ZombieHealthcare
What Happened to P3 Health Partners?
Ticker: PIIISPAC Year: 2021Merger: 2021
Return
-69.7%
Current Price
$3.03
Peak Price
$836.5
Trust Size
$684M
Summary
P3 Health Partners is a patient-centered, physician-led population health management company focused on value-based care for Medicare beneficiaries.
What Happened
P3 Health Partners went public in December 2022 through a merger with Foresight Acquisition Corp. The company partners with physicians to manage care for Medicare Advantage patients across multiple states, using a value-based care model that emphasizes preventive health. P3 has faced challenges scaling its model profitably and has reported going concern warnings while trying to grow its patient base.
Timeline
2021-02-02
S-1 Registration Filed
2021-10-28
Merger Proxy Filed (DEFM14A)