secwatch.observer — SEC 8-K summary
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Issuer:     Astrana Health, Inc. (ASTH)
CIK:        0001083446
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0001104659-24-115969
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astrana Health to acquire hospital, health plan & ACO for $745M; arranges $1.195B financing
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- Acquires equity of Prospect Health Plan, Alta Newport Hospital (Foothill Regional), and Prospect ACO Rhode Island for $745M.
- Financing includes $1.095B bridge term loan (364-day) and $100M revolver from Truist and JPMorgan.
- Transaction expected to close mid-2025, subject to regulatory approvals and customary conditions.
- Acquired entities provide managed care, physician networks, and acute hospital services across risk-based models.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083446/000110465924115969/0001104659-24-115969-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083446/000110465924115969/tm2427779d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-115969

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer