Health Care Transformation Task Force Grows, Adds Two Members

WASHINGTON, Aug. 7, 2017 /PRNewswire/ -- Apollo Medical Holdings, Inc. ("ApolloMed") (OTC: AMEH).  The Health Care Transformation Task Force (HCTTF), a consortium of leading health care payers, providers, purchasers and patient organizations working to accelerate the pace of U.S. health care delivery system transformation, announced today that ApolloMed and ConcertoHealth have joined its membership.

"ApolloMed and Concerto Health are leaders in the transformation to value-based care, and their knowledge and commitment to this important transition will be invaluable as we continue to move the health care sector to better serve patients," said Jeff Micklos, Executive Director of the Health Care Transformation Task Force.

With more than 40 members representing patients, payers, providers and purchasers, as well as academic and policy leaders, the HCTTF is further aligning private and public sector efforts to transform the U.S. health care system. With deep experience in both private and public sector health care, the Task Force is uniquely positioned to develop and disseminate strategy, operational and policy recommendations to spark rapid, measurable change across the health care landscape.

"We believe that HCTTF's mandate aligns very well with ConcertoHealth's enduring commitment to delivery system design and healthcare policy that promote patient-centered care, particularly for the benefit of frail, elderly, and high risk patient populations across the country," said Colin LeClair, Chief Development Officer for Concerto Health.

Already operating exclusively in value-based agreements, ConcertoHealth provides high-touch, individualized care for patients, and also deploys wraparound clinical resources to extend the reach of primary care practices.

ApolloMed is a leading integrated healthcare company providing solutions to hospitals, health plans, physicians, and other health providers to provide cost-effective, quality healthcare.

"Our organization is and has been a strong advocate of the goals of the triple aim as well as the transition to value-based payment models," said Warren Hosseinion, Chief Executive officer and Co-Founder of ApolloMed. "We are thrilled to be joining Health Care Transformation Task Force to help further our goal of delivering high-quality care to patients across the entire care continuum."

As part of the Health Care Transformation Task Force, members are committed to put 75 percent of their business into value-based arrangements that focus on the Triple Aim of better health, better care and lower costs by 2020.   

About Health Care Transformation Task Force

Health Care Transformation Task Force is an industry consortium that brings together patients, payers, providers and purchasers to align private and public sector efforts to clear the way for a sweeping transformation of the U.S. health care system. Our members are committed to rapid, measurable change, both for ourselves and our country. Our members aspire to having 75 percent of our respective businesses operating under value-based payment arrangements by 2020. To learn more, visit www.hcttf.org. 

About Apollo Medical Holdings, Inc. (ApolloMed)

Founded in 2001 and headquartered in Glendale, California, ApolloMed is a leading integrated population health management company committed to providing 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:  ApolloMed Hospitalists, ApolloMed ACO (MSSP Accountable Care Organization), APA ACO (Next Generation ACO), Maverick Medical Group (Independent Physician Association), Apollo Care Connect and Apollo Palliative Services (Hospice/Palliative Care and Home Health).  ApolloMed strives to improve medical outcomes with high-quality, cost-efficient care.  For more information, please visit www.apollomed.net

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SOURCE Apollo Medical Holdings, Inc.