Business
Apollo Medical Holdings, Inc. Announces Planned Corporate Rebrand as Astrana Health
ALHAMBRA, Calif., Jan. 24, 2024 /PRNewswire/ -- Apollo Medical Holdings, Inc. ("ApolloMed," and together with its subsidiaries and affiliated entities, the
About this update from Astrana Health Inc.
[{"type":"text","content":"ALHAMBRA, Calif., Jan. 24, 2024 /PRNewswire/ -- Apollo Medical Holdings, Inc. (\"ApolloMed,\" and together with its subsidiaries and affiliated entities, the \"Company\") (NASDAQ: AMEH), a leading provider-centric, technology-powered healthcare company which enables providers to deliver accessible, high-quality, and high-value care to all, today announced it plans to change its name to Astrana Health, effective February 26, 2024. Alongside the planned corporate name change, the Company's common stock is intended to begin trading under the new symbol \"ASTH\" on the NASDAQ, effective February 26, 2024.\n\n \n \n \n \n \n \n\n \nAstrana Health was founded in 1992 by physicians to empower physicians in delivering best-in-class healthcare for their local communities. Today, it serves around 900,000 members in value-based care arrangements, with a multi-payer approach and diversified business across Medicare, Medicaid, Commercial, and the ACA Marketplace. Astrana Health currently partners with over 10,000 affiliated providers and operates 61 outpatient locations nationwide, all supported by its purpose-built, proprietary technology platform.\nBrandon Sim, President and CEO of Astrana Health, stated, \"Astrana Health represents a unifying brand that reflects our rapidly expanding national footprint and our deep commitment to providing high-quality care to local communities across the country. Our new name is inspired by roots that refer to 'a collection of stars', paying homage to our Company's founding physicians and aptly representing the Company's star providers and teammates, who are allying together to deliver accessible, high-quality, and high-value care as a well-coordinated network, or constellation, to patients nationwide. We are excited to unite under our new brand and further accelerate our mission to deliver exceptional patient experiences and to provide quality care to all. We are more energized than ever to lead the transformation towards value-based healthcare.\"\nPatients and partners can expect the same industry-leading level of care, expertise, and commitment from Astrana Health. The organization remains dedicated to upholding the highest standards of healthcare delivery, while delivering value for patients, providers, payers, and partners.\nBranding across the Company will be rolled out in phases and will transition...