Becker's Healthcare September 22, 2023
Aledade, a healthcare startup co-founded by CEO Farzad Mostashari, MD, in 2014, has grown to become the largest network of independent primary care practices in the country and was recntly valued at $3.5 billion.
In 2022, practices in Aledade’s network brought healthcare spending $572 million below CMS’ targets and is expected to have earned more than $204 million in shared savings payments from the Medicare Shared Savings Program.
The company also had the most successful accountable care organizations in the U.S., according to a Sept. 20 news release. When it came to the top 10 ACOs in the MSSP program by savings rate, Aledade represented 50 percent of the ACOs and 73 percent of the patients.
Practices in Aledade ACOs...