Independent physicians in North Carolina are set to benefit from a new strategic partnership as Avance Care, a leading primary care provider, joins forces with Alo, a company dedicated to supporting independent medical practices. This collaboration aims to provide independent physicians with enhanced resources and solutions, enabling them to thrive in an evolving healthcare landscape focused on value-based care and patient-centric approaches. The partnership between Alo and Avance Care is poised to reshape the future of healthcare delivery for independent practices and patients alike in the region.
This strategic alliance combines the strengths of both organizations to bolster independent practices. Avance Care’s established network and patient-focused model, coupled with Alo’s resources and expertise in practice management, create a powerful synergy. The goal is to empower physicians to concentrate on delivering exceptional patient care while ensuring the financial sustainability and operational efficiency of their practices.
Avance Care has built a strong reputation in North Carolina with its commitment to accessible and high-quality primary care. Their existing 22 locations, including 19 in the Triangle area and three in Charlotte, will continue to operate under the Avance Care brand. Patients can rest assured that they will continue to see their trusted Avance Care doctors in the same convenient locations. However, this partnership promises to bring even greater enhancements to the patient experience over time. Patients can anticipate a more personalized approach to their healthcare journey and access to an expanded suite of services as a direct result of this collaboration.
Matt Eirich, President and CEO of Alo, emphasized the shared vision driving this partnership: “Avance Care and Alo share a common mission to empower independent physicians to run financially robust practices that are dedicated to delivering the highest quality care.” He further highlighted the limited options available to independent practices in North Carolina seeking long-term sustainability, stating, “This partnership will provide a solid foundation for more practices to achieve future growth and success.”
Echoing this sentiment, Manish Patel, CEO and co-founder of Avance Care, who will remain CEO of Avance Care and also take on the role of Chief Strategy Officer at Alo, expressed his enthusiasm for the partnership. “Alo is the perfect partner to strategically position Avance Care for continued growth,” Patel stated. He elaborated on the benefits for physicians, noting, “Our collaboration will inject additional resources to strengthen our existing practices and offer ownership or employment pathways for physicians who are passionate about enjoying the practice of medicine.”
Dr. Joanne Fruth, Chief Medical Officer at Avance Care, reassured patients about the continuity of care and the positive advancements to come. “Our commitment to providing an exceptional patient experience, delivering high-quality primary care, and ensuring extended daily access remains unwavering,” Dr. Fruth affirmed. “With the added resources from this new partnership, I am thrilled about our enhanced capacity to deliver personalized care to our patients. I am confident that together, we can extend the Avance Care experience to even more individuals across North Carolina.”
The collaboration between Alo and Avance Care is designed to address the multifaceted challenges faced by independent physicians today. By entrusting practice management, staffing, technology, and other administrative burdens to Alo and Avance Care, physicians can refocus their energy on what truly matters: their patients. Furthermore, the partnership is committed to providing expert guidance to help independent practices successfully transition to value-based care models, which are increasingly important in the modern healthcare landscape.
A central objective of this partnership is to foster a thriving environment for independent physician practices, both existing and new. By streamlining the process for physicians looking to establish their own practices and providing the necessary resources for optimal performance, Alo and Avance Care are investing in the future of independent healthcare.
Adam Grossman, Partner at Deerfield Management Company, a co-founder of Alo, underscored Avance Care’s alignment with Alo’s core values. “Avance Care’s dedication to enhancing patient experience, improving clinical outcomes, and reducing the overall cost of healthcare makes them an ideal partner for Alo,” Grossman commented. “We are excited to witness Alo and Avance Care strengthen the independent physician community by empowering them to prioritize what is most critical – delivering exceptional patient care.”
About Avance Care
Avance Care has been at the forefront of innovative primary care delivery since 2008. Operating a network of practices throughout North Carolina, Avance Care leverages a sophisticated operating platform characterized by advanced information technology and streamlined workflows. This unique system has enabled Avance Care to achieve exceptional patient satisfaction, maintain high standards of care quality, and operate with remarkable efficiency. For patients seeking more information, please visit avancecare.com. Physicians interested in learning more can visit avancemd.com.
About Alo
Alo is dedicated to equipping independent physicians with the tools they need to shape a better healthcare system for patients, communities, and themselves. Founded by a team with deep expertise in transforming the independent practice landscape, Alo empowers physicians to focus on sustainable improvements in patient care. Alo is headquartered in Raleigh, North Carolina.
