HIT Consultant June 21, 2023
Fred Pennic

What You Should Know:

  • Aledade, a Bethesda, MD-based network of independent primary care practices raises $260M in a Series F funding round led by new investor Lightspeed Venture Partners, with participation from Venrock, Avidity Partners, OMERS Growth Equity, and Fidelity Management & Research Company.
  • The new funding will be used to further accelerate the growth of Aledade’s primary care network and strategic alliances with national and regional health plans while continuing to enhance the technology and support the company provides to its partner practices and patients. Additionally, Aledade is continuing its momentum by welcoming two new members of its Board of Directors and a senior executive to lead its Medicare Advantage business.

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Topics: ACO (Accountable Care), Investments, Payment Models, Primary care, Provider, Trends, Value Based
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