{"schema_version":"secwatch.filing_event.v1","accession":"0001832511-26-000006","form_type":"8-K","ticker":"PIII","cik":"0001832511","company_name":"P3 Health Partners Inc.","filed_at":"2026-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.439920+00:00","generated_at":"2026-05-15T09:03:29.637869+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"P3 Health Partners enters Nebraska Medicare Advantage agreement with large nonprofit health insurer","bullets":["P3 will provide clinical, operational, and data-driven support to primary care providers in client’s Nebraska Medicare Advantage network.","Management services fees for performance years 2026 and 2027; global risk arrangement for 2028 and beyond.","Master Services Agreement initial term through Dec 31, 2030, with automatic one-year renewal unless 180-day notice given.","Client may terminate SOW upon 90-day notice if P3 fails to meet agreed performance metrics for 2026 or if key persons depart.","If client opts not to pursue CMS Medicare Advantage bid for 2027-2028, SOW terminates with break-up fee covering actual costs plus direct termination costs, capped at an agreed amount."],"urls":{"canonical":"https://secwatch.observer/filing/0001832511-26-000006","json":"https://secwatch.observer/filing/0001832511-26-000006.json","markdown":"https://secwatch.observer/filing/0001832511-26-000006.md","text":"https://secwatch.observer/filing/0001832511-26-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1832511/000183251126000006/0001832511-26-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1832511/000183251126000006/piii-20260319.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:03:29.637869+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"998e6f3f75b0424003e0119b7389ce87f3f7a15c","claim":"P3 Health Partners Inc. entered into Statement of Work with a large nonprofit health insurance provider in the state of Nebraska (effective 2026-03-19).","evidence_excerpt":"Effective as of March 19, 2026, P3 Health Partners, LLC (the “Company”) entered into a Statement of Work (the “SOW”) with a large nonprofit health insurance provider in the state of Nebraska (the “Client”), which incorporates the terms of a Master Services Agreement between the parties (the (the “MSA,” and together with the SOW, the “Agreements”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1832511/000183251126000006/0001832511-26-000006-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"a large nonprofit health insurance provider in the state of Nebraska"},{"label":"Effective","value":"2026-03-19"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}