Health care firm Aledade speeds up its national expansion after raising $123M

Aledade Inc. is hitting the gas on its national expansion, with plans to hire hundreds of new workers and open offices in multiple markets to support its growth.

The Bethesda company — which helps independent physician practices implement care models that compensate them based on health results, rather than just fees for services rendered — said Monday it will initially open offices in New York, San Francisco and Durham, North Carolina, to go along with its local headquarters and the Austin, Texas, office it inherited when it acquired Iris Healthcare in January.

The New York and San Francisco offices will support Aledade’s regional teams overseeing the company’s expansion in key markets. The Durham office is set to become the new headquarters for Aledade Care Solutions, a unit formed to support its network of accountable care organizations, or ACOs. The subsidiary, which creates and runs programs that aims to cut costs and improve outcomes for patients, is led by Dr. Mandy Cohen,…

Read the full story from the Washington Business Journal.
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