AllyAlign Health

AllyAlign Health's core business revolves around creating and managing specialized Medicare Advantage plans, including Institutional Special Needs Plans (I-SNPs), Chronic Care Special Needs Plans (C-SNPs) for dementia, and Dual-Eligible Special Needs Plans (D-SNPs). The firm partners with senior living communities, skilled nursing facilities, and other long-term care providers to launch these provider-sponsored health plans. This model enables its partners to move towards a value-based care system, where they are compensated based on health outcomes rather than the volume of services delivered. Revenue is generated through these managed care plans, which aim to reduce healthcare costs and improve the quality of life for residents. By integrating care for plan beneficiaries on-site, the company reports significant reductions in hospitalizations and readmissions.

In a significant strategic move in May 2022, AllyAlign Health merged with Elite Patient Care and Provider Health Services to form Curana Health, a platform designed to expand value-based care across the senior living landscape. AllyAlign continues to operate as a subsidiary of Curana Health, focusing on the operation of Medicare Advantage plans within the larger organization's structure. This merger followed a substantial $300 million investment led by New Enterprise Associates (NEA) in June 2021, which was intended to fuel growth and technology investments. The company's platform connects facilities and providers through a centralized care management system to improve clinical and financial results for residents in post-acute and long-term care.