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Duet, the largest network of independent nurse practitioner-owned primary care practices in the U.S., just landed $15M in Series A funding. The company plans to expand its 130+ clinic network across 21 states and, in a first for the industry, launch an NP-led Medicare Accountable Care Organization in 2027.
Duet, the largest network of independent nurse practitioner (NP)-owned primary care practices in the U.S., has secured $15 million in Series A funding led by Kairos, with participation from Lerer Hippeau. The fresh capital will go toward serving more clinics, deepening value-based care partnerships with insurers like Anthem, Cigna, and Centene, and expanding its engineering team. The company has now raised $22.5 million in total.
Alongside the funding news, Duet announced plans to launch the first-ever NP-led Medicare Accountable Care Organization (ACO) in 2027 — a model where NPs will both design and govern the structure, preserving practice autonomy while gaining access to technology and resources. The company also plans to roll out a clinic accelerator program that same year.
By the Numbers:
Why it matters: Duet's model addresses a critical gap — small NP-owned practices often lack the infrastructure to thrive in value-based care. By combining AI-powered tools with insurer partnerships, Duet is making it easier for NPs to deliver proactive, preventive care to underserved populations while reducing costs for payers and the broader healthcare system.