Millennium Physician Group
Millennium Physician Group is a physician-led, value-based primary care platform with 900+ providers and 200+ locations across Florida, Georgia, Texas, and North Carolina, serving Medicare, Medicare Advantage, and commercial seniors with integrated primary, specialty, walk-in, lab, radiology, and home health services.
- Company typePrivate
- Founded2008
- HeadquartersFort Myers, United States
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What Millennium Physician Group does
Millennium Physician Group is a physician-led, value-based primary care platform serving Medicare, Medicare Advantage, and commercial populations across the Southeastern United States. Founded in 2008 in Port Charlotte, Florida, the company has grown to 900+ healthcare providers operating from 200+ locations primarily in Florida, with additional operations in Georgia, Texas, and North Carolina. Its core offering combines primary care with specialty services, walk-in urgent care, lab and radiology, telehealth via a Virtual Care Clinic, home health, and a Clinical Trials Program — all anchored on a central value-based care contracting layer that includes CMS MSSP participation since 2013 and Medicare Advantage risk arrangements.
The company's technology and operating backbone is the Millennium CARES Connect innovation ecosystem, which provides clinical, technology, and administrative support for value-based care delivery, supplemented by a Population Health Management System and the patient-facing CareConnect mobile app. Millennium has been a CMS MSSP participant since 2013 (Track 3 since 2016), was ranked #1 nationally for shared savings in 2017, and has remained a Top-10 ACO. It reports a 94% physician retention rate and Press-Ganey Pinnacle of Excellence recognition.
Commercially, Millennium is a private, PE-backed platform company — a wholly owned subsidiary of Mosaic Health, which was introduced in August 2024 as a national primary care delivery platform co-backed by Clayton, Dubilier & Rice and Elevance Health. GTM is sales-led and executed primarily through practice acquisitions, physician partnerships, and health-system alliances. The organization has pursued an aggressive inorganic growth strategy, completing acquisitions of Columbus Clinic (April 2025), IMA Medical Group (October 2025), and veriMED Health Group (November 2025), and forming a strategic partnership with Lee Health in February 2026 to advance senior care in Southwest Florida. Tesha Simpson became CEO in January 2025. Revenue is not publicly disclosed.
Millennium Physician Group firmographics
Firmographics- Name
- Millennium Physician Group
- Legal name
- Millennium Healthcare, LLC
- Website
- https://millenniumphysician.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Millennium Physician Group is a physician-led, value-based primary care platform with 900+ providers and 200+ locations across Florida, Georgia, Texas, and North Carolina, serving Medicare, Medicare Advantage, and commercial seniors with integrated primary, specialty, walk-in, lab, radiology, and home health services.
- Ownership category
- akta.pro rank
Millennium Physician Group industry classification
Industry- Product category
- Primary Care Services
- NAICS
- Offices of Physicians (except Mental Health Specialists) (621111), Offices of Physicians (62111), Offices of Physicians (6211)
- SIC
- Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Specialty Outpatient Facilities, Nec (8093)
- akta.pro primary industry
- Care Navigation & Service Coordination (Medical, Social, Community) (HSABAIAB)
- akta.pro secondary industries
- Care Transitions Management (Hospital/SNF-to-Home) (HSABAIAC), Care Management & Care Coordination (Home & Community-Based) (HLAFAEAL), Virtual Nursing, Telemonitoring & Command Center Platforms (HLACAFAH)
Keywords
Where Millennium Physician Group is headquartered
LocationHeadquarters
- HQ city
- Fort Myers
- HQ country
- United States
- HQ region
- North America
Offices13 records
Markets served
Millennium Physician Group business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Value-Based Care Contracts: Revenue generated through Medicare Shared Savings Programs, Medicare Advantage risk contracts, and commercial ACO/shared savings arrangements. The organization participates in CMS MSSP since 2013 and was ranked #1 nationally for shared savings in 2017.
- Fee-For-Service: Traditional fee-for-service billing for primary care and specialty services including walk-in clinics, radiology, and lab services
- Care Coordination Services: Revenue from coordinating care for patients across multiple settings including hospitalist services, home health, and specialty care
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Medicare and Medicare Advantage accepted plans |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Millennium Physician Group product offering
Product offeringCore offering
Millennium Physician Group is a physician-led healthcare organization that delivers primary care, specialty care, walk-in/urgent care, telehealth, in-house laboratory, radiology, physical therapy, and clinical research services to patients across 200+ Florida locations. Its model is anchored in value-based care arrangements with Medicare, Medicare Advantage, and commercial payers, supported by the CARES Connect ecosystem, population health tools, and the CareConnect mobile application.
Product overview
Millennium Physician Group operates as a comprehensive physician-led healthcare platform offering primary care complemented by specialty services, urgent care walk-in centers, telehealth, radiology, lab services, physical therapy, and clinical research. The organization is built on its Millennium CARES Connect innovation ecosystem that provides clinical, technology, and administrative support to over 900 healthcare providers across 200+ Florida locations. Patient-facing digital offerings include the CareConnect mobile app for appointment scheduling, bill payment, and provider messaging, along with a Virtual Care Clinic for telehealth visits.
Differentiator
Problem solved
Functional benefit
Products and services
- Millennium CARES Connect
- CareConnect Mobile App
- Virtual Care Clinic
- Walk-in Centers
- Lab Services
- Clinical Trials Program
Quantifiable outcome
- Ranked #1 in the nation for shared savings by CMS in 2017
- +3 more outcomes
Companies that use Millennium Physician Group
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Millennium Physician Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Millennium Physician Group partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Lee HealthcoreStrategic partnership announced February 24, 2026, to advance senior care in Southwest Florida. Targets growing Medicare population with complex health needs through value-based care model. Strengthens care coordination, expands preventive services, and supports both traditional Medicare and Medicare Advantage enrollees. Both organizations collaborate on day-to-day operations while aligning around shared accountability for quality outcomes and sustainable healthcare delivery.
- veriMED Health GroupcoreAcquisition effective November 1, 2025, adding veriMED Health Group to Millennium's network. VeriMED specializes in primary care and Medicare Advantage services, focusing on value-based care with nearly 15,000 members in Florida.
- IMA Medical GroupcoreIMA Medical Group joined Millennium Physician Group in October 2025, strengthening value-based care across Central Florida.
- Monogram HealthminorValue-based collaboration to improve chronic kidney disease outcomes for several thousand patients across Florida. Partnership delivers high quality, affordable care to patients managing complex chronic conditions.
- Mosaic HealthcoreMosaic Health is the parent company/platform. Introduced as a national primary care delivery platform in August 2024 that brings together comprehensive primary care capabilities to accelerate innovation and improve health outcomes.
Scale indicators9 records
Recent moves9 records
Expansion highlights7 records
Millennium Physician Group competitors and assessment
Company assessmentDirect peers
- ChenMed: Privately held senior-focused primary care group operating a value-based care model for Medicare and dual-eligible patients, with deep roots in Florida (and other states). It is one of the closest direct comparables to Millennium Physician Group in patient demographic, geography, and risk-based economics.
- Astrana Health (formerly Apollo Medical Holdings): Public value-based care company providing capitation, IPA, and physician group enablement across multiple states. Competes with Millennium for MA payer contracts, ACO/MSO relationships, and physician group partnerships.
- Oak Street Health (CVS Health): Senior-focused value-based primary care group acquired by CVS Health in 2023. Targets the same Medicare/MA population with full-risk primary care models, making it a directly comparable operator for clinic economics, network design, and MA payer negotiations.
- VillageMD: Walgreens Boots Alliance-backed value-based primary care platform offering full-risk senior care alongside multi-specialty services. Competes with Millennium for senior attributed lives, physician partnerships, and population health technology partnerships.
- CenterWell (Humana): Humana's senior primary care arm (formerly Conviva Care Solutions and Partners In Primary Care). Operates value-based primary care clinics for MA members at large scale, making it a direct competitor for senior patients, physician recruiting, and value-based payer contracts.
- Cano Health: Florida-headquartered senior primary care and value-based care operator serving MA and ACA Marketplace members. Historically one of the most direct regional comparables to Millennium in Florida, although it has undergone significant restructuring since 2024.
Broad incumbents
- Privia Health: Public physician enablement and medical group company operating multi-specialty practices and ACOs across more than a dozen states. Overlaps with Millennium in primary care practice operations, value-based contracts, and multi-state expansion strategy.
- HealthCare Partners (Optum): Long-standing Southern California-based integrated medical group and IPA operating value-based senior care models. Comparable to Millennium in value-based primary care design, MA risk arrangements, and population health management systems.
- DaVita Medical Group / Optum: National physician group owner and Medicare value-based care operator (formerly DaVita Medical Group, including JSA Healthcare). Competes broadly with Millennium for senior PCPs in Florida and across the Southeast, and is a likely payer-aligned consolidator in the same space.
Emerging players
- One Medical (Amazon): Amazon-owned membership-based primary care platform that acquired Iora Health to enter senior value-based care. Competes with Millennium for tech-enabled primary care talent and selective MA contracts, while expanding its senior footprint from a different baseline.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Millennium Physician Group social profiles
Digital presenceMillennium Physician Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Millennium Physician Group leadership team
Management profileNumber of profiles
Profiles21 records
Millennium Physician Group subsidiaries and ownership
Company hierarchySubsidiaries3 records
Millennium Physician Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Millennium Physician Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Millennium Physician Group
What does Millennium Physician Group do?
Millennium Physician Group is a physician-led healthcare organization that delivers primary care, specialty care, walk-in/urgent care, telehealth, in-house laboratory, radiology, physical therapy, and clinical research services to patients across 200+ Florida locations. Its model is anchored in value-based care arrangements with Medicare, Medicare Advantage, and commercial payers, supported by the CARES Connect ecosystem, population health tools, and the CareConnect mobile application.
Is Millennium Physician Group a public or private company?
Millennium Physician Group is a private company. It is classified as private equity controlled and is currently operating.
When was Millennium Physician Group founded?
Millennium Physician Group was founded in 2008. It employs 501 to 1,000 people.
Where is Millennium Physician Group based?
Millennium Physician Group is headquartered in Fort Myers, United States, in the North America region.
How does Millennium Physician Group make money?
Three revenue lines are on record. Value-Based Care Contracts are the primary driver. The others are fee-For-Service and care Coordination Services.
Who are Millennium Physician Group's main competitors?
Direct peers on record are ChenMed, Astrana Health (formerly Apollo Medical Holdings), Oak Street Health (CVS Health), VillageMD, CenterWell (Humana) and Cano Health. Broad incumbents are Privia Health, HealthCare Partners (Optum) and DaVita Medical Group / Optum. One Medical (Amazon) is listed as an emerging player.
Does Millennium Physician Group have an API?
No public API is recorded for Millennium Physician Group.
What industry is Millennium Physician Group in?
Millennium Physician Group's product category is Primary Care Services. Its primary akta.pro industry code is HSABAIAB, Care Navigation & Service Coordination (Medical, Social, Community), with a secondary code of HSABAIAC, Care Transitions Management (Hospital/SNF-to-Home). Its NAICS code is 621111 and its SIC code is 8011.