Healthcare know-how firm Aledade, which works with impartial main 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 chance of hostile outcomes, establish danger gaps and goal correct care and engagement applications for sufferers.
The pilot recognized 8,000 sufferers with excessive mortality danger inside two years, and Aledade labored with main 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 knowledge gathering, present extra correct knowledge predictions and assist improve main care workflows.
The general public profit company additionally mentioned it is added over 450 main care suppliers to its community for 2023, which now contains over 1,500 impartial main care practices and well being facilities.
“We launched Aledade with the purpose 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 affect 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 Series E funding round, bringing the startup’s valuation to $3.1 billion. A 12 months prior, the value-based firm closed a $100 million Series D funding round, and in 2020, on the top of the pandemic, scored $64 million in Series C funding.
Different gamers within the value-based main care supplier area are Pearl Health and UpStream Healthcare.