ApolloMed Selected by L.A. Care Health Plan to Provide Hospitalist Services at Approximately 22 Hospitals in Los Angeles County
GLENDALE, Calif., Sept. 27, 2012 /PRNewswire/ -- Apollo Medical Holdings, Inc. ("ApolloMed") (OTCQB-AMEH), a leading provider of hospitalist, critical care and integrated medical management services in Southern and Central California, today announced that ApolloMed Hospitalists, one of its affiliated medical groups, signed a service agreement with L.A. Care Health Plan to provide hospital management services at those specific hospitals in Los Angeles County where hospitalist services are currently unavailable. The agreement will serve members enrolled in L.A. Care's direct lines of business and provide hospital management services at approximately 22 hospitals in Los Angeles.
L.A. Care, the largest Medi-Cal managed care plan in California and the largest public health plan in the nation, currently provides health insurance to more than one million residents in Los Angeles County. It offers Medi-Cal, Healthy Families and a Medicare Special Needs Plan to its members. Since 2001, it has also provided nearly $132 million to strengthen the health care safety net that serves those who are not eligible for any of the L.A. Care programs.
"The addition of L.A. Care to our growing list of health plan clients is further validation of the success of our unique integrated medical management model. We are leaders in providing measureable results for our customers through new and innovative approaches to health care," stated Warren Hosseinion, M.D., Chief Executive Officer of Apollo Medical Holdings, Inc.
Under the agreement with L.A. Care, ApolloMed will provide hospitalist services including management of inpatient admissions, co-management of surgical admissions, management of continued medical stays using evidence-based practices, provision of daily inpatient hospital rounds in collaboration with L.A. Care Health Plan staff, and support of transitional care and discharge planning.
About Apollo Medical Holdings, Inc.
ApolloMed is a leading provider of integrated medical management services that improves the quality and efficiency of inpatient hospital care plus multi-disciplinary care management services targeting inefficiencies in healthcare payer and provider networks. The Company's integrated model combines hospitalist medicine, critical care medicine, case management and transition management that offers to help healthcare organizations engage in performance payments for utilization efficiency, quality of care objectives and shared accountability arrangements. The company's strategy is to capitalize on the growing market for hospital-based physicians and care management services.
For more information, please visit our website: www.apollomed.net
Apollo Medical Holdings, Inc.
SOURCE Apollo Medical Holdings, Inc.
Released September 27, 2012