Business
Astrana Health, Inc. Reports First Quarter 2025 Results
Company to Host Conference Call on Thursday, May 8, 2025, at 2:30 p.m. PT/5:30 p.m. ET ALHAMBRA, Calif., May 8, 2025 /PRNewswire/ -- Astrana Health, Inc.
About this update from Astrana Health Inc.
[{"type":"text","content":"Company to Host Conference Call on Thursday, May 8, 2025, at 2:30 p.m. PT/5:30 p.m. ET\nALHAMBRA, Calif., May 8, 2025 /PRNewswire/ -- Astrana Health, Inc. (\"Astrana,\" and together with its subsidiaries and affiliated entities, the \"Company\") (NASDAQ: ASTH), a leading provider-centric, technology-powered healthcare company enabling providers to deliver accessible, high-quality, and high-value care to all, today announced its consolidated financial results for the first quarter ended March 31, 2025.\n\n \n \n \n \n \n \n\n \n\"Astrana's strong start to the year reflects the continued momentum behind our mission to build the nation's leading patient-centered healthcare platform. Our differentiated clinical capabilities and technology-enabled delegated model continue to drive strong, profitable growth while delivering better outcomes for both patients and providers. Even in a complex regulatory and economic environment, we continue to prove that value-based care can deliver meaningful impact at scale with long-term sustainability,\" said Brandon Sim, President and CEO of Astrana Health. \nFinancial Highlights for three months ended March 31, 2025:\nAll comparisons are to the three months ended March 31, 2024 unless otherwise stated.\nTotal revenue of $620.4 million, up 53% from $404.4 millionCare Partners revenue of $601.0 million, up 57% from $382.3 millionNet income attributable to Astrana of $6.7 million, compared to $14.8 millionEarnings per share - diluted (\"EPS - diluted\") of $0.14, compared to $0.31Adjusted EBITDA(1) of $36.4 million, compared to $42.2 million(1) See \"Reconciliation of Net Income to EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin\" and \"Use of Non-GAAP Financial Measures\" below for additional information.\nRecent Operating Highlights\nAstrana announced several additions to its leadership team to support continued growth and execution. The Company welcomes Georgie Sam, Chief Data & Analytics Officer, who will oversee enterprise-wide data and analytics strategy to deliver even faster, more actionable insights to our stakeholders, and Glenn Sobotka, Chief Accounting Officer, who brings deep experience to support Astrana's continued financial discipline and scalability. Rita Pew was promoted to the role of Chief People Officer, helping Astrana further invest in the talent and culture that drive Astran...