What You Should Know:
– Aledade, the nation’s leading network of independent primary care practices, announced today the acquisition of Michigan-based Medical Advantage.
– This strategic acquisition further solidifies Aledade’s position as the preeminent Accountable Care Organization (ACO) network and a driving force in value-based care.
Expanding Physician Partnerships in Michigan
The acquisition significantly expands Aledade’s network in Michigan, bringing the number of partnered physicians from 35 to roughly 700. This strengthens Aledade’s ability to deliver high-quality, value-based care to a wider patient population across the state.
Preserving Physician Choice and Value-Based Opportunities
Importantly, Aledade will maintain Medical Advantage’s standing as a physician organization, allowing it to participate in value-based care arrangements with various payers, including the prominent Blue Cross Blue Shield of Michigan. This ensures continued flexibility and choice for both physicians and patients.
“This is the merger of two organizations dedicated to doing what’s good for patients, practices and society,” said Farzad Mostashari, M.D., co-founder and CEO of Aledade. “Working together, we can help more independent primary care practices in Michigan not only to participate, but succeed, in value-based care. This partnership means more Michigan primary care physicians will have support in doing what they do best – keeping Michiganders healthy.”