P3 Health Partners, Commonwealth Primary Care Form JV For ACO Lines Of Businesses To Expand Value-Based Care, Enhance Support For Primary Care Physicians Throughout Arizona, California, Nevada, Oregon, and North Carolina

P3 Health Partners ("P3") (NASDAQ: PIII) and Commonwealth Primary Care ACO (Commonwealth) recently announced the formation of a Joint Venture Management Services Organization (MSO) for its ACO lines of business designed to expand value-based care and enhance support for primary care physicians across Arizona, California, Nevada, Oregon, and North Carolina.

This partnership brings together two highly aligned organizations with a shared belief in the power of primary care, including independent physicians, and a proven record of success in value-based models. The joint venture also expands P3's footprint into Maricopa County, Arizona, strengthening the company's presence in a key growth market. By combining P3's strengths in Medicare Advantage, ACO, and delegated risk with Commonwealth's successful ACO REACH program, the JV creates a unified operational platform to better serve physicians and beneficiaries.