11 private equity-backed Medicare Advantage companies

Most private investments in the Medicare Advantage space go to companies specializing in marketing and selling MA plans, according to a Feb. 13 report from the Private Equity Stakeholder Project. 

According to the watchdog group, deals in the space are slowing down, as investors face higher interest rates and more scrutiny from CMS on marketing and brokering MA plans. 

In addition to marketing firms, some fledgling MA plans are backed by private equity before being acquired by larger insurers, according to the report. 

Here are 11 private-equity backed MA companies to keep an eye on, according to the Private Equity Stakeholder Project: 

Marketing groups:

  1. Integrity Marketing Group
    Employees: 5,000 
  1. AmeriLife Group
    Employees: 1,800
  1. Benefytt Technologies
    Employees: 855 
  1. The Hilb Group
    Employees: 2,000 
  1. Spring Venture Group
    Employees: 1,227 



  1. InnovaCare Health
    Offers value-based care for older adults
    Employees: 259 
  1. Matrix Medical Network
    Partners with plans on in-home health assessments
    Employees: 5,000
  1. Palm Medical Centers
    Value-based primary care provider
    Employees: 500 
  1. Better Health Group
    Value-based care provider
    Employees: 400 


MA plans 

  1. AllyAlign Health
    Offers MA plans for senior living communities
    Employees: 149 
  1. Global Health
    Offers HMO plans, including MA plans, and owns Medical Card System, which provides MA plans in Puerto Rico
    Employees: 120

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Top 40 articles from the past 6 months