OMERS-backed Omers Growth Equity, Fidelity Management & Research Company and other current investors led $124m funding round in Aledade.

OMERS-backed Omers Growth Equity, Fidelity Management & Research Company, an investment advisor to Fidelity's family of mutual funds, and other current investors led $124m funding round in Aledade, a physician enablement company. “When we started Aledade nearly a decade ago, we made a bet that if we empowered primary care doctors with the right insights, technology, and contracts that paid for value, we could improve patient outcomes, cut wasteful spending, and create a scalable business model for these practices and Aledade to thrive. With this financing, Aledade is extremely well-positioned in this market environment to accelerate our work to meet patients where they are, especially in Medicare Advantage, and seize new opportunities to expand wraparound patient care services. Difficult market conditions can create exceptional opportunities for strong businesses to get stronger and that is our plan,” Farzad Mostashari, Aledade MD, CEO and co-founder.