The Doctors Company Announces Sale of Medical Advantage Subsidiary
Napa, California—May 1, 2024—The Doctors Company, part of TDC Group, today announced that it has sold its Medical Advantage subsidiary to Aledade, the nation’s largest network of physician-led value-based care.
“Initially a practice improvement consulting firm, Medical Advantage has strategically adapted to changes in the healthcare market and is today focused on providing services within the value-based care sector,” said Robert E. White, President of The Doctors Company and TDC Group. “The significant growth potential, along with the need for capital to support such growth, provided us with an opportunity to find a strategic buyer who recognized the value of Medical Advantage’s capabilities.”
“I am excited to start our new journey as part of Aledade, whose expertise in value-based care will provide us with the right resources and support to fulfill our potential in enhancing high-quality healthcare in Michigan,” said Paul MacLellan, President of Medical Advantage.
About The Doctors Company
Founded and led by physicians, The Doctors Company (thedoctors.com), the nation's largest physician-owned medical malpractice insurer, is relentlessly committed to advancing, protecting, and rewarding the practice of good medicine. The Doctors Company helps physicians manage the complexities of today's healthcare environment—with expert guidance, resources, and coverage. The Doctors Company is part of TDC Group (tdcg.com), the nation's largest physician-owned provider of insurance and risk management, and healthcare practice improvement solutions. TDC Group serves the full continuum of care, from individual physicians to academic medical systems—over 100,000 healthcare professionals and organizations nationwide—with annual revenue of $1 billion and over $6.9 billion in assets. To learn more about our data-driven insights and to stay up to date on industry trends, follow and subscribe to The Doctors Company on X (@doctorscompany), YouTube, LinkedIn, and Facebook.
About Aledade
Aledade (aledade.com), a public benefit corporation, is the largest network of independent primary care in the country, helping independent practices, health centers, and clinics deliver better care to their patients and thrive in value-based care. Together with more than 1,900 practices, federally qualified health centers, and community health centers in 45 states and the District of Columbia, Aledade shares in the risk and reward across more than 200 value-based contracts representing more than 2.5 million patient lives under management.