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Remedy Partners

Full company profile

uuid0002z25

Namestring
Remedy Partners
Legal namestring
CVS Accountable Care
Company typeenum
Private
Founded yearint
2011
Descriptiontext

Remedy Partners is a healthcare technology and services company founded in 2011 and headquartered in Norwalk, Connecticut. Originally an independent value-based care enabler, the company built its business around CMS bundled-payment and accountable-care programs, including the Medicare Shared Savings Program (MSSP) and ACO REACH. It raised approximately $96 million in venture funding between 2012 and 2015, with Bain Capital Ventures leading the largest disclosed round of $60 million in November 2015. In 2013, the company acquired Remedy Systems to broaden its bundled-payment capability stack.

Following its acquisition, Remedy Partners now operates as a strategic subsidiary of CVS Health under the doing-business-as name 'CVS Accountable Care.' Its legal entity name is 'CVS Accountable Care.' The combined entity serves as the operating vehicle for CVS Health's accountable-care programs, linking participating hospitals, physician groups, and post-acute providers into risk-bearing arrangements that tie reimbursement to episode-level cost and quality outcomes. Customers are predominantly healthcare provider organizations (acute hospitals, post-acute providers, and physician practices) participating in Medicare shared-savings and bundled-payment contracts administered through CMS. The broader operating scope spans Home & Community Care within CVS Health, supported by a deep executive bench including shared COO, CTO, Chief Product Officer, CIO, CMO, CSO, CFO/Admin, and Chief Revenue Officer roles.

The business model historically generated revenue through administrative/management fees and shared-savings percentages on risk-bearing contracts with provider participants and CMS. Following integration with CVS Health, revenue flows are increasingly consolidated inside the parent's accountable-care segment. In March 2025, CVS Health announced changes — including scaling back parts of the MSSP business and the ACO REACH program — signaling a contraction or refocusing of the subsidiary's core program footprint.

Short descriptiontext

Remedy Partners (DBA CVS Accountable Care) is a Norwalk, Connecticut-based healthcare technology and services company that runs CMS accountable-care and bundled-payment programs for hospitals, physicians, and post-acute providers as a subsidiary of CVS Health.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersDarien, United States
HQ citystring
Darien
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
value-based care, accountable care organization, bundled payment programs, population health management, episodes of care
Industry4 codes
1Value-Based Contracting Analytics (ACO/MSSP/MA, shared savings/risk)
CodeHLACAHAAPrimaryYes
2Care Management & Coordination Platforms (case/disease management workflows)
CodeHLACAHADPrimaryNo
3Post-Acute, Transitional Care & Readmissions Virtual Programs (Payer-Sponsored)
CodeHLALACAGPrimaryNo
4Medicare Plan Administration & Third-Party Services (TPA/BPO, Enrollment, Billing)
CodeFSAIAGAIPrimaryNo
NAICS code2 codes
  • Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds524292
  • Home Health Care Services62161
SIC code2 codes
  • Hospital & Medical Service Plans6324
  • Services-Health Services8000
Product category
Value-Based Care and Accountable Care Organization Services
Cost components4 values
Personnel, Technology or R&D, Operations, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Remedy Partners operates value-based care programs, including the Medicare Shared Savings Program (MSSP) and ACO REACH program, providing bundled payment analytics, population health management, and accountable care organization services to healthcare providers and post-acute care partners. The company aligns providers around shared-savings and risk-bearing arrangements to reduce episode-based costs while improving quality of care. It now operates under the DBA CVS Accountable Care™ as part of CVS Health's accountable care strategy.

Differentiator
Functional benefit
Problem solved
Product and service3 records
1Medicare Shared Savings Program (MSSP)
CategoryValue-based care accountable care organization services
Description

A Medicare Shared Savings Program accountable care offering run by Remedy Partners (operating as CVS Accountable Care™) for healthcare providers seeking to participate in shared-savings arrangements with CMS. It bundles ACO administration, quality reporting, and population health management for attributed Medicare beneficiaries.

2ACO REACH Program
CategoryValue-based care accountable care organization services
Description

An ACO REACH (Realizing Equity, Access, and Community Health) program operated by CVS Accountable Care™ that enables providers to participate in risk-bearing arrangements targeting Medicare beneficiaries, with a focus on health equity and access. Remedy Partners administers the program, including provider enablement, payment, and equity-focused reporting.

3Bundled Payment and Episode-of-Care Programs
CategoryValue-based care bundled payment services
Description

Episode-of-care bundled payment programs that align hospitals, physicians, and post-acute care providers around fixed reimbursement for defined clinical episodes. Remedy Partners provides analytics, provider network coordination, and payment administration for participating providers.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Aledade partners with independent primary care physicians in MSSP, ACO REACH, and other risk-bearing models. Direct competitor to CVS Accountable Care for ACO formation and shared-savings contracts.

TypeDirect peer
Description

Agilon Health partners with primary care physicians to take full risk in Medicare Advantage and ACO REACH. Direct peer in value-based care enablement for senior populations.

TypeDirect peer
Description

Evolent Health provides value-based specialty care enablement, including oncology, cardiology, and ACO support services, overlapping directly with Remedy's provider enablement and risk-bearing offerings.

TypeDirect peer
Description

Privia Health is a physician enablement company operating in value-based care arrangements including MSSP and ACO REACH, with overlapping provider partners and risk-bearing contracts.

TypeEmerging player
Description

Vytalize Health enables primary care practices in MSSP and ACO REACH risk arrangements. Comparable ACO enablement model with a focus on independent practices.

TypeBroad incumbent
Description

Optum is the largest value-based care and ACO enablement platform in the US, including Optum Care and risk-bearing physician groups. Overlaps with Remedy in MSSP/ACO REACH operations at massive scale.

TypeDirect peer
Description

Astrana Health is a value-based, risk-bearing physician network operating in MSSP and other Medicare risk arrangements, making it a direct population-health-management peer.

TypeBroad incumbent
Description

Oak Street Health, now a CVS Health subsidiary, operates value-based primary care clinics serving Medicare beneficiaries — a sister business to CVS Accountable Care that shares the same parent and risk-bearing strategy.

TypeBroad incumbent
Description

Signify Health, owned by CVS, provides in-home health evaluations and provider enablement for value-based care. A sibling asset within CVS Health supporting care management and risk adjustment.

TypeEmerging player
Description

Cano Health operates value-based primary care centers for Medicare beneficiaries, with comparable MSSP/MA risk-bearing exposure to senior populations.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles15 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Remedy Partners

Value-Based Care and Accountable Care Organization Servicesremedypartners.com

Remedy Partners (DBA CVS Accountable Care) is a Norwalk, Connecticut-based healthcare technology and services company that runs CMS accountable-care and bundled-payment programs for hospitals, physicians, and post-acute providers as a subsidiary of CVS Health.

What Remedy Partners does

Remedy Partners is a healthcare technology and services company founded in 2011 and headquartered in Norwalk, Connecticut. Originally an independent value-based care enabler, the company built its business around CMS bundled-payment and accountable-care programs, including the Medicare Shared Savings Program (MSSP) and ACO REACH. It raised approximately $96 million in venture funding between 2012 and 2015, with Bain Capital Ventures leading the largest disclosed round of $60 million in November 2015. In 2013, the company acquired Remedy Systems to broaden its bundled-payment capability stack.

Following its acquisition, Remedy Partners now operates as a strategic subsidiary of CVS Health under the doing-business-as name 'CVS Accountable Care.' Its legal entity name is 'CVS Accountable Care.' The combined entity serves as the operating vehicle for CVS Health's accountable-care programs, linking participating hospitals, physician groups, and post-acute providers into risk-bearing arrangements that tie reimbursement to episode-level cost and quality outcomes. Customers are predominantly healthcare provider organizations (acute hospitals, post-acute providers, and physician practices) participating in Medicare shared-savings and bundled-payment contracts administered through CMS. The broader operating scope spans Home & Community Care within CVS Health, supported by a deep executive bench including shared COO, CTO, Chief Product Officer, CIO, CMO, CSO, CFO/Admin, and Chief Revenue Officer roles.

The business model historically generated revenue through administrative/management fees and shared-savings percentages on risk-bearing contracts with provider participants and CMS. Following integration with CVS Health, revenue flows are increasingly consolidated inside the parent's accountable-care segment. In March 2025, CVS Health announced changes — including scaling back parts of the MSSP business and the ACO REACH program — signaling a contraction or refocusing of the subsidiary's core program footprint.

Remedy Partners firmographics

Firmographics
Name
Remedy Partners
Legal name
CVS Accountable Care
Website
https://remedypartners.com
Company type
Private
Founded year
2011
Operating status
Operating
Headcount range
251–500 employees
Short description
Remedy Partners (DBA CVS Accountable Care) is a Norwalk, Connecticut-based healthcare technology and services company that runs CMS accountable-care and bundled-payment programs for hospitals, physicians, and post-acute providers as a subsidiary of CVS Health.
Ownership category
akta.pro rank

Remedy Partners industry classification

Industry
Product category
Value-Based Care and Accountable Care Organization Services
NAICS
Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Home Health Care Services (62161)
SIC
Hospital & Medical Service Plans (6324), Services-Health Services (8000)
akta.pro primary industry
Value-Based Contracting Analytics (ACO/MSSP/MA, shared savings/risk) (HLACAHAA)
akta.pro secondary industries
Care Management & Coordination Platforms (case/disease management workflows) (HLACAHAD), Post-Acute, Transitional Care & Readmissions Virtual Programs (Payer-Sponsored) (HLALACAG), Medicare Plan Administration & Third-Party Services (TPA/BPO, Enrollment, Billing) (FSAIAGAI)

Keywords

  • Value-based care
  • Accountable care organization
  • Bundled payment programs
  • Population health management
  • Episodes of care

Where Remedy Partners is headquartered

Location

Headquarters

HQ city
Darien
HQ country
United States
HQ region
North America

Markets served

Remedy Partners business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales

Remedy Partners product offering

Product offering

Core offering

Remedy Partners operates value-based care programs, including the Medicare Shared Savings Program (MSSP) and ACO REACH program, providing bundled payment analytics, population health management, and accountable care organization services to healthcare providers and post-acute care partners. The company aligns providers around shared-savings and risk-bearing arrangements to reduce episode-based costs while improving quality of care. It now operates under the DBA CVS Accountable Care™ as part of CVS Health's accountable care strategy.

Differentiator

Problem solved

Functional benefit

Products and services

  • Medicare Shared Savings Program (MSSP) A Medicare Shared Savings Program accountable care offering run by Remedy Partners (operating as CVS Accountable Care™) for healthcare providers seeking to participate in shared-savings arrangements with CMS. It bundles ACO administration, quality reporting, and population health management for attributed Medicare beneficiaries.
  • ACO REACH Program An ACO REACH (Realizing Equity, Access, and Community Health) program operated by CVS Accountable Care™ that enables providers to participate in risk-bearing arrangements targeting Medicare beneficiaries, with a focus on health equity and access. Remedy Partners administers the program, including provider enablement, payment, and equity-focused reporting.
  • Bundled Payment and Episode-of-Care Programs Episode-of-care bundled payment programs that align hospitals, physicians, and post-acute care providers around fixed reimbursement for defined clinical episodes. Remedy Partners provides analytics, provider network coordination, and payment administration for participating providers.

Companies that use Remedy Partners

Customer profile

Ideal customer profiles1 record

Remedy Partners technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Remedy Partners partnerships and signals

Strategic signal

Recent moves6 records

Expansion highlights3 records

Remedy Partners competitors and assessment

Company assessment

Direct peers

  • Aledade: Aledade partners with independent primary care physicians in MSSP, ACO REACH, and other risk-bearing models. Direct competitor to CVS Accountable Care for ACO formation and shared-savings contracts.
  • Agilon Health: Agilon Health partners with primary care physicians to take full risk in Medicare Advantage and ACO REACH. Direct peer in value-based care enablement for senior populations.
  • Evolent Health: Evolent Health provides value-based specialty care enablement, including oncology, cardiology, and ACO support services, overlapping directly with Remedy's provider enablement and risk-bearing offerings.
  • Privia Health: Privia Health is a physician enablement company operating in value-based care arrangements including MSSP and ACO REACH, with overlapping provider partners and risk-bearing contracts.
  • Astrana Health (formerly Apollo Medical Holdings): Astrana Health is a value-based, risk-bearing physician network operating in MSSP and other Medicare risk arrangements, making it a direct population-health-management peer.

Emerging players

  • Vytalize Health: Vytalize Health enables primary care practices in MSSP and ACO REACH risk arrangements. Comparable ACO enablement model with a focus on independent practices.
  • Cano Health: Cano Health operates value-based primary care centers for Medicare beneficiaries, with comparable MSSP/MA risk-bearing exposure to senior populations.

Broad incumbents

  • Optum (UnitedHealth Group): Optum is the largest value-based care and ACO enablement platform in the US, including Optum Care and risk-bearing physician groups. Overlaps with Remedy in MSSP/ACO REACH operations at massive scale.
  • Oak Street Health (CVS Health): Oak Street Health, now a CVS Health subsidiary, operates value-based primary care clinics serving Medicare beneficiaries — a sister business to CVS Accountable Care that shares the same parent and risk-bearing strategy.
  • Signify Health (CVS Health): Signify Health, owned by CVS, provides in-home health evaluations and provider enablement for value-based care. A sibling asset within CVS Health supporting care management and risk adjustment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Remedy Partners social profiles

Digital presence

Remedy Partners financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Remedy Partners leadership team

Management profile

Number of profiles

Profiles15 records

Remedy Partners funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors1 record

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

Remedy Partners M&A and investment

M&A and investment

M&A1 record

Investments

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

Frequently asked questions about Remedy Partners

What does Remedy Partners do?

Remedy Partners operates value-based care programs, including the Medicare Shared Savings Program (MSSP) and ACO REACH program, providing bundled payment analytics, population health management, and accountable care organization services to healthcare providers and post-acute care partners. The company aligns providers around shared-savings and risk-bearing arrangements to reduce episode-based costs while improving quality of care. It now operates under the DBA CVS Accountable Care™ as part of CVS Health's accountable care strategy.

When was Remedy Partners founded?

Remedy Partners was founded in 2011. It employs 251 to 500 people.

Where is Remedy Partners based?

Remedy Partners is headquartered in Darien, United States, in the North America region.

Who are Remedy Partners's main competitors?

Direct peers on record are Aledade, Agilon Health, Evolent Health, Privia Health and Astrana Health (formerly Apollo Medical Holdings). Emerging players are Vytalize Health and Cano Health. Broad incumbents are Optum (UnitedHealth Group), Oak Street Health (CVS Health) and Signify Health (CVS Health).

Does Remedy Partners have an API?

No public API is recorded for Remedy Partners.

What industry is Remedy Partners in?

Remedy Partners's product category is Value-Based Care and Accountable Care Organization Services. Its primary akta.pro industry code is HLACAHAA, Value-Based Contracting Analytics (ACO/MSSP/MA, shared savings/risk), with a secondary code of HLACAHAD, Care Management & Coordination Platforms (case/disease management workflows). Its NAICS code is 524292 and its SIC code is 6324.

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Live signals
FinSMEsSignify Health and Remedy Partners MergeSignify Health and Remedy Partners signed a definitive agreement to merge, combining their value-based care platforms. The combined entity will have over 9,000 credentialed providers and manage over 1 million members annually, with Kyle Armbrester as CEO and Steve Senneff as President & CFO.FinSMEsRemedy Partners Receives Investment from New Mountain CapitalRemedy Partners, a Norwalk, CT-based health care financing provider, secured an undisclosed investment from New Mountain Capital. The recapitalization involves early investors selling part of their stake, with New Mountain taking four of seven board seats and an active role in business development. The deal is expected to close in 30 to 60 days.VC News DailyRemedy Partners Announces InvestmentRemedy Partners announced it has secured an investment from New Mountain Capital, a New York-based private equity firm, in a recapitalization transaction expected to close in 30 to 60 days. Early venture capital investors sold part of their stake to New Mountain, which will hold four of seven board seats and take an active role in business development, M&A and strategic guidance. The investment is intended to support Remedy's growth in the bundled payments industry, where the company manages over $9 billion in annual health spending across its network serving Medicare and private insurers.PR NewswireRemedy Partners adds Chief Product Officer to Leadership TeamRemedy Partners, the episodes of care company, announced the appointment of Jason Rose as Chief Product Officer in a newly created role. Jason joins from Inovalon where he served as Executive Vice President and Chief Strategic Development Officer, bringing experience in data-driven product development and corporate strategy to help accelerate Remedy's bundled payment software and services. The company, which manages over $5.7 billion under Medicare Fee-For-Service and operates at more than 1,000 healthcare locations, stated it is reinforcing its commitment to leading the transition to value-based care.PR NewswireBundled Payments Continue to Show SuccessRemedy Partners announced that its voluntary bundled payment models under Medicare's Bundled Payments for Care Improvement initiative delivered 7.7 percent savings, representing more than $120 million in cost savings to the Medicare Trust Fund in 2017 alone, while also achieving substantial reductions in unnecessary hospital readmissions. The announcement comes two days after CMS delayed the effective date for the mandatory Episode Payment Models rule covering heart attacks, bypass surgery, and surgical hip/femur fractures at over 1,000 hospitals. CMS left intact the voluntary bundled payment models, including the $10 billion BPCI initiative and the $2.5 billion Comprehensive Care for Joint Replacement model.PR NewswireCarolyn Magill Appointed CEO of Remedy PartnersRemedy Partners announced the appointment of Carolyn Magill as Chief Executive Officer, effective May 25, 2016. Magill brings experience from UnitedHealth Group's Medicare and Medicaid businesses and most recently from Evolent Health, where she led provider-based health plan solutions. The company, which provides software and services for bundled payment programs, manages programs at over 1,000 healthcare locations and is experiencing what Remedy describes as dramatic growth.GlobeNewswireRemedy Partners Raises $50 Million Series B FinancingRemedy Partners raised $50 million from Bain Capital Ventures to support growth in bundled payment programs. The company has live programs in over 1,300 healthcare provider sites, including more than 800 hospitals. CMS is promoting bundled payments to shift Medicare spending toward value-based models.VC News DailyRemedy Partners Closes $50M Series B RoundRemedy Partners, a developer and manager of bundled payment programs for government and private health insurers, has closed a $50 million Series B funding round led by Bain Capital Ventures. Bain Capital Ventures Managing Director Mike Krupka will join Remedy's Board of Directors as part of the investment. The funding will support Remedy's growth in new customers and partnerships as bundled payment programs, promoted by the Affordable Care Act to replace fee-for-service Medicare payments, continue gaining momentum with both voluntary and mandatory CMS programs.