Astrana Health, Inc. completed the acquisition of Prospect Health Plan, Inc., Alta Newport Hospital, LLC, and substantially all assets of certain PHP Holdings, LLC subsidiaries on July 1, 2025. The total purchase consideration for the acquisition was approximately $674.9 million in cash. Astrana financed the acquisition by borrowing $707.3 million from a five-year delayed draw term loan credit facility. Pro forma combined total revenue for the year ended December 31, 2025, is estimated at $3,819,909,000, up from Astrana's historical $3,181,769,000. Pro forma net income attributable to Astrana Health, Inc. for the year ended December 31, 2025, is estimated at $41,391,000, resulting in basic and diluted earnings per share of $0.84. The acquired business (PHP Holdings, LLC & Rhode Island Market) reported a net loss of $38,690,000 for the nine months ended June 30, 2025, a slight improvement from a $43,709,000 net loss in the prior year period. The acquired business's operating income significantly decreased to $48,476,000 for the nine months ended June 30, 2025, from $88,389,000 in the prior year. The acquired business's total liabilities increased to $1,569,938,000 as of June 30, 2025, from $1,488,899,000 as of September 30, 2024, with a substantial increase in the current portion of long-term debt. All outstanding debt obligations of the acquired business under the PhysicianCo Loan Agreement were repaid in full with proceeds from the Astrana sale on July 1, 2025.