ApolloMed To Provide Comprehensive Hospitalist Services For Allied Pacific Of California IPA

PROGRAM WILL COVER NEARLY 14,000 HOSPITAL ADMISSIONS PER YEAR


GLENDALE, Calif., Feb. 1, 2016 /PRNewswire/ -- Apollo Medical Holdings, Inc. ("ApolloMed" or "the Company") (AMEH), an integrated population health management company, today announced that one of its affiliated medical groups, ApolloMed Hospitalists, has entered into an agreement to provide comprehensive hospitalist services for Allied Pacific of California IPA ("APC").  As part of the agreement, ApolloMed will manage APC admissions at seven hospitals, including five AHMC hospitals.  Additionally, ApolloMed has created a 24/7 in-house hospitalist program at AHMC's flagship hospital, Garfield Medical Center, including a nocturnist who will admit and manage patients from 7pm-7am.

Based in Alhambra, California and founded in 1992, APC and its affiliated medical groups are one of the largest independent physician associations in California, with an enrollment of over 500,000 patients under capitation.

"Partnering with ApolloMed reflects our shared commitment to provide patients with the best possible outcomes," stated Kenneth Sim, M.D., Chairman of Allied Pacific of California IPA. "Changes in the healthcare environment are increasing the need for a coordinated approach that focuses on efficiencies in managing patients and on quality patient care.  We look forward to collaborating with ApolloMed to effectively manage care and provide positive member experiences." 

"This collaboration furthers our relationship with Allied Pacific and we look forward to working with its primary care physicians, specialists and case managers to provide 'Best in Class' care for their patients," stated Warren Hosseinion, M.D., Chief Executive Officer of Apollo Medical Holdings. "We have developed inpatient protocols to effectively manage care and optimize utilization. We also enhance care by developing a transition plan for a timely discharge and appropriate outpatient follow-up to prevent hospital readmissions."

Under this agreement, APC and ApolloMed will work closely in the following areas:  patient management during the entire hospital stay, post-discharge care coordination, enhancing inpatient core measures scores, clinical documentation improvement, identification of high-risk patients, transfer of out-of-network patients to in-network hospitals and enhancing patient satisfaction scores.  In 2015, APC had approximately 40 hospital admissions per day at these seven hospitals, translating into 14,000 admissions per year.

About Apollo Medical Holdings, Inc.

Headquartered in Glendale, California, ApolloMed is an integrated population health management company committed to providing exceptional multi-disciplinary care in the communities it serves.  ApolloMed is addressing the healthcare needs of its patients by leveraging its integrated healthcare delivery platform comprised of six affiliated and complementary physician groups:  ApolloMed Hospitalists, ApolloMed ACO (Accountable Care Organization), Maverick Medical Group (Independent Physician Association), ApolloMed Care Clinics, Apollo Care Connect and Apollo Palliative Services. ApolloMed strives to improve medical outcomes with high-quality, cost-efficient care.  For more information, please visit www.apollomed.net

Forward Looking Statements
This press release may contain forward-looking statements, including information about management's view of future expectations, plans and prospects for Apollo Medical Holdings, Inc. ("the Company").  In particular, when used in the preceding discussion, the words "predicts," "believes," "expects," "intends," "seeks," "estimates," "plans," "anticipates," and similar conditional expressions or future or conditional verbs such as "will," "may," "might," "should," "would" and "could" are intended to identify forward-looking statements.  In addition, our representatives may from time to time make oral forward-looking statements.  Any such statements, other than those of historical fact, about an action, event or development, are forward-looking statements. Such statements are based on the current expectations and certain assumptions of the Company's management.  Such statements are, therefore, subject to a variety of known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, which could cause the actual results, performance or achievements of the Company, its subsidiaries and concepts to be materially different than those that may be expressed or implied in such statements or anticipated on the basis of historical trends.  Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, the Company's actual results, performance or achievements may vary materially from those described in the relevant forward-looking statement as being expected, anticipated, intended, planned, believed, sought, estimated or projected.  Unknown or unpredictable factors also could have material adverse effects on the Company's future results.  The forward-looking statements included herein are made only as of the date hereof.  The Company cannot guarantee future results, levels of activity, performance or achievements.  Accordingly, you should not place undue reliance on these forward-looking statements.  Finally, the Company undertakes no obligation to update or revise these forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by the Company. You should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed under Item 1A. "Risk Factors" of the Company's Annual Report on Form 10-K for the year ended March 31, 2015 and in any of the Company's other subsequent Securities and Exchange Commission filings.

FOR ADDITIONAL INFORMATION
RedChip Companies
Michael Sullivan
800-733-2447 Ext. 115 or via email at Michael@redchip.com

 

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SOURCE Apollo Medical Holdings, Inc.

PR Newswire
February 1, 2016 - 9:00 AM EST


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