Astrana Health to acquire the managed care business from Prospect Health System for $745m.

Astrana Health, a provider-centric, technology-powered healthcare company, agreed to acquire the managed care business from Prospect Health System, a private healthcare company, for $745m. "The acquisition of Prospect would represent the combination of two organizations with decades-long histories of enabling independent providers and coordinating the delivery of high-quality care for all. We believe that our organizations share a common culture of patient centricity and a shared mission to provide high-quality care tailored to local communities," Brandon K. Sim, Astrana President and CEO.