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Aledade
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Aledade Rakes in $260M for Primary Care Network
Aledade’s $260 million financing round was led by Lightspeed Venture Partners, a new investor of the company. It also included participation from Venrock, Avidity Partners, OMERS Growth Equity and Fidelity Management and Research Company.
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CareFirst BCBS, Aledade Partner to Support Primary Care Physicians
CareFirst’s in-network practices will have access to support from Aledade’s specialists. This includes on-site coaching and regulatory and policy expertise. In addition, they’ll have access to Aledade’s population health management platform, which is integrated with more than 100 electronic health records.
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Payer’s Place: Dr. Anil Singh
Dr. Anil Singh shares his insights into the strategies employed by the organization to identify the most effective digital solutions for their members.
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Aledade, Humana Strike 10-Year VBC Collaboration
Aledade — an independent primary care network focused on value-based care — struck a 10-year partnership with insurer Humana. Under the collaboration, Humana’s Medicare Advantage members will receive primary care from Aledade physicians using value-based arrangements.
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Aledade Acquires Curia, Adds More Than 450 Primary Care Practices to Network
By adding 450 primary care practices to its network, the company claims to be the largest network of independent primary care. In total, the company now works with more than 1,500 independent primary care practices and health centers and has more than 150 value-based contracts across Medicare, Medicare Advantage, Medicaid and commercial plans.
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Pearl Health Rakes In $75M to Enable More Physician Participation in VBC
Pearl Health — a technology company that helps independent physician practices participate in value-based care models — just raised $75 million in Series B financing. Pearl’s platform leverages data science to help primary care providers focus on patients who are driving expenses and need care the most.
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Aledade says its VBC network has saved practices $1.2B over 8 years
Aledade said that its value-based care network has helped save the U.S. healthcare system save more than $1.2 billion over the past eight years. A primary care physician at an accountable care organization that works with Aledade testified that being a part of the network has yielded significant shared savings that have led to better care outcomes, such as lower re-hospitalization rates.
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Aledade rakes in $123M to advance Medicare Advantage partnerships, grow subsidiary
Aledade, a startup that partners with independent practices to establish accountable care organizations, raised $123 million in a Series E funding round. The company plans to use the money to advance its partnerships with Medicare Advantage plans and add solutions to its new healthcare services subsidiary.
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How AI almost led Dr. Farzad Mostashari down the wrong path on health equity
In a virtual panel discussion about public and population health at J.P. Morgan’s annual conference, the CEO of Aledade shared how the quest for efficiency in a world of harried physicians’ practices almost led Aledade to use a flawed ML algorithm to engage at-risk patients of those practices.
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Aledade snags $100M to grow Medicare Advantage partnerships, invest in tech
The company partners with independent practices, health centers and clinics to establish primary care-focused accountable care organizations.
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Discover the Next-Gen Platform for Integrated Collaborative Care
Beyond EHRs and digital front doors, reducing the gaps in patient care journeys.
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StartUPDATES: New developments from healthcare startups
This week, check out news from healthcare startups including Spry Health, Heal Co, and more.
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Health IT, Startups, Health Services
ACO-builder Aledade raises $64M
Aledade, a health IT company founded by former national health IT coordinator Dr. Farzad Mostashari, raised $64 million in funding. Aledade operates ACOs with more than 550 independent physician practices.
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Deals roundup: Optum acquires surgical group, Aledade lands $20M
UnitedHealthGroup’s OptumCare subsidiary is acquiring Surgical Care Affiliates for $2.3 billion, Takeda is ponying up $5.2 billion to acquire Ariad Pharmaceuticals, while Aledade closed on a $20 million funding round.
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Mostashari: FAH lawsuit threat neutered Meaningful Use (updated)
The culprit, in Mostashari’s view, was the Federation of American Hospitals, representing for-profit hospital companies.
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Mostashari’s Aledade hires ex-ONC interoperability guru Galvez
Erica Galvez, who led development of the federal government’s Shared Nationwide Interoperability Roadmap, has rejoined a former boss in the private sector.
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From hacking infusion pumps to pregnancy screening for genetic diseases: 5 must-read stories from MedCity News this week
This week, MedCity News covered a range of subjects, including hacking infusion pumps, pregnancy screening for genetic diseases, wearables to manage neurological disorders and the Feds trying to access Lance Armstrong’s medical records.