Aledade: A Public Benefit Corporation

As a Public Benefit Corporation, Aledade’s Board of Directors consider the interests of all stakeholders as well as the company’s specific public benefit purpose. Our Public Benefit Purpose is to deliver better health, better care and lower costs, creating a health care system that is good for patients, good for practices and good for society.

Good for Patients

• Our network represents 2M+ patients in 45 states and District of Columbia¹
• Aledade practices conduct 50% more annual wellness visits than the average practice¹
• Prevented nearly 64,000+ hospitalizations and emergency department visits in 2023¹
• Patients of Aledade practices gave their physicians a 92% approval rating. 92% also rated the office staff as helpful and courteous²
• +4-star 2023 ratings for controlling blood pressure and A1C diabetes care³

Good for Practices

• Aledade is the nation’s largest network of independent primary care providers, with 1500+ practices spanning private practices, group practices and community health centers^1,4
• Practices earned more than $280 million in shared savings payments in 2022³
• 90% of practices surveyed say partnering with Aledade was either Very or Extremely Important for them to succeed in value-based care⁵

Good for Society

• Aledade has saved $1.8B+ in unnecessary health care spending since 2014^1,6
• Roughly 45% of our practices are in medically underserved areas⁶
• Aledade’s network includes six out of the 10 largest ACOs with the most federally qualified health center sites, proving this model of care works across various geographies and patient populations.
   

Great Place to Work

• Aledade won 21 awards in 2023, including Best Workplaces in Healthcare, Best Workplaces for Parents, and Top Workplace Culture⁷
  • 94% of employees are proud to work at Aledade⁸
  • 94% say they are able to arrange time off when they need to⁸
  • 92% of employees say Aledade’s commitment to social responsibility is genuine⁸

“Aledade’s public benefit purpose means that we must weigh the interests of our primary care practice partners, their patients, our employees, and those who bear the burden of rising health care costs, alongside those of our shareholders, when we make decisions.”

– Dr. Farzad Mostashari, CEO and Co-Founder

1. Aledade Saved Medicare more than $800 Million in 2023
2. MSSP CAHPS
3. Includes payments made in 2023 across all lines of business; not including 2023 MSSP or majority of 2023 MA contracts
4. Aledade.com | Who We Serve
5. Based on internal surveys
6. Aledade Has Saved $1.2 Billion in Health Care Spending.
7. Aledade Recognized as a Best Place to Work and More
8. Based on biannual surveys conducted company-wide