Aledade raises $20M

What does Aledale do?

Aledale, is a national leader in value based care. It is a new company with an old fashioned goal of placing doctors back in control of healthcare. The company partners with primary care physicians for providing everything the doctors require for creating and running an ACO- Accountable Care Organization- from practice transformation services and business for upfront capital and cutting edge tech platform. Its personalized solutions and its constant on the ground support of its physician partners, will help doctors in all kinds of communities across the country preserve their autonomy, delivering better patient care, reducing overall expenditure and keeping independent physician practices going well.

How much Aledale was funded?

The company raised $20M in Series C on January 10, 2017 from ARCH Venture Partners, Maryland Venture Fund, Venrock, Biomatics Capital and GV

Previous funding

$4.5M in Series A on June 18, 2014 from Venrock

$30M in Series B on June 15, 2015 on Venrock and ARCH Venture Partners

What is next for Aledale?

Aledale plans on using the latest funding raised for accelerating its efforts for growing its provider network and for expanding partnerships with commercial and Medicare Advantage health plans.  Its ACOs are at the forefront of the shift for value based reimbursement across private and public payer health care markets. The company now includes over 200 independent, physician practices across 15 states. The company has expanded its payment contracts with commercial and public payers

More about Aledale

Aledale was founded in 2014 by Farzad Mostashari. It has its headquarters in Bethesda, MD.  The company offers a new primary care model by partnering with physicians for building and leading ACOs. This platform operates under a value based payment structure which rewards positive health outcomes for patients. The company is leading the wat in the shift for value based healthcare.