Profile: Apollo Medical Holdings Inc (AMEH.PK)
8 Feb 2016
Apollo Medical Holdings, Inc. (ApolloMed), incorporated on June 18, 2008, is a medical management holding company. The Company operates through its subsidiary management companies, which are Apollo Medical Management, Inc. (AMM), Pulmonary Critical Care Management, Inc. (PCCM), Verdugo Medical Management, Inc. (VMM) and ApolloMed ACO, Inc. (ApolloMed ACO). ApolloMed, as a physician-centric healthcare delivery system, serves Medicare, Commercial and Medi-Cal beneficiaries in California. ApolloMed’s subsidiaries operate various contracts with health plans, Independent Physician Associations (IPAs), Hospitals, and the Centers for Medicare and Medicaid Services’s (CMS’) Medicare Shared Savings Program. The Company engages with various constituents of a healthcare delivery system, including patients, families, primary care physicians, specialists, acute care hospitals, alternative sites of inpatient care, physician groups and health plans. It offers care coordination services for these constituents and assists in patient care in inpatient and outpatient settings.
Through AMM, PCCM, and VMM, the Company manages affiliated medical groups, which have been consolidated and include ApolloMed Hospitalists (AMH), Los Angeles Lung Center (LALC) and Eli Hendel, M.D., Inc. (Hendel). AMM, PCCM and VMM each operate as a physician practice management company (PPM) and are in the business of providing management services to physician practice corporations (PPC) under long-term management service agreements. ApolloMedACO participates in the Medicare Shared Savings Program (MSSP).
As of January 31, 2014, ApolloMed provides inpatient services at over 28 hospitals and long-term acute care facilities in Los Angeles and Central California, where it has contracted with over 50 hospitals, IPAs and health plans to provide a range of inpatient services including hospitalist, intensivist, physician advisor and consulting services. The Company’s accountable care organization (ACO), ApolloMed Accountable Care Organization, Inc. (ApolloMed ACO), engages in CMS’ Medicare Shared Savings Program. The Company’s ACO program is designed to work together with payers by aligning provider incentives. ApolloMed’s Maverick Medical Group, Inc. (MMG) is an independent physician association that provides primary and specialist care through its physician members located in Los Angeles. MMG also participates in Medicare Advantage, HMO-Medicaid and dual eligible markets. As of April 30, 2014, ApolloMed has developed a network of over 700 hospitalists, primary care physicians and specialist physicians through its owned and affiliated physician groups.
The Company competes with Emcare, Team Health, IPC The Hospitalist Company and DaVita Health Care Partners.
Apollo Medical Holdings Inc
450 N Brand Blvd Ste 600
GLENDALE CA 91203-2349