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Astrana Health is set to acquire assets from Prospect Health for $745 million, including the Prospect Health Plan and several medical groups across multiple states. The deal, expected to close in mid-2025, aims to enhance Astrana's provider network and improve healthcare access for approximately 1.7 million members.
Astrana Health plans to acquire Prospect Health System's assets for $745 million, significantly expanding its provider network and enhancing its value-based care capabilities. The deal, expected to close by mid-2025, will add approximately 610,000 members, bringing Astrana's total to over 1.7 million. With projected annual revenues of $1.2 billion from Prospect, this acquisition positions Astrana as a leading integrated care delivery platform in the U.S.
Astrana Health has entered a binding agreement to acquire the majority of Prospect’s managed care platform for approximately $745 million, with Medical Properties Trust (MPT) expecting around $200 million in cash proceeds after settling certain liabilities. The majority of the cash is anticipated in the first half of 2025, with a $50 million payment expected by 2027, pending regulatory approval and other conditions. MPT, a leading real estate investment trust, owns 402 hospital facilities globally, facilitating operators in unlocking real estate value for operational improvements.

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