California, United States

AAMG is a primary and specialty care physicians' group focused on providing high-quality, culturally competent care to local communities. AAMG is based in San Francisco, California.

Buy -

Seller(S) 1

SELLER

Centene

St. Louis, Missouri, United States
Category Company
Founded 1984
Sector Insurance
Employees67,700
Revenue 154.0B USD (2023)
DESCRIPTION
Centene's corporate headquarters in St. Louis, Missouri.
Centene's corporate headquarters in St. Louis, Missouri.

Centene is a diversified, multi-national healthcare enterprise that provides programs and services to government sponsored healthcare programs, focusing on under-insured and uninsured individuals. Centene provides member-focused services through locally based staff by assisting in accessing care, coordinating referrals to related health and social services and addressing member concerns and questions. Centene also provides education and outreach programs to inform and assist members in accessing quality, appropriate healthcare services. Centene was incorporated in 1984 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 6 of 6
Sector (Healthcare Services) 4 of 4
Type (Divestiture) 6 of 6
State (Florida) 1 of 1
Country (United States) 4 of 4
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-28 Circle Health Group

London, United Kingdom

Circle Health Grou is a healthcare company, that offer a range of specialities, including orthopaedic, ENT, general surgery, gynaecological, gastrointestinal, neuro spinal surgery and more, supported by diagnostic services. Circle Health was founded in 2004 and is based in London, United Kingdom.

Sell $1.2B
Mergr

Product

Company

Legal