---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-115243"
form_type: "8-K"
ticker: "ASTH"
cik: "0001083446"
company_name: "Astrana Health, Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T13:18:54.913153+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# ApolloMed signs $202M deal to acquire CFC medical group and health plan

## Summary
- Purchase price $202M: $152M cash, $20M in ApolloMed stock, up to $30M performance milestones.
- CFC operates >350 PCPs, 500 specialists, manages >200,000 members in Los Angeles area.
- CFC expected 2023 revenue ~$190M, adjusted EBITDA ~$25M (13% margin).
- Acquisition expected to close Q1 2024; Health Plan and MSO entities require regulatory approval.

## SEC filing metadata
- accession: 0001104659-23-115243
- form_type: 8-K
- ticker: ASTH
- cik: 0001083446
- company_name: Astrana Health, Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083446/000110465923115243/0001104659-23-115243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083446/000110465923115243/tm2330057d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-115243
- JSON: https://secwatch.observer/filing/0001104659-23-115243.json
- Plain text: https://secwatch.observer/filing/0001104659-23-115243.txt

## Key facts
- Material Agreements
  Astrana Health, Inc. entered into I Health Purchase Agreement with Ronald Brandt and Allison Brandt (effective 2023-11-07).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Ronald Brandt and Allison Brandt
  - Effective: 2023-11-07
  source text: NMM has entered into a Stock Purchase Agreement, dated November 7, 2023 (the “I Health Purchase Agreement”), with Ronald Brandt and Allison Brandt, each in their individual capacities and in their capacities as Co-Trustees of the Ronald Lee Brandt and Allison Leigh Brandt Family Trust dated December 16, 2003, and I Health, Inc. (“I Health”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083446/000110465923115243/0001104659-23-115243-index.htm
- Material Agreements
  Astrana Health, Inc. entered into CFC/AHMS Purchase Agreement with Community Family Care Medical Group IPA, Inc. valued at aggregate purchase price of $113.8 million (effective 2023-11-07).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Community Family Care Medical Group IPA, Inc.
  - Value: aggregate purchase price of $113.8 million
  - Effective: 2023-11-07
  source text: entered into an Asset and Equity Purchase Agreement, dated November 7, 2023, with Community Family Care Medical Group IPA, Inc. (“CFC”), Advanced Health Management Systems, L.P. (“AHMS”), Accie M. Mitchell and Gloria C. Mitchell, as Co-Trustees of the Mitchell Family Trust dated July 2, 2003, CFC Management, LLC, the limited partners of AHMS and Marc Mitchell, as the Equityholder Representative (the “CFC/AHMS Purchase Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083446/000110465923115243/0001104659-23-115243-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.