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Aledade acquires Medical Advantage to strengthen healthcare offerings

PRIVATEMay 02, 2024

Acquiring Company

Aledade

Acquired Company

Medical Advantage

BethesdaNoviInformation TechnologyHealthcareHealth CareHealth Care

Description

Aledade, a prominent healthcare technology company, has successfully acquired Medical Advantage. This acquisition enhances Aledade's healthcare offerings and strengthens its position in the industry.

Quick answer

Aledade is acquiring Medical Advantage, announced May 2, 2024. Aledade is based in Bethesda, Maryland, United States.

How much did Aledade pay for Medical Advantage?
The deal value was not disclosed.
What does Aledade do?
Aledade, a public benefit corporation, is the largest network of independent primary care in the country, helping independent practices, health centers and clinics deliver better care to their patients and thrive in..
Where are Aledade and Medical Advantage based?
Aledade is based in Bethesda, Maryland, United States. Medical Advantage is based in Novi, Michigan, United States.
Who are the decision-makers at Aledade?
Fundz holds 4 contacts at Aledade. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Aledade

Location

4550 MONTGOMERY AVENUE

Bethesda, Maryland, United States

About

Aledade, a public benefit corporation, is the largest network of independent primary care in the country, helping independent practices, health centers and clinics deliver better care to their patients and thrive in value-based care. Through its proven, scalable model, which includes cutting-edge data analytics, user-friendly guided workflows, health care policy expertise, strong payer relationships and integrated care solutions, Aledade empowers physicians to succeed financially by keeping people healthy. Together with more than 2,400 practices, federally-qualified health centers and community health centers in 46 states and the District of Columbia, Aledade shares in the risk and reward across more than 200 value-based contracts representing nearly 3.0 million patient lives under management.

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Frequently asked

Who acquired Medical Advantage?

Medical Advantage was acquired by Aledade, based in Bethesda. The deal was reported on May 2, 2024. Aledade is privately held and operates in Information Technology.

When did Aledade acquire Medical Advantage?

Aledade's acquisition of Medical Advantage was reported on May 2, 2024. Aledade, a prominent healthcare technology company, has successfully acquired Medical Advantage. This acquisition enhances Aledade's healthcare offerings and strengthens its position in the industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Medical Advantage do?

With over 25 years of experience collaborating with practices, health plans, and private equity professionals, we have developed customized, actionable solutions to improve quality, better manage costs and implement sustainable growth. It is privately held, operating in Health Care, and is based in Novi.

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