Astrana Health Inc..
ASTH.US | Medical and dental practice activities
Astrana Health Inc., formerly known as American Healthcare Systems, is a healthcare company that operates primarily in California. It focuses on providing value-based healthcare services through its network of physician practices and affiliated providers. The company offers a range of services, incl...Show More
Better Health for All
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Astrana Health's core services demonstrate exceptional health benefits, with 48% fewer hospital admissions and 43% fewer ER visits for Medicare Advantage patients in 2023, and a 92% patient satisfaction score.
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The company has no reported revenue from harmful products and is actively transitioning from fee-for-service to value-based care.
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It serves over 900,000 patients across various insurance types, including non-insured patients in California, and 75% of its patients identify as Hispanic/Latino, AAPI, or Black/African American.
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The company discloses risks related to its reliance on government programs and financial health.
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Astrana Health invested $15 million in AI and automation technologies in Q4 2024 and developed a HEDIS engine in 2022.
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It is committed to health equity, with 75% of its patients identifying as minority groups and a focus on culturally competent care.
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The company supports its workforce through professional development programs and competitive compensation, with over 65% female and 90% underrepresented groups in its workforce.
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Preventative care is a strong focus, with over 73% of seniors receiving an Annual Wellness Visit in 2023.
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The company adheres to HIPAA for data protection and has a proprietary technology platform.
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While Astrana Health mentions Orma Health's clinical platform, there is no evidence of practical support or resource allocation for mental health initiatives.
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The company offers professional development reimbursement for employees, but there is no evidence of external health literacy or public health education initiatives.
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Fair Money & Economic Opportunity
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No evidence available to assess Astrana Health Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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The company's CEO pay ratio for 2024 was 354:1, with the CEO receiving $18,242,585 and the median employee earning $51,483.
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No employees are members of a labor union.
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The company measures employee engagement on an ongoing basis, aimed for 80% engagement, and reported a 6% increase in its inclusion score.
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Employees receive medical, dental, and vision insurance, with the company subsidizing a portion of the cost.
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They also offer 100% paid pregnancy and parental leave, mental health resources, and short-term and long-term disability insurance.
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The company's voluntary employee turnover rate is between 50-60% annually, with one review noting a "high turnover rate".
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Fair Trade & Ethical Sourcing
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No specific, concrete data points or metrics related to Fair Trade & Ethical Sourcing, including fair-trade certification, supplier audit frequency, forced/child labor incidents, supply chain traceability, remediation speed, ethical clause coverage, materials risk, or supplier diversity spend, were found in the provided articles for Astrana Health Inc.
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Honest & Fair Business
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No evidence available to assess Astrana Health Inc. on Honest & Fair Business.
Kind to Animals
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No evidence available to assess Astrana Health Inc. on Kind to Animals.
No War, No Weapons
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No evidence available to assess Astrana Health Inc. on No War, No Weapons.
Planet-Friendly Business
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No evidence available to assess Astrana Health Inc. on Planet-Friendly Business.
Respect for Cultures & Communities
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No evidence available to assess Astrana Health Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
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Astrana Health Inc. has not reported any specific data breach incidents or unauthorized data use incidents, with its February 29, 2024, 10-K filing stating the company is not aware of any material cybersecurity threats.
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The company's privacy policy indicates it collects only necessary data and will not sell personal information, but it does not detail specific data minimization practices or retention schedules.
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While the policy mentions releasing information if required by law, no specific details on compliance with regulations like GDPR or CCPA are provided, nor are there any mentions of regulatory actions, violations, or fines.
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Zero Waste & Sustainable Products
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Astrana Health has implemented one small-scale waste reduction initiative by reducing paper use and waste across the organization.
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The company has not incurred any waste disposal violations in the past three years.
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