Astrana Health Starts Partnerships

July was a busy month for the Alhambra Astrana Health Inc.

Astrana, formerly Apollo Medical Holdings, is a healthcare management and technology company that enables physician groups to better manage their practices and improve outcomes for the patients they treat.

Astrana announced July 12 that its Allied Health IPA subsidiary has formed a partnership with the Indianapolis facility. Anthem-Blue Cross Under California to establish an unspecified number of health care clinics in communities in need.

The first of these clinics opened that same day in Whittier. It offers a wide range of services, focusing on comprehensive health assessments, preventive care and chronic disease management.

“We are excited about this partnership, which opens a new channel of access to provide quality care to Anthem Blue Cross members, starting with the Gateway Cities of Los Angeles,” Brandon Sim, Astrana healthThe main spokesperson, said in the announcement of cooperation.

Beth Andersenpresident of Anthem Blue Cross Commercial Health Plans, said, “This partnership with Astrana Health will address critical health needs while ensuring our members receive the highest quality care in their community.”

In a separate development, on July 17, Astrana Health announced a partnership with a San Francisco-based electronic medical records company. Elation Health. The goal is to provide high-quality health care in a cost-effective manner.

Under the partnership, which will operate as a joint venture, Elation will provide its electronic health records platform and billing technology to healthcare providers, while Astrana Health will provide with its management platform and costs to those same providers.

“We firmly believe that the success of quality-based care requires an integrated approach, designed with an EHR preferred by primary care providers with analytics and data provided on the client’s workflow, and models of care that are capable of supporting patient health,” Sim said in a joint statement.

The partnership is conducting its first trial with an anonymous Hawaii physician association of more than 100 primary care providers who collectively treat 20,000 mostly Medicare patients. Astrana said it expects all of these providers to reach its maintenance management platform by the end of the third quarter.

Then, on July 25, Astrana Health announced that it had entered into a definitive agreement to acquire it Integrative Health Systems, a management services organization that serves more than 129,000 beneficiaries across 17 states. Collaborative Health is a subsidiary of the health care center in St. Louis Centene Corp. Financial terms of the transaction were not disclosed.

Astrana Health intends to integrate its care management platform into the various health care provider systems that are part of the Collaborative Health System network.

Collaborative Health Systems “has built a quality care environment that is measured and influential in markets spanning the South and East Coasts,” Sim said. “With this purchase, we believe Astrana will be in a better position to provide accessible, high-quality and high-quality care to more patients across the country.”

Shareholders received these announcements enthusiastically. The first announcement on July 12 came just one day after the update of the analyst who had already sent the stock up to $ 45 a share from $ 38.30. On July 16, the shares crossed the $50 mark, and the general upward trend continued until July 26, with the stock closing that day at $52.20.