Aledade recently raised $10 million in additional funding. The funding, which comes from North Carolina-based Mosaic Health Solutions and Washington-based Echo Health Ventures LLC, will go toward backing independent practices based in North Carolina.
The funding compliments other additional funds Aledade has recently raised, including $23 million toward the end of 2017, and $23 million in October 2018. To date, the organization has raised a total of $136 million. Aledade continues to focus its funding on physician-led accountable care organizations, as its CEO, Farzad Mostashari, MD, feels that hospital system-based ACOs lack some incentive to keep health care consumers out of the hospital, as doing so would lead to decreased direct revenue.
Aledade, Inc. provides services to primary care clinical professionals to form and operate accountable care organizations in the United States. The organization’s CEO and co-founder, Farzad Mostashari, MD, has spent his career at the forefront of health care policy and health information technology.
This was reported by hea!thcare innovation on January 28, 2019.
Contact Information: Adelade Inc., 4550 Montgomery Avenue, Suite 950N, Bethesda, Maryland 20814; (202) 803-7979; Website: www.aledade.com