P3 Health Partners Inc.PIII
What P3 Health Partners Inc. does.
We were incorporated in Delaware as Foresight Acquisition Corp. (“Foresight”) on August 20, 2020. On December 3, 2021 (the “Closing Date”), we completed the Business Combinations (defined and discussed more fully below) with P3 Health Group Holdings, LLC, a Delaware limited liability company (“P3 Health Group Holdings”) and we changed our name to P3 Health Partners Inc. Following the Business Combinations, we are organized in an “Up-C” structure, in which P3 Health Partners Inc. is the sole manager of P3 Health Group, LLC and directly owns approximately 46% of P3 Health Group, LLC as of December 31, 2025. Substantially all of the Company’s assets are held and operations are conducted by P3 LLC and its subsidiaries, and the Company’s only assets are equity interests in P3 LLC.
The Business Combinations were effected pursuant to (1) an agreement and plan of merger, dated as of May 25, 2021 (as amended, the “Merger Agreement”), by and among Foresight, P3 Health Group Holdings and Merger Sub, and (2) the transaction and combination agreement, dated as of May 25, 2021 (as amended, the “Transaction and Combination Agreement”), by and among Foresight, the Merger Corps, the Blockers, and the Blocker sellers (each term as defined in the Transaction and Combination Agreement), pursuant to which, among other things, P3 Health Group Holdings merged with and into Merger Sub (the “P3 Merger”), with Merger Sub as the surviving company, which was renamed P3 LLC, and the Merger Corps merged with and into the Blockers, with the Blockers as the surviving entities and wholly owned subsidiaries of Foresight (collectively, the “Business Combinations”).
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $491.1M | — | $1.0B | $1.3B | $1.5B | $1.5B |
| Net income | -$31.4M | — | -$270.1M | -$57.8M | -$135.8M | -$147.9M |
| Free cash flow | -$27.5M | — | -$128.3M | -$77.9M | -$110.1M | — |
More on PIII.
- P3 Health Partners Inc. summary
- P3 Health Partners Inc. financial statements
- P3 Health Partners Inc. key metrics
- P3 Health Partners Inc. health scores and style box
- P3 Health Partners Inc. earnings
- P3 Health Partners Inc. dividends
- P3 Health Partners Inc. valuation
- P3 Health Partners Inc. ownership and insiders
- P3 Health Partners Inc. peers
Figures from P3 Health Partners Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.