{"id":915433,"date":"2025-12-02T16:32:43","date_gmt":"2025-12-02T21:32:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/p3-expands-footprint-through-joint-venture-with-commonwealth-primary-care-aco\/"},"modified":"2025-12-02T16:32:43","modified_gmt":"2025-12-02T21:32:43","slug":"p3-expands-footprint-through-joint-venture-with-commonwealth-primary-care-aco","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/p3-expands-footprint-through-joint-venture-with-commonwealth-primary-care-aco\/","title":{"rendered":"P3 Expands Footprint Through Joint Venture With Commonwealth Primary Care ACO"},"content":{"rendered":"

<\/p>\n

P3 Expands Footprint Through Joint Venture With Commonwealth Primary Care ACO<\/b><\/p>\n

New Partnership Strengthens Value-Based Care Platform for Primary Care Providers<\/i><\/p>\n

HENDERSON, Nev.–(BUSINESS WIRE<\/a>)–
\nP3 Health Partners (\u201cP3\u201d) (NASDAQ: PIII) and Commonwealth Primary Care ACO (Commonwealth) recently announced the formation of a Joint Venture Management Services Organization (MSO) for its ACO lines of business designed to expand value-based care and enhance support for primary care physicians across Arizona, California, Nevada, Oregon, and North Carolina.\n<\/p>\n

\nThis partnership brings together two highly aligned organizations with a shared belief in the power of primary care, including independent physicians, and a proven record of success in value-based models. The joint venture also expands P3\u2019s footprint i<\/b>nto Maricopa County, Arizona, strengthening the company\u2019s presence in a key growth market. By combining P3\u2019s strengths in Medicare Advantage, ACO, and delegated risk with Commonwealth\u2019s successful ACO REACH program, the JV creates a unified operational platform to better serve physicians and beneficiaries.\n<\/p>\n

\n\u201cThis joint venture positions us to strengthen our outcomes, economics, accelerate our growth strategy, and expand into a new market, with a like-minded organization,\u201d saidDr. Aric Coffman, CEO of P3 Health Partners. \u201c<\/b>Commonwealth has built a highly respected ACO model, and by aligning our capabilities, we are creating a platform that delivers stronger performance, operational efficiency, and long-term stability for the providers and patients we collectively serve.\u201d\n<\/p>\n

\nUnder the JV, P3 and Commonwealth ACO entities will remain independent but will share operations under a unified structure, with P3 serving as the majority owner.\n<\/p>\n

\n\u201cThis partnership is centered on physicians\u2014supporting them, empowering them, and ensuring they have what they need to continue delivering exceptional care,\u201d said Lance Donkerbrook, CEO of Commonwealth. \u201cIndependent primary care practices are the heart of their communities. By bringing together the strengths of Commonwealth Primary Care ACO and P3, we are giving physicians stronger tools, better data, and the operational support needed to remain independent and thrive in value-based care.\u201d\n<\/p>\n

\nThe JV will be governed by a joint board, with teams from both organizations collaborating to streamline operations, share best practices, and expand support for PCPs across the network.\n<\/p>\n

About Commonwealth Primary Care ACO, LLC<\/b><\/p>\n

\nBased in Phoenix, AZ Commonwealth Primary Care ACO is one of the nation\u2019s few primary care founded, owned, operated and governed Accountable Care Organizations (ACO). Commonwealth operates as a management entity organizing the independent primary care physicians in a virtual group arrangement, as a provider of management services, and as an organizer of technology. Commonwealth exists to serve the continued success and independence of physicians, while helping manage the transition to value and risk based in an ever-changing healthcare environment. For more information, visit www.commonwealthaco.com<\/a>.\n<\/p>\n

About P3 Health Partners (NASDAQ: PIII)<\/b><\/p>\n

P3 Health Partners Inc.<\/a> is a leading population health management company committed to transforming healthcare by improving the lives of both patients and providers. Founded and led by physicians, P3 has an expansive network of more than 2,800 affiliated primary care providers across the country. Our local teams of health care professionals manage the care of thousands of patients in 24 counties across four states. P3 supports primary care providers with value-based care coordination and administrative services that improve patient outcomes and lower costs. Through partnerships with these local providers, the P3 care team creates an enhanced patient experience by navigating, coordinating, and integrating the patient\u2019s care within the healthcare system. For more information, visit https:\/\/p3hp.org\/<\/a> and follow us on LinkedIn<\/a> and Facebook<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20251202246251\/en\/<\/a><\/span><\/p>\n

\nKassi Belz
\n
Executive Vice President, Marketing and Communications
\n
P3 Health Partners
\n
kbelz@p3hp.org<\/a><\/p>\n

KEYWORDS:<\/b> Nevada United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Managed Care General Health Health<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

P3 Expands Footprint Through Joint Venture With Commonwealth Primary Care ACO New Partnership Strengthens Value-Based Care Platform for Primary Care Providers HENDERSON, Nev.–(BUSINESS WIRE)– P3 Health Partners (\u201cP3\u201d) (NASDAQ: PIII) and Commonwealth Primary Care ACO (Commonwealth) recently announced the formation of a Joint Venture Management Services Organization (MSO) for its ACO lines of business designed to expand value-based care and enhance support for primary care physicians across Arizona, California, Nevada, Oregon, and North Carolina. This partnership brings together two highly aligned organizations with a shared belief in the power of primary care, including independent physicians, and a proven record of success in value-based models. The joint venture also expands P3\u2019s footprint into Maricopa County, Arizona, strengthening the company\u2019s presence in … <\/p>\n

Continue reading “P3 Expands Footprint Through Joint Venture With Commonwealth Primary Care ACO”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-915433","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nP3 Expands Footprint Through Joint Venture With Commonwealth Primary Care ACO - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/p3-expands-footprint-through-joint-venture-with-commonwealth-primary-care-aco\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"P3 Expands Footprint Through Joint Venture With Commonwealth Primary Care ACO - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"P3 Expands Footprint Through Joint Venture With Commonwealth Primary Care ACO New Partnership Strengthens Value-Based Care Platform for Primary Care Providers HENDERSON, Nev.–(BUSINESS WIRE)– P3 Health Partners (\u201cP3\u201d) (NASDAQ: PIII) and Commonwealth Primary Care ACO (Commonwealth) recently announced the formation of a Joint Venture Management Services Organization (MSO) for its ACO lines of business designed to expand value-based care and enhance support for primary care physicians across Arizona, California, Nevada, Oregon, and North Carolina. 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