Primary Care Physician at Florence Health (Redding)

Florence Health· Redding· $375k–$400k·1d ago

Role details

Salary

$375k–$400k

Work type

Onsite

Employment

Full-Time

Job description

The full description lives on the employer’s site. Open the listing.

Culture: Technology-driven, mission-focused on transforming primary care through value-based models. Emphasizes execution, transparency, and independent physician partnerships.
Work model: Remote/hybrid options available (e.g., Senior Growth Director role listed as “Remote or Hybrid”). On-site workspace in Atlanta and Belgrade.
Perks & benefits (based on Built In):
– Company equity
– Diversity-based Employee Resource Groups
– Family medical leave
– Dental and other health insurance
– Job training and talent development programs
Engineering culture: Proprietary health data platform (Nightingale) offers meaningful technical challenges in data integration and healthcare analytics.

One-liner: Florence Health is a technology-driven healthcare company operating a practice-isolated Accountable Care Organization (ACO) for independent primary care physicians, designed to improve outcomes and lower costs through transparent value-based care models.
Entity Type: Private – no disclosed funding rounds; offers company equity per career listings.
Headquarters: The company lists both Arlington, VA (on its official About page) and Atlanta, GA (on Built In’s profile) as key locations. Atlanta is described as the HQ on Built In.
Founded: Conflicting reports – the official About page states 2023, while Built In lists the founding year as 2019. Both sources are cited.
Founders: Jake Halpert (Founder & CEO)

Primary industry: Healthcare (value-based care / Medicare ACO)
Target customers: Independent primary care practices and Federally Qualified Health Centers (FQHCs) in the U.S. (B2B)
Mission/purpose: “To improve patient outcomes, lower total cost of care, and align incentives between providers, patients, and payers — without compromising the clinical independence of our practice partners.” [florencehealth.com/about]

Nightingale Platform: A proprietary technology platform that ingests health data and patient records to power care gap identification, risk stratification, and provider-level financial reporting.
Practice-Isolated ACO (MSSP Enhanced): A Medicare Shared Savings Program track that measures each practice’s performance individually rather than pooling results across a network. Practices keep their existing Medicare FFS revenue plus receive in-year advances and year-end shared savings distributions.
Payment Models: Options include Enhanced FFS, FFS + Flat Visit Fee, and FFS + PMPM (per member per month).
Upcoming LEAD Program: A new 10-year accountable care program launching January 2027; Florence will offer both MSSP and LEAD participation for PY2027.

Valuation/Market Cap: Not disclosed
Key Metrics:
– 16% ACO Savings Rate for performance years 2024 and 2025
– $1,100 average distribution per attributed beneficiary
– 4× better savings versus comparable ACOs
– 100% provider retention among invited renewals
Notable Investors/Partners: Not specified. Key partners include the Centers for Medicare & Medicaid Services (CMS) through the MSSP.
Growth Signals: Expanding into the LEAD program; strong provider retention and savings performance; network growth with two office locations (Atlanta and Belgrade, Serbia).

Practice‑isolated measurement: Each provider is scored on their own results, not averaged against a larger network.
Monthly cash‑flow advances: Practices receive predictable cash flow throughout the year rather than waiting 9–22 months for year-end distributions.
Selective network: “Florence is selective by design” – focuses on high-performing independent practices.
Hands‑on execution support: Monthly performance reviews, care gap identification, and provider-level reporting through the Florence Success Model.

Scaling the network of independent practices and FQHCs while maintaining clinical independence.
Preparing for the CMS LEAD program launch in 2027, offering practices a choice between MSSP and LEAD.
Continued investment in the Nightingale platform to improve data analytics and provider insights.

Sources