Astrana Health: 81% Full-Risk And Profitable
Seeking Alpha rated Astrana Health a buy, noting a 46% discount to peers and highlighting its Care Enablement platform's role in reducing G&A costs and quadrupling third-party revenue year-over-year. The company's organic growth is driven by a shift into full-risk capitation with projected revenue-per-member expansion.
Why it matters — ASTH watchers would be interested in the company's margin improvement through its Care Enablement platform, the growing shift to full-risk capitation, and its trading discount relative to peers.