#United States #Raleigh #Value-Based Care #Millennium Physician Group #Raleigh Medical Group

Raleigh Medical Group Joins Forces with Millennium Physician Group

In an exciting development for healthcare in North Carolina, Raleigh Medical Group (RMG) has announced a strategic partnership with Millennium Physician Group, known for their leadership in value-based care. This collaboration is set to expand and enhance the delivery of healthcare services specifically for Medicare and Medicare Advantage patients across the state.

Partnership Overview

The partnership enables RMG to join Millennium's North Carolina risk-based entity, allowing both organizations to manage patient populations together under a value-based care model. This model prioritizes quality, patient outcomes, and cost efficiency, enhancing the overall healthcare experience for patients. The partnership will initially focus on Medicare Advantage contracts starting in 2026, transitioning towards more comprehensive full-risk arrangements and an Accountable Care Organization by 2027.

Benefits of the Collaboration

This alliance aims to leverage RMG's well-established physician-led model and strong patient relationships, combined with Millennium's robust infrastructure in risk adjustment and quality performance. Both organizations are dedicated to improving care coordination, enhancing patient outcomes, and fostering sustainable practices in a rapidly evolving healthcare landscape.

Dr. Brian Short, president of RMG, expressed the importance of this partnership, emphasizing the need for the right support in a value-focused environment. He stated, "We chose Millennium for their proven expertise in risk-based care and their ability to provide essential infrastructure and alignment, enabling us to maintain our independence while delivering even better outcomes for our patients."

On the other hand, Dr. Kevin Spencer, national chief medical officer of Millennium Physician Group, highlighted the partnership's role in revolutionizing healthcare delivery, especially for Medicare populations. He remarked, "We pride ourselves on partnering with Raleigh Medical Group, combining our capabilities with their physician-led approach to succeed in risk-based arrangements without compromising their independence."

Enhanced Care Delivery

The collaboration aims to deliver significant improvements in patient outcomes while generating both clinical and financial value for RMG. Through this partnership, RMG retains its operational independence while gaining access to Millennium's advanced capabilities, including specialized performance programs and a scalable operating model that supports high-quality, patient-centered care.

This innovative partnership is expected to foster a culture of collaboration, ensuring that healthcare delivery meets the demands of a value-based environment while maintaining the integrity of the physician-patient relationship. By merging local physician leadership with national-scale capabilities, RMG and Millennium are strategically positioning themselves to thrive in an evolving healthcare market.

About Raleigh Medical Group

With a history spanning over 50 years, Raleigh Medical Group is dedicated to providing personalized healthcare that focuses on every aspect of the patient's health. Their commitment to patient-centered care has made them a trusted name in the North Carolina healthcare landscape.

About Millennium Physician Group

Founded in 2008 and headquartered in Fort Myers, Florida, Millennium Physician Group has grown to become one of the largest independent physician groups in the United States. With over 900 healthcare providers across multiple states, they are recognized for their excellence in value-based care, striving to connect patients with healthier lives through dedicated service.

This partnership marks a significant step forward in healthcare delivery, aiming to enhance the quality of care for Medicare patients while promoting sustainability and innovation in the healthcare system.