Mostashari’s Aledade Gets Another $10 Million In Funding

Aledade recently raised $10 million in additional funding. The funding, which comes from North Carolina-based Mosaic Health Solutions and Washington-based Echo Health Ventures LLC, will go toward backing independent practices based in North Carolina.

The funding compliments other additional funds Aledade has recently raised, including $23 million toward the end of 2017, and $23 million in October 2018. To date, the organization has raised a total of $136 million. Aledade continues to focus its funding on physician-led accountable care organizations, as its CEO, Farzad Mostashari, MD, feels that hospital system-based ACOs lack some incentive to keep . . .