Aledade, Inc.

Founded in 2014 and based in Maryland, US, Aledade, Inc. operates as a healthcare company that partners with independent primary care practices to deliver value-based care through data analytics and practice support. The company was founded by Farzad Mostashari (CEO) and Mat Kendall. In December 2025, Aledade, Inc.

raised USD 500 million in venture debt funding from Ares Management Corporation. The company provides a suite of services, including technology and personalized support, to more than 1,500 independent primary care practices across 45 states and the District of Columbia to facilitate a seamless transition to value-based care models. Aledade’s data insights drive informed decision-making, enhancing patient outcomes and practice sustainability. The firm’s payer solutions ensure financial alignment, while its comprehensive programs address patient needs, enabling preventive care and patient engagement.

In addition, the company provides administrative and policy support, advocating for primary care providers and safeguarding against regulatory challenges. Aledade generates revenue through a diversified model that includes shared savings from value-based care programs, subscription fees for its technology platform, and risk-based contracts with Medicare, Medicaid, and commercial payers. Additional streams come from consulting and implementation services for practices transitioning to value-based care, and data analytics solutions that support population health management. Aledade's ACOs generated $1 billion in savings in 2024, with 93% achieving shared savings compared to under 70% for competitors.

The company will use the December 2025 funding to help manage expenses and support its continued growth.