Millennium Physician Group has announced the additions of veriMED IPA and veriMED Health Group to its growing family of physician-led practices in Florida, US.
The collaboration supports both organisations’ focus on physician-led, patient-centred care for Medicare Advantage members across the state.
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veriMED has developed a network of affiliated and employed physicians providing primary care services to almost 15,000 Medicare Advantage members in Florida.
The organisation has focused on value-based care and built relationships in local communities, developing its approach to managing patient health.
The partnership extends Millennium’s reach across Western and Central Florida, enhancing both full-risk Medicare Advantage and population health management capabilities.
It also bolsters the company’s approach to delivering a cohesive healthcare experience driven by physicians, supported by technology and rooted in community settings.
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By GlobalDataFoley & Lardner acted as legal counsel to Millennium Physician Group. Guggenheim Securities was the financial adviser to veriMED IPA and veriMED Health Group, with LDL Law providing legal counsel to veriMED.
Millennium Physician Group CEO Tesha Simpson said: “veriMED’s long-standing commitment to excellence in value-based care aligns perfectly with Millennium’s mission to connect patients to a healthier life through physician-led, coordinated care.
“We are excited to welcome veriMED’s providers, teams and patients into our family and look forward to growing together, expanding access, improving outcomes and strengthening the care experience for the communities we serve.”
veriMED president and CEO Martin Revello said: “By joining forces with Millennium, we are ensuring the continued growth and stability of our organisation while equipping our teams with the resources and tools they need to deliver the best possible care to our patients.”
Millennium Physician Group has expanded to over 900 healthcare practitioners across Florida, with additional locations in Texas, North Carolina, and Georgia.
In January 2024, Monogram Health and Millennium Physician Group joined forces to enhance the outcomes of chronic kidney disease for several thousand patients in Florida.
