ALHAMBRA, Calif. - Apollo Medical Holdings, Inc. (NASDAQ: AMEH), a healthcare company focused on providing technology-powered, high-quality care, announced a corporate rebranding today. The company will change its name to Astrana Health, Inc. and will begin trading under a new ticker symbol, "ASTH," starting February 26, 2024.
This change comes as part of the company's ongoing strategy to enhance its identity within the healthcare industry. ApolloMed, known for its proprietary technology solutions, operates an integrated healthcare delivery platform that supports providers in value-based care arrangements. These arrangements are designed to enable the delivery of cost-effective care without compromising quality.
The rebranding to Astrana Health aims to reflect the company's commitment to innovation and its role in transforming healthcare delivery. The new name will not affect the company's operations, which include management services organizations, independent practice associations, and participation in innovative models from the Centers for Medicare & Medicaid Services Innovation Center.
Investors and stakeholders can expect the transition to the new name and ticker symbol to be seamless, with no action required on their part. The company's headquarters will remain in Alhambra, California.
The information in this article is based on a press release statement from Apollo Medical Holdings, Inc.
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