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Aledade, a startup that partners with independent practices to establish accountable care organizations, raised $123 million in a Series E funding round. The company plans to use the money to advance its partnerships with Medicare Advantage plans and add solutions to its new healthcare services subsidiary.
Welcome to this week's Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry. Please submit the good news or the bad from your shop, and we will feature it here at the end of each week.
Dr. Mandy Cohen spent the last five years running North Carolina's health department and leading the largest change to the state's Medicaid program in its history. She's now jumped into the private sector as the CEO for Aledade's new health services unit and will ramp up the company's focus on serving Medicaid patients.