Aledade acquires value-based care analytics platform Curia

Healthcare know-how firm Aledade, which works with impartial major care suppliers to construct tech-enabled accountable care organizations, has acquired AI-enabled value-based care analytics platform Curia. 

Earlier than the acquisition, the Maryland-based firm piloted Curia’s know-how, which makes use of AI to foretell the probability of opposed outcomes, establish threat gaps and goal correct care and engagement packages for sufferers. 

The pilot recognized 8,000 sufferers with excessive mortality threat inside two years, and Aledade labored with major care suppliers in its community to enlist these sufferers in a complete superior care planning program. 

The acquisition will permit Aledade to make the most of Curia’s AI-based capabilities to increase its information gathering, present extra correct information predictions and assist improve major care workflows. 

The general public profit company additionally mentioned it is added over 450 major care suppliers to its community for 2023, which now consists of over 1,500 impartial major care practices and well being facilities. 

“We launched Aledade with the objective of constructing a healthcare system that works higher for sufferers, practices and all of society,” Dr. Farzad Mostashari, CEO and cofounder of Aledade, mentioned in a press release. “The staff at Curia is drawn by that very same mission and our work with them has confirmed that, collectively, we’ll make an actual and lasting influence for the practices we serve and their sufferers.”

THE LARGER TREND

In January 2022, Aledade made its first acquisition, buying Iris Healthcare, an advance care planning options platform, which turned a part of Aledade’s well being providers unit dubbed Aledade Care Options. 

Months after the acquisition, the corporate introduced it garnered $123 million in a Sequence E funding spherical, bringing the startup’s valuation to $3.1 billion. A yr prior, the value-based firm closed a $100 million Sequence D funding spherical, and in 2020, on the top of the pandemic, scored $64 million in Sequence C funding.

Different gamers within the value-based major care supplier area are Pearl Well being and UpStream Healthcare.