Aligned Marketplace Secures Additional Funding to Expand Advanced Primary Care Network for Self-Insured Employers

Aligned Marketplace, a company offering an advanced primary care marketplace for self-insured employers, has secured an additional $3 million in seed funding, bringing its total fundraise to $11 million. The company, which launched in 2023, aims to address the rising healthcare costs faced by employers while improving access to high-quality primary care for employees.

Expanding Network and Employer Partnerships

Aligned Marketplace's network currently includes over 3,000 clinic locations across all 50 states, partnering with providers such as Marathon Health, Amazon One Medical, Carbon Health, CareATC, Aledade, and virtual providers like CirrusMD and Galileo. The company plans to use the additional funding to further expand its advanced primary care network and forge new employer partnerships.

Patrick Nelli, CEO and founder of Aligned Marketplace, emphasized the company's unique position in the market: "We are the only national and value-based advanced primary care network, and we specifically support self-insured employers and help their members connect to great, high-quality advanced primary care all across the country."

Addressing Employer Healthcare Challenges

With healthcare costs projected to increase by 8% in 2025, up from 6% in 2022, employers are seeking alternative options to manage expenses while improving outcomes. Aligned Marketplace's model aims to align incentives between self-insured employers and advanced primary care groups, focusing on delivering high-quality care at a lower total cost.

The company has already secured partnerships with several Fortune 500 companies, including 7-Eleven. Dr. Scott Conard, a physician executive and adviser to 7-Eleven, praised Aligned Marketplace's approach: "Aligned Marketplace aligns the company who wants great care at a fair price with the employee who wants a long, healthy life, with the primary care doctor who wants to help that person live a long and healthy life and gets paid fairly."

Advanced Primary Care: A Win-Win Solution

Advanced primary care, as offered through Aligned Marketplace, focuses on delivering holistic, patient-centered care that emphasizes prevention, early intervention, and the management of chronic conditions. This model integrates value-based care payment systems, aligning provider incentives with improved health outcomes and cost efficiency.

Nelli explained the benefits of this approach: "What that feels like for a member is oftentimes increased access, such as same-day or next-day appointments, and longer appointment times. These groups are also very data-enabled, where they're able to identify care gaps, the preventive screenings and individuals with chronic conditions or unmet needs, and then proactively outreach to them."

Studies have shown that comprehensive primary care models can increase quality of care, enhance patient experience, and help employers save up to 15% on total medical costs. As companies continue to offer remote work options and deal with geographically dispersed workforces, Aligned Marketplace's nationwide network provides a solution for ensuring consistent benefits across all locations.