Bolsa Medical Group Joins ApolloMed ACO
GLENDALE, Calif., Sept. 27, 2013 /PRNewswire/ -- Apollo Medical Holdings, Inc. ("ApolloMed") (OTCQB: AMEH), a physician-centric integrated healthcare delivery company, today announced that Bolsa Medical Group ("BMG") has signed an ACO (Accountable Care Organization) participation agreement to join ApolloMed ACO.
Based in Westminster, California, Bolsa Medical Group is a multispecialty network of 18 primary care physicians and specialists which operates in Orange County, California.
Under the terms of the agreement, ApolloMed and BMG will partner to provide ACO patients with high quality care focused on achieving better outcomes at lower costs. ApolloMed will also work with BMG 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 are very excited that BMG has elected to join ApolloMed ACO," stated Warren Hosseinion, M.D., Chief Executive Officer of Apollo Medical Holdings, Inc. "We will work together to enhance BMG's capabilities to coordinate physician-driven, patient centered healthcare and to improve efficiencies."
"Partnering with ApolloMed is consistent with our dedication to delivering the highest quality care to our patients," stated Co Pham, M.D., Chief Executive Officer and President of Bolsa Medical Group.
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 September 27, 2013