On May 1, 2024, Aledade, the nation’s largest and most successful network of physician-led value-based care, announced that it has acquired Michigan-based Medical Advantage, which since 2014 has operated as a wholly-owned subsidiary of The Doctors Company, the nation's largest physician-owned medical malpractice insurer. Wilson Sonsini advised Aledade on the transaction.
The partnership bolsters Aledade’s status as the nation’s preeminent primary care Accountable Care Organization (ACO) network and a recognized leader in value-based care. It also expands Michigan physician partnerships with Aledade from 35 to approximately 700. Aledade also will sustain Medical Advantage’s status as a physician organization able to participate in value-based care arrangements with both public and private payers, including Blue Cross Blue Shield of Michigan.
The Wilson Sonsini team that advised Aledade on the transaction includes:
Corporate/M&A
Steve Bernard
Mike Russell
Andrew Lombardo
Ava Munson
Zachary Williams
Cindy West
Corporate (Delaware)
Amy Simmerman
Brian Currie
Healthcare Regulatory
Andrea Linna
Shawn Lichaa
Technology Transactions
Barath Chari
Khalil Nobles
Allegra Sachs
Ben Hawkins
Kristin Bradley
Privacy
Matt Staples
Daniel Chen
Dantam Le
CFG
John Mao
Jason Koo
Sarah Gohary
Michelle Geller
Employee Benefits and Executive Comp
Jessica Bliss
Employment Litigation
Nedim Novakovic
For more information, please see Aledade’s press release.