MedCity News June 25, 2023
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.
Aledade, a national network of independent primary care practices, secured $260 million in Series F funding, which it will use to further grow its network and improve its technology, the company recently announced.
The Bethesda, Maryland-based company is a public benefit corporation that helps independent practices, health centers and clinics engage in value-based care. It works with 1,500 practices across 45 states and the District of Columbia, and has more than 150 value-based contracts that cover more than two million patients. The company has supported more...
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