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Ascend Capital Partners Announces Equity Investment In Allied Physicians Group And Adjuvant.Health

PRIVATEJan 30, 2023

Round Type

Venture

MelvilleHealth CareMedicalNon Profit

Investors

Care AboutAdjuvantAscend Capital Partners

Description

Ascend Capital Partners, a healthcare focused private equity partnership, today announced an equity investment in Allied Physicians Group, New York's largest independent provider of pediatric care, and Adjuvant.Health, an innovator in providing physician-led medical practice administration. As part of the investment, CareAbout, a management services organization affiliated with Ascend Capital Partners, will partner with Adjuvant.Health to improve healthcare delivery and clinical quality.

Quick answer

Allied Physicians Group raised an undisclosed amount in a funding round, dated January 30, 2023. Investors: Care About, Adjuvant and Ascend Capital Partners. Allied Physicians Group is based in Melville, Saskatchewan, Canada.

How much did Allied Physicians Group raise?
Allied Physicians Group raised an undisclosed amount in a funding round on January 30, 2023.
Who invested in Allied Physicians Group?
Care About, Adjuvant and Ascend Capital Partners are named as investors in this round.
What does Allied Physicians Group do?
Allied Physicians Group is a partnership of more than 180 dedicated, caring physicians and 650 highly trained support staff serving over 150,000 patients…and we’re growing every day!
Where is Allied Physicians Group based and how big is it?
Allied Physicians Group is based in Melville, Saskatchewan, Canada.

Source: Fundz verified event record.

Who else raised in Medical and Non Profit around the same time

Companies in the same sectors as Allied Physicians Group that raised within 45 days of this round, from Fundz verified event records.

  • Array Behavioral Care raised $25M (Funding Round) on January 9, 2023.
  • Perspectum raised $55M (Series C) on March 16, 2023.
  • OpenLoop raised $15M (Funding Round) on March 16, 2023.
  • Medwing raised $47M (Funding Round) on March 15, 2023.
  • Health Plix raised $22M (Funding Round) on March 15, 2023.
  • Maribel raised $25M (Series A) on March 15, 2023.

Who to call at Allied Physicians Group, and when

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Company Information

Company

Allied Physicians Group

Location

Melville, Saskatchewan, Canada

About

Allied Physicians Group is a partnership of more than 180 dedicated, caring physicians and 650 highly trained support staff serving over 150,000 patients…and we’re growing every day! Support Our partners receive vital assistance with back-end functionality so they can focus on what they do best – delivering exceptional patient care. We offer NCQA/PCMH certification, accounting and financial services, analytical and quality reporting, malpractice support and human resources benefits. In addition, we leverage our strong relationships with insurers for the benefit of all of our practices, allowing them to focus on delivering the best care possible. Innovation Allied Physicians Group is committed to staying at the forefront of all things digital, offering our physicians the most cutting-edge capabilities and technologies. We continually search for new, innovative approaches to the practice of medicine so you don’t have to. Allied’s use of centralized, physician-customized EMR, along with our point-of-care Quality Improvement Program, will allow your practice to become more efficient and provide a higher quality of patient care. One example of the innovation we offer our physicians is through access to Phreesia, the best-in-class digital platform that has re-designed medical office workflow for the 21st century. Phreesia streamlines patient check-in, automates insurance verification, improves collections and gives both physician practices and patients access to customer service 24/7. Collaboration At Allied, we have created an environment where each physicians voice is heard and decisions are made by doctors, not by an outside committee, with consultation from business, management and IT professionals, and executed as the physician deems necessary. This allows us to share best practices, increase efficiencies, share savings and position us, as a whole, more favorably as the industry moves from fee-for-service to quality metrics and pay-for-performance.

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Allied Physicians Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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