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P3 Health Partners went public via a SPAC merger with Foresight Acquisition in a $2.3bn deal.

Synopsis

P3 Health Partners, a health population management group, went public via a SPAC merger with Foresight Acquisition, a special purposes company, in a $2.3bn deal. Investors in PIPE included Fidelity Management & Research and Janus Henderson. “Today marks an important milestone in our mission to transform healthcare for patients, providers, and payors through value-based care. We have the right team and delivery model to help physicians and payors accelerate the move to value-based care within a growing market for Medicare beneficiaries. As a public company, we will continue to provide a differentiated approach to patient care for all key stakeholders while delivering proven care outcomes and enhancing patient and provider satisfaction," Sherif Abdou, P3 CEO.

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