Aledade secures $100M to grow Medicare Advantage partnerships

Bethesda, Md.-based Aledade, an organization that helps independent physicians band together to create ACOs, said Jan. 19 that it closed a $100 million funding round. 

Advertisement

Aledade intends to use the additional funding to expand its value-based care model with health plans across the country, with a focus on partnerships with Medicare Advantage plans. Aledade currently serves about 100,000 patients in Medicare Advantage contracts.

To date, Aledade has struck partnerships with nearly 800 independent primary care practices and more than 7,800 providers across 31 states. Aledade practices manage about $12 billion in healthcare spending for roughly 1.2 million patients.

Read more here.

More articles on payers:
Cigna to suspend donations to lawmakers who ‘supported violence’ at Capitol
Cigna wins $5.8M in false claims case
What will Medicaid work requirements look like under Biden?

Advertisement

Next Up in Uncategorized

  • Robert Mach was appointed CEO of Schoolcraft Memorial Hospital in Manistique, Mich., effective Aug. 15. Mr. Mach brings a wealth…

  • Nashville, Tenn.-based HCA Healthcare, the largest health system in the country, is seeking finance chiefs at four of its hospitals. …

  • As more complex, higher-acuity surgeries continue to shift from inpatient hospitals to lower-cost outpatient settings, a growing number of health…

Advertisement

Comments are closed.