---
schema_version: "secwatch.filing_event.v1"
accession: "0001832511-25-000023"
form_type: "8-K"
ticker: "PIII"
cik: "0001832511"
company_name: "P3 Health Partners Inc."
filed_at: "2025-11-14T23:59:59+00:00"
generated_at: "2026-05-16T19:54:41.552106+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# P3 Health Partners forms MSO JV with Commonwealth Primary Care ACO (80/20 split)

## Summary
- P3 subsidiary P3 ACO holds 80% interest; CPC ACO holds 20% in new MSO Delaware LLC.
- MSO will manage ACO activities: shared services, financial mgmt, compliance, data analytics.
- Management fee equals liabilities assumed plus fair-market-value margin; shared savings from 2026.
- P3 ACO may redeem CPC ACO's interest after three years; CPC can force redemption if P3 fails to act.

## SEC filing metadata
- accession: 0001832511-25-000023
- form_type: 8-K
- ticker: PIII
- cik: 0001832511
- company_name: P3 Health Partners Inc.
- filed_at: 2025-11-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1832511/000183251125000023/0001832511-25-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832511/000183251125000023/piii-20251111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001832511-25-000023
- JSON: https://secwatch.observer/filing/0001832511-25-000023.json
- Plain text: https://secwatch.observer/filing/0001832511-25-000023.txt

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