Aledade

What Aledade does

Aledade is a physician-led value-based care enablement company founded in 2014 by Dr. Farzad Mostashari, former National Coordinator for Health IT at HHS. The company partners with 3,000+ independent primary care practices, community health centers, health systems, and health plans to form and operate Accountable Care Organizations (ACOs) participating in the Medicare Shared Savings Program and commercial value-based contracts. Aledade ACOs serve approximately 3 million Medicare patients across 46 states and the District of Columbia, representing roughly 11% of all MSSP beneficiaries and generating nearly 20% of the program's shared savings in the most recent performance year.

Aledade's core technology offering is an AI-driven platform that aggregates hospital, lab, pharmacy, and claims data from over 6,000 sources, integrating with 100+ EHR and practice management systems to surface patient-specific insights at the point of care. Key products include the Aledade App (care gap prioritization and prioritized outreach), Aledade Assist (an EHR overlay integrating Doximity's ambient notetaking and clinical AI tools), and supplementary modules for nurse-led remote patient monitoring and two-way patient texting. An internal cross-functional AI Governance Committee oversees vendor selection, algorithmic bias, and data vulnerabilities across AI use cases.

Aledade operates on an outcome-based revenue model, earning a share of the shared savings generated when partner ACOs reduce healthcare spending below CMS benchmarks while meeting quality thresholds. In 2024, 93% of Aledade ACOs achieved shared savings versus 73% of non-Aledade ACOs nationally, generating $775 million in total shared savings payments averaging approximately $390,000 per practice. The company reached $1 billion in revenue in 2025, was valued at $3.5 billion following its 2023 Series F led by Lightspeed Venture Partners, and subsequently secured a $500 million senior secured credit facility from Ares Commercial Finance in late 2025 to support continued scaling, acquisitions, and geographic expansion.

Name

Aledade

Legal name

Aledade, Inc.

Website

https://aledade.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Aledade is a physician-led value-based care company operating ACOs with 3,000+ primary care partners serving 3 million patients across 46 states. Its AI-driven platform aggregates data from 6,000+ sources and integrates with 100+ EHRs to generate shared savings under Medicare and commercial contracts.

Ownership category

akta.pro rank

Product category

Value-Based Care Enablement

NAICS

Offices of Physicians (62111)

SIC

Services-Health Services (8000), Hospital & Medical Service Plans (6324)

akta.pro primary industry

Care Management & Coordination Platforms (case/disease management workflows) (HLACAHAD)

akta.pro secondary industry

Care Management & Population Health Program Administration (HLAEALAG)

Keywords

• Value-based care enablement
• Accountable care organizations
• Primary care network
• Population health management
• Chronic care management

Headquarters

HQ city

Bethesda

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Medicare Shared Savings Program (MSSP) ACO Shared Savings: Aledade's primary revenue model involves forming and operating Accountable Care Organizations (ACOs) that participate in the CMS Medicare Shared Savings Program. Aledade ACOs earn shared savings payments when they reduce healthcare spending below benchmarks while meeting quality thresholds. 93% of Aledade ACOs achieved shared savings in 2024, generating $775M in total shared savings payments and $320M returned to taxpayers. Aledade ACOs earned approximately $390,000 in shared savings per practice on average in 2024.
2. Commercial Value-Based Care Contracts: ACOs work across commercial insurers in addition to Medicare, with Aledade serving as a partner for practices seeking to implement value-based care contracts across all payer types. ACOs aren't just Medicare—they encompass all commercial insurers.
3. Medicare Advantage Value-Based Care: Aledade actively grows Medicare Advantage operations, with the company targeting seniors covered by Medicare Advantage through its ACO enablement services. Strategic growth area supported by Series F funding.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Aledade forms and operates physician-led Accountable Care Organizations (ACOs) that enable independent primary care practices, community health centers (FQHCs), health systems, and health plans to participate in the Medicare Shared Savings Program and commercial value-based care contracts. The company provides an AI-driven technology platform (Aledade App and Aledade Assist EHR overlay) that aggregates data from more than 6,000 sources and integrates with 100+ EHRs, along with practice transformation support, shared-savings administration, remote patient monitoring, and a Community Health Center Center of Excellence.

Product overview

Aledade is a physician-led value-based care company offering a unified platform-plus-services model centered on accountable care organizations (ACOs). The core offering consists of Aledade ACOs, which provide actionable insights and expert support for clinicians, complemented by the Aledade App (point-of-care data surfacing and outreach prioritization) and Aledade Assist (EHR overlay integrating clinical AI from Doximity). Additional modules include patient engagement support with automated communications and two-way texting for medication adherence. The technology platform aggregates data from over 6,000 sources including hospital, lab, pharmacy, and claims data, integrates with 100+ EHRs and practice management systems, and applies AI-driven insights to identify care gaps, predict patient risk, and optimize preventive care workflows.

Differentiator

Problem solved

Functional benefit

Brands

• Aledade Assist: EHR overlay platform that brings value-based care data and clinical insights directly into physician workflows
• Al
• Aledade Plus
• CHC Center of Excellence
• Population Health Management Platform

Products and services

• Aledade ACO (Accountable Care Organization) Physician-led Accountable Care Organizations enabling independent primary care practices, community health centers, health systems, and health plans to participate in the Medicare Shared Savings Program and commercial value-based care contracts, generating shared savings revenue when ACOs reduce healthcare spending below benchmarks while meeting quality thresholds.
• Aledade App Web and mobile application that surfaces key patient data at the point of care, prioritized outreach, and care opportunities. Aggregates hospital, lab, pharmacy, and claims data and provides automated patient outreach solutions for ACO partners.
• Aledade Assist EHR overlay platform that accesses data and clinical insights directly within existing physician workflows. Integrates Doximity's HIPAA-compliant Clinical AI Suite including ambient notetaking (Scribe) and clinical AI assistant (Ask) for documentation and clinical decision-making in value-based care settings.
• Aledade Plus Advanced care planning services offered by Aledade to support ACO partners and their patients.
• Community Health Center Center of Excellence Dedicated value-based care enablement program for Federally Qualified Health Centers and Community Health Centers, providing Collaborative Learning Networks, state-based hypertension collaboratives (e.g., Mississippi CHC Blood Pressure Collaborative), and specialized population health resources.

Quantifiable outcome

• Aledade ACOs achieved $1 billion+ in total healthcare savings in the most recent MSSP performance year, with 93% earning shared savings vs. 73% nationally
• +8 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability8 records

Feature8 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• American Academy of Family Physicians (AAFP)minorStrategic or Co-development Partner · 26 May 2026AAFP launched the Primary Care Innovation Network (PCIN) and Advisory Committee with representatives from major technology and healthcare companies including Aledade. The initiative aims to shape responsible AI deployment in primary care through webinars, hackathons, research, and national convenings. Aledade participates as a member of the inaugural advisory committee.
• DoximitycoreTechnology or Integration · 13 May 2026Doximity partnered with Aledade to integrate its HIPAA-compliant Clinical AI Suite, including ambient notetaking tool Scribe and clinical AI assistant Ask, into Aledade Assist—an EHR overlay platform for value-based care settings. The partnership aims to help independent physicians save time with customizable AI documentation and evidence-backed clinical search tools within a single workflow. Aledade brings a decade of patient-level data and a national network of primary care clinicians to scale Doximity's AI tools across practices.
• Centers for Medicare & Medicaid Services (CMS)coreStrategic or Co-development Partner · 16 April 2026CMS approved Aledade's participation in the Advancing Chronic Care with Effective, Scalable Solutions (ACCESS) Model as a technology and service partner to its ACOs. The 10-year program launches July 2026, focusing on Cardio-Kidney-Metabolic conditions including hypertension and diabetes through cellular-enabled devices, pharmacist-led medication counseling, and AI-driven care management tools for Medicare beneficiaries.
• National Committee for Quality Assurance (NCQA)minorStrategic or Co-development Partner · 6 March 2026Aledade was selected as one of four participants in NCQA's Advanced Primary Care Pilot Program alongside Bluegrass Community Health Center, Jefferson Health, and NYC Health + Hospitals. The pilot evaluates draft standards emphasizing population health, behavioral health integration, care coordination, and data-driven decision-making through real-world testing.
• Community Health Center Association of Mississippi (CHCAMS)coreStrategic or Co-development Partner · 1 January 2026Aledade partnered with CHCAMS (Mississippi's HRSA-funded Primary Care Association) and Mississippi Health Safe Net (HCCN) to facilitate the Mississippi CHC Blood Pressure Collaborative. The collaborative brought together 10 Mississippi CHCs to improve hypertension control rates through peer-to-peer learning and best practice sharing.
• CCA Holding Company, Inc.coreStrategic or Co-development Partner · 24 June 2025Aledade acquired the Michigan-based value-based care operations of CCA Holding Company, Inc., including an Accountable Care Organization and Physician Organization in Southeast Michigan. The acquisition expanded Aledade's support for independent primary care practices in Michigan to over 1,500 physician partners across the state.
• HumanacoreStrategic or Co-development Partner · 20 March 2025Aledade and Humana expanded their value-based care partnership to support Federally Qualified Health Centers and Rural Health Clinics in addition to independent practices. The expanded agreement extends their existing value-based care relationship to address the unique needs of medically underserved communities, with Humana's value-based care model covering significant Medicare Advantage membership under Oraida Roman's leadership.
• Forvis MazarsminorImplementation/ SI/ Consulting Partner · 1 January 2025Forvis Mazars partners with Aledade to deliver monthly webinars for the CHC Billing and Coding Collaborative Learning Network, addressing challenges and exchanging solutions concerning attribution, annual wellness visits, transitional care management, and documentation.
• Medical AdvantagecoreStrategic or Co-development Partner · 1 May 2024Aledade acquired Medical Advantage, a Michigan-based healthcare management and analytics company, expanding its value-based care network in Michigan from 35 to approximately 700 physician partnerships. The acquisition enhanced Aledade's capabilities in healthcare management and analytics while supporting independent primary care practices in Michigan to participate in value-based care arrangements.
• CuriacoreStrategic or Co-development Partner · 20 February 2023Aledade acquired Curia, a provider of AI-driven value-based care analytics, to enhance its healthcare system offerings. The deal integrated Curia's technology into Aledade's core services, helping primary care practices deliver better targeted care and reduce costs.

Scale indicators24 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• agilon health: agilon health partners with primary care physicians to enable value-based care through Medicare Advantage and ACO arrangements. It is the closest direct competitor to Aledade in the physician-led, senior-focused VBC enablement space, with a similar shared-savings-style economic model.
• Privia Health: Privia Health enables independent primary care and specialist physician practices through technology, population health tools, and value-based care contracts. It directly competes with Aledade for independent practice enablement, especially in ACO and MSSP-style arrangements.
• Evolent Health: Evolent Health partners with health plans and providers to deliver value-based care, specialty care management, and ACO enablement services. It competes with Aledade in the population health management and VBC infrastructure layer, particularly with payer-side partners.
• Wellvana: Wellvana is a value-based care enablement platform that partners with independent primary care practices to manage ACO and Medicare Advantage contracts. It is an emerging direct competitor pursuing the same physician-led ACO model as Aledade.

Emerging players

• Pearl Health: Pearl Health provides technology and services to primary care physicians participating in MSSP and ACO REACH. While smaller and more focused on physician enablement software, it overlaps with Aledade's ACO enablement offering and target market.
• P3 Health Partners: P3 Health Partners is a value-based care company focused on Medicare Advantage populations, partnering with primary care providers. It overlaps with Aledade's senior-focused ACO/MA enablement, though it is smaller and primarily serves the MA population.

Broad incumbents

• VillageMD: VillageMD (backed by Walgreens Boots Alliance) operates value-based primary care clinics and enablement services for independent practices. It competes with Aledade for both physician partners and risk-bearing contracts, with significantly broader capital backing.
• Oak Street Health (CVS Health): Oak Street Health (now part of CVS Health) operates a value-based primary care clinic network focused on Medicare beneficiaries. While it owns clinics rather than enabling independent practices, it competes for the same value-based senior patient population and payer relationships.
• One Medical (Amazon Health Services): One Medical (acquired by Amazon) offers membership-based primary care with technology-enabled services. While its model is more consumer/DTC-focused, it competes for primary care physician talent and value-based care partnerships, particularly in commercial and senior segments.

Others

• Castlight Health: Castlight Health provides digital health navigation and analytics platforms for health plans and employers. While not a direct ACO enabler, it overlaps with Aledade in the population health analytics and value-based care infrastructure ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aledade-inc-
• Xx.com/aledadeaco
• Facebookfacebook.com/AledadeACO

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries3 records

Funding overview

Funding rounds10 records

Investors17 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aledade