Millennium Physician Group Expands with veriMED Health Group Partnership

Millennium Physician Group, recognized as one of Florida's largest physician-led healthcare networks, is excited to announce the integration of veriMED IPA, LLC and veriMED Health Group into its organization as of November 1, 2025. This strategic alliance not only enhances Millennium's mission of delivering top-quality, patient-centered care but also signifies a significant milestone in the advancement of healthcare services throughout the state.

Founded in 2011 by Dr. Jai Cho and Martin Revello, veriMED has made a name for itself as a leader in primary care, serving nearly 15,000 Medicare Advantage members across Florida. Their extensive experience in value-based care, combined with robust community ties, has enabled veriMED to achieve a solid reputation for excellence and compassion in patient health management.

Tesha Simpson, the CEO of Millennium Physician Group, expressed her enthusiasm regarding this new collaboration: "veriMED's longstanding 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 thrilled to welcome veriMED's providers, teams, and patients into our family and look forward to collaboratively expanding access, improving health outcomes, and enhancing the care experience for our communities."

Martin Revello, President and CEO of veriMED, added to this sentiment by stating, "This partnership represents a natural evolution of our shared values and clinical vision. By merging with Millennium, we are not only ensuring the continued growth and stability of veriMED but also equipping our teams with the necessary resources to provide exceptional care to our patients."

The collaboration aims to broaden Millennium's influence across Central and Western Florida, thereby enhancing its capability to provide full-risk Medicare Advantage services. This partnership represents a commitment to a connected healthcare experience that leverages the expertise of physicians, supported by advanced technology and a deep understanding of community needs.

On a broader scale, this partnership reinforces Millennium's goal to establish a healthcare ecosystem that emphasizes coordinated, high-quality care. This integration will further enhance Medicare Advantage and population health capabilities, allowing Millennium to continue to lead the charge in value-based care within Florida's healthcare landscape.

Guggenheim Securities, LLC served as the financial advisor to veriMED IPA and veriMED Health Group while LDL Law provided legal counsel to veriMED. On the other hand, Foley Lardner LLP represented Millennium Physician Group in legal matters associated with this new partnership.

About Millennium Physician Group

Millennium Physician Group originated in Port Charlotte, Florida, in 2008 and is currently headquartered in Fort Myers, Florida. With over 900 healthcare providers, it has expanded beyond Florida into North Carolina, Georgia, and Texas. The organization is dedicated to offering comprehensive primary care along with multi-specialty practices, walk-in centers, radiology, laboratory services, physical therapy, telehealth, wellness programs, and home health services. Recognized nationally for its commitment to value-based care and high levels of physician engagement, Millennium aims to deliver a genuinely connected healthcare experience that resonates with its motto: "Your Connection to a Healthier Life." You can learn more about their services at millenniumphysician.com.

This partnership between Millennium and veriMED Health Group sets a promising precedent for the future of healthcare in Florida, as they strive to provide exemplary, patient-centered medical services across the state.