Aledade Acquires Michigan Value-Based Care Operations from CCA Holding Company

Aledade Acquires Medical Advantage

May 1, 2024

Healthcare Services

Aledade has acquired Michigan-based Medical Advantage from The Doctors Company to expand its value-based care footprint in Michigan. The deal increases Aledade's Michigan physician partnerships from about 35 to roughly 700 and preserves Medical Advantage's ability to participate in public and private value-based arrangements.

Commonwealth Care Alliance Acquires Vitality Health Plan of California and Majority Stake in Reliance Healthcare

April 14, 2022

Healthcare Services

Boston-based Commonwealth Care Alliance (CCA) has completed its acquisition of Vitality Health Plan of California (now operating as CCA Health California) and entered into an agreement to acquire a majority stake in Michigan-based Reliance Healthcare, including its Medicare plan, ACO assets and a 600‑doctor physician organization. The moves are part of CCA's mission-driven geographic diversification into California, Michigan and Rhode Island and expand its complex-care capabilities; with these initiatives CCA will serve more than 62,000 individuals across four states.

Genuine Health Group Acquires Accountable Care Medical Group

April 7, 2022

Healthcare Services

Genuine Health Group, backed by a $160 million capital infusion from Crestline Investors, acquired Accountable Care Medical Group (ACMG), a Florida-based physician group that operates ACOs. The acquisition adds roughly $225 million in annualized revenue, more than 14,000 Medicare patients and 60+ primary care physicians, expanding Genuine Health's footprint in Florida and into Georgia and South Carolina.

CareMax Acquires Steward Health Care's Medicare Value-Based Care Business

November 11, 2022

Healthcare Services

CareMax, Inc. completed the acquisition of the Medicare value-based care business of Steward Health Care System, including a Direct Contracting Entity and two MSSP ACOs. The deal expands CareMax's network to ~2,000 providers and over 200,000 senior value-based care patients across 10 states (30 markets) and establishes CareMax as a leading independent senior-focused value-based care platform.

Acadia Healthcare Acquires Three Opioid Treatment Clinics in South Carolina

October 15, 2024

Healthcare Services

Acadia Healthcare (NASDAQ: ACHC) has acquired three opioid treatment program clinics in South Carolina — the opioid treatment programs of Recovery Concepts, Recovery Concepts of the Carolina Upstate, and Clear Skye Treatment Center — which will be rebranded as Clinton, Easley and Ridgeland Comprehensive Treatment Centers within Acadia's CTC service line. These are Acadia's first Comprehensive Treatment Centers (CTCs) in South Carolina and expand the company's outpatient medication-assisted treatment footprint serving Medicaid and other patients.

4A's Acquires Coalition for Healthcare Communication

December 14, 2022

Marketing & Advertising

The American Association of Advertising Agencies (4A's) has acquired the Coalition for Healthcare Communication (CHC) to expand the 4A's healthcare and wellness advocacy, government relations and member services. The CHC will be housed within the 4A's Government Relations and Sustainability practice under Alison Pepper as CHC's longtime executive director Jon Bigelow retires.