There is an adage that change in healthcare moves at the speed of tectonic plates. The slow adoption of Alternative Payment Models (APMs), the central feature of value-based care, is a good example of constraint despite immense pressure to control costs. Data from 2020 demonstrate almost zero change from 2018 in the proportion of straight Fee-for-Service (FFS) reimbursement. Other results show a slight uptick in APMs with or without downside risk at 34.6 percent. However,
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Aledade Raises $123M to Expand Value-Based Primary Care
What You Should Know: - Aledade, a Bethesda, MD-based provider of value-based primary care raises $123M in Series E funding to support investments in value-based care for more seniors covered by Medicare Advantage (MA) and innovation that improves patient care and increases medical cost savings, including expanded offerings through its new health services subsidiary, Aledade Care Solutions (ACS). Returning investor OMERS Growth Equity led the round, which also included Fidelity Management
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Uber Health Hires First Chief Medical Officer, Aledade’s New CEO, Other Digital Health Appointments
Uber Health, Uber’s healthcare arm, announced its first Chief Medical Officer, Dr. Michael Cantor. Dr. Cantor will enable Uber Health to continue building innovative solutions that address the needs of patients, clinicians, and care coordinators. As a board-certified geriatrician, his experience designing clinical programs for older adults and vulnerable populations gives him unique insights into the most pressing gaps in care–and how technology can provide the flexible solutions needed to
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Aledade Acquires Advance Care Planning Company Iris Healthcare
What You Should Know: - Aledade acquires Iris Healthcare, a provider of advanced care planning solutions for tens of thousands of patients across the country. Financial details of the acquisition were not disclosed. - As Aledade continues to grow exponentially, the company plans to integrate new patient care solutions to help extend the capabilities of its partner primary care practices. When individuals face a serious illness, healthcare becomes central to their life. In a crisis,
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Aledade Secures $100M for Value-Based Primary Care, Reaching $2.1B Valuation
What You Should Know: - Aledade raises $100 Million in Series D funding to help
more primary care practices thrive in value-based care. - The new funding will power the growth of a nationwide network of more than one million patients by further expanding into Medicare Advantage Contracts. Aledade,
a Bethesda, MD-based provider of value-based primary care, today announced it
has closed a $100 million Series D funding round following a year of
significant growth for its national
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Aledade Raises $64M for Value-Based Care Network of Physician-Led ACOs
What You Should Know: - Aledade raises $64M in Series C funding led by OMERS Growth Equity to expand its national network of more than 500 physician-driven accountable care organizations (ACOs) across 27 states. - To date, Aledade’s ACOs care for more than 840,000 patients and manage more than $7.5 billion in health care spending through 38 Medicare and 42 other value-based contracts. Today, Aledade announced
it has closed a $64 million Series C funding round following the
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Aledade, The Physicians Integrated Network Forms Value-Based Care Collaboration in Greater Philadelphia
- Aledade ACOs and the Physicians Integrated Network (TPIN) join forces to improve care coordination, quality of care, and patient health outcomes - Under the value-based care agreement, and TPIN’s leading network of independent specialists have agreed to a care compact and intend to explore additional opportunities for clinical collaboration across all payers. - TPIN’s network is made up of 700 physicians practicing in 24 clinical specialties throughout greater Philadelphia, Delaware
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Aledade Forms Primary Care Physician-Led ACO in New Jersey
Aledade, a leader in value-based care announced it is forming a primary care physician-led Accountable Care Organization (ACO) in New Jersey to deliver high-quality care and better outcomes for the state’s patients. Aledade’s new model of primary care partners with physicians to build and lead ACOs – networks of physicians who band together to deliver high-quality care under a value-based payment structure that rewards positive health outcomes for patients, instead of the volume of health care
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Aledade Launches Primary Care Physician-Led ACO
This week, Aledade announced it is forming a new primary care physician-led Accountable Care Organization (ACO) in Arkansas. The Aledade® Arkansas ACO will be the first of its kind in the state will start initially with ten independent practices consisting of more than 40 providers who provide care to over 12,000 Medicare beneficiaries.The Aledade® Arkansas ACO is supported by local partner the Arkansas Foundation for Medical Care, Inc. (AFMC), a healthcare quality improvement organization that
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