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Non-Profit Foundation
HEALTHCARE | Medical Facilities & Services
atriushealth.org

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Partners & Customers

9

About Atrius Health

Atrius Health is a nonprofit healthcare practice delivering a system of connected care. Across 30 clinical locations, 35 specialties, and 750 physicians, Atrius Health provides proactive, customized care to more than 675,000 adult and pediatric patients across eastern Massachusetts.On March 2nd, 2021, Atrius Health was acquired by Optum.

Atrius Health Headquarter Location

275 Grove Street

Auburndale, Massachusetts, 2466,

United States

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Latest Atrius Health News

Optum's $236 million Atrius Health deal scores final regulatory approval

May 2, 2022

MH Illustration Massachusetts' highest court approved UnitedHealth Group subsidiary Optum's $236 million proposed acquisition of Atrius Health, one of the largest not-for-profit physician groups in the state. Massachusetts Supreme Judicial Court Justice Dalila Argaez Wendtland ruled the proposed transaction was in the public interest and that it was impracticable for Atrius to continue to operate as a not-for-profit. Atrius Health had been struggling financially. The state attorney general approved the decision in late April and, with Friday's judicial review, the companies have completed all the legal steps necessary for the deal to go forward. The net proceeds from the sale will be transferred to the Atrius Health Equity Foundation. As a condition of the deal, the foundation must submit quarterly reports to the state attorney general on its use of third-party vendors, appointment of independent trustees and population health initiatives over the next two years. The foundation will also tell Massachusetts if any employees transfer to its workforce from Atrius Health. Once the transaction closes, Atrius Health will no longer be designated as a public charity under state law. Over the next five years, Atrius must annually report patient race, ethnicity and other demographic data to the attorney general, along with the portion of revenue generated from public and private payers and whether reimbursement fell under fee-for-service or capitation rates, Argaez Wendtland said. The health system must also provide the state attorney general annual reports on the types of investments made and their impact on its value-based care and population health initiatives. Atrius must also "make best efforts" to ensure the health system and its clinicians continue to serve Medicaid and Medicare patients, according to the decision. The Massachusetts Supreme Judicial Court will enter another order once the transaction has closed. UnitedHealth Group and Atrius Health did not immediately respond to interview requests about when they expect the deal to be complete. UnitedHealth Group in March 2021 announced its intention to buy the Boston not-for-profit, which provides medical services to one in 10 patients in the state and is made up of more than 700 clinicians. Atrius workers will join UnitedHealth Group's Optum arm, the organization's fastest-growing, healthcare services division. The deal is part of UnitedHealth Group's overall acquisitions of 10,000 clinicians in 2021. The healthcare parent—which also houses the nation's largest insurer, UnitedHealthcare—is the largest employer of clinicians in the nation, with more than 60,000 healthcare professionals working under Optum. Letter

Atrius Health Acquisitions

1 Acquisition

Atrius Health acquired 1 company. Their latest acquisition was PMG Physician Associates on February 07, 2017.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/7/2017

$99M

Acquired

1

Date

2/7/2017

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

Atrius Health Partners & Customers

9 Partners and customers

Atrius Health has 9 strategic partners and customers. Atrius Health recently partnered with Kyruus on February 2, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

2/12/2020

Vendor

United States

Atrius Health Engages Kyruus to Advance Novel Digital Patient Access Initiatives

This engagement also lays the foundation for a novel initiative focused on exploring how Atrius Health and Kyruus can collaborate with the region 's health plans to improve access and care coordination further .

9

2/4/2020

Partner

United States

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10

10/24/2019

Partner

United States

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10

4/22/2019

Partner

United States

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10

2/7/2019

Partner

United States

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10

Date

2/12/2020

2/4/2020

10/24/2019

4/22/2019

2/7/2019

Type

Vendor

Partner

Partner

Partner

Partner

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

Atrius Health Engages Kyruus to Advance Novel Digital Patient Access Initiatives

This engagement also lays the foundation for a novel initiative focused on exploring how Atrius Health and Kyruus can collaborate with the region 's health plans to improve access and care coordination further .

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Sources

9

10

10

10

10

Atrius Health Team

2 Team Members

Atrius Health has 2 team members, including current Chief Executive Officer, Francis Duhay.

Name

Work History

Title

Status

Francis Duhay

Chief Executive Officer

Current

Christopher Diguette

Chief Information Officer

Former

Name

Francis Duhay

Christopher Diguette

Work History

Title

Chief Executive Officer

Chief Information Officer

Status

Current

Former

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