AMVI Medical Group Joins ApolloMed ACO
GLENDALE, Calif., Oct. 18, 2013 /PRNewswire/ -- Apollo Medical Holdings, Inc. ("ApolloMed") (OTCQB: AMEH), a physician-centric integrated healthcare delivery company, today announced that AMVI Medical Group ("AMVI") has contracted with ApolloMed ACO to participate in its Accountable Care Organization.
Based in Orange County, California, AMVI Medical Group is a multispecialty network of over 50 primary care physicians and 120 specialists.
Under the terms of the agreement, ApolloMed and AMVI will partner to provide ACO patients with high quality care focused on achieving better outcomes at lower costs. ApolloMed will also work with AMVI providers to share clinical data, manage high-risk patients, coordinate care across each patient's full care continuum and to establish quality benchmarks for the delivery of highly attentive care.
"We welcome AMVI to our ACO network," stated Warren Hosseinion, M.D., Chief Executive Officer of Apollo Medical Holdings, Inc. "ApolloMed ACO is embarking on an effort to transform the quality, efficiency and satisfaction of patient care, which will have a positive effect on the community's health."
"Participating in ApolloMed ACO will allow AMVI to remain at the forefront of healthcare reform," stated Co Pham, M.D., Chief Executive Officer and President of AMVI. "Our medical group will be able to provide improved transitions of care between the inpatient and outpatient settings and improved population management."
About Apollo Medical Holdings, Inc. (ApolloMed)
Headquartered in Glendale, California and dedicated to putting the 'Patient First,' ApolloMed is a leading provider of physician-centric integrated healthcare management services, fueled by its commitment to provide exceptional multi-disciplinary care in the communities it serves in Southern and Central California. ApolloMed is addressing the healthcare needs of the nation's largest population center by leveraging its integrated healthcare delivery platform comprised of three affiliated and complementary physician groups: ApolloMed Hospitalists, ApolloMed ACO (Accountable Care Organization) and Maverick Medical Group (Independent Physician Association). This platform combines hospitalist medicine, critical care medicine, case management and transition management that enable healthcare organizations to engage in performance payments for utilization efficiency, quality of care objectives and shared accountability arrangements. ApolloMed strives to improve medical outcomes with high quality, cost efficient care. For more information, please visit www.apollomed.net.
Forward Looking Statements
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SOURCE Apollo Medical Holdings, Inc.
Released October 18, 2013