Astrana Health(US:ASTH)2025-05-09 08:05Financial Performance - Q1 2025 - Revenue for Q1 2025 was $6204 million[10], a 53% increase compared to $4044 million in Q1 2024[27] - Net income attributable to Astrana Health was $67 million[10] - Adjusted EBITDA for Q1 2025 was $364 million[10], with an Adjusted EBITDA margin of 6%[41] - The company is projecting full year 2025 revenue to be between $25 billion and $27 billion[23, 33] - The company is projecting full year 2025 Adjusted EBITDA to be between $170 million and $190 million[25, 33] Segment Performance - Q1 2025 - Care Partners segment revenue was $6010 million in Q1 2025[27], representing a 57% increase year-over-year[38] - Care Delivery segment revenue was $334 million in Q1 2025[27], representing a 9% increase year-over-year[38] - Care Enablement segment revenue was $396 million in Q1 2025[27], representing a 19% increase year-over-year[38] Risk Arrangement & Membership - 75% of total capitation revenue came from full-risk arrangements[14] - 38% of Care Partners members are in full-risk arrangements[14] - The company projects that 75-85% of capitation revenue will come from full-risk arrangements by the end of 2025[21] - Care Partners segment has 910000 members[14] Strategic Initiatives - The company expects to achieve at least $10 million in annual operating efficiencies by early 2026 through investments in automation and AI[13]