Aledade secures a $500m credit facility from Ares Commercial Finance to fuel growth, doubling its existing financing capacity with potential to expand to $650m. The national primary care network, part of the Medicare Shared Savings Program, generated $1bn in savings through its ACOs in 2024, benefiting over three million Medicare patients.

The credit facility will provide Aledade with working capital flexibility to facilitate the transition of partners from fee-for-service to value-based care models. With over 20,000 clinicians in 2,400 practices across 46 states, the network aims to accelerate shared savings distributions to reinvest in patient care and continue momentum in value-based care.

Aledade’s co-founder and CEO, Farzad Mostashari, highlights the facility’s role in bridging the gap in Medicare payments and supporting business expansion. Ares Commercial Finance managing director Todd Gordon expresses excitement in backing Aledade’s growth plans and the impact of its technology in advancing value-based primary care on a national scale.

Read more at Yahoo Finance: Aledade announces credit facility of $500m to support growth