PRESS RELEASE - JULY 9 2012
Published on July 23, 2012
EXHIBIT 99.1
July 9, 2012
FOR IMMEDIATE RELEASE
ApolloMed ACO To Participate As A Medicare Shared Savings Program Accountable Care Organization
Voluntary, New Care Coordination Program Created To Offer High Quality Service And Care To Beneficiaries Through Partnership with Medicare
Glendale, California -- ApolloMed ACO, today announced it has been selected to participate in the Medicare Shared Savings Program (Shared Savings Program) Accountable Care Organization (ACO), a multifaceted new program sponsored by the Centers for Medicare and Medicaid Services (CMS).
Through the Shared Savings Program, ApolloMed ACO will work with CMS to provide Medicare fee-for-service beneficiaries with high quality service and care, while reducing the growth in Medicare expenditures through enhanced care coordination.
Media Contact:
Nidia Flores
ApolloMed ACO
(818) 396-8050
nflores@apollomed.net
For more information about the Shared Savings Program, visit the CMS ACO website at:
www.medicare.gov/acos.html