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Apollo Medical Holdings and Boehringer Ingelheim to Collaborate On Care of ApolloMed Accountable Care Organization (ACO) Patients with COPD
Date:12/11/2013

GLENDALE, Calif. and RIDGEFIELD, Conn., Dec. 11, 2013 /PRNewswire/ -- Apollo Medical Holdings, Inc. ("ApolloMed") (OTCQB: AMEH), an integrated physician-driven healthcare delivery company, and Boehringer Ingelheim Pharmaceuticals, Inc., a research-based, global pharmaceutical company, today announced a partnership dedicated to managing the care of ApolloMed ACO patients with chronic obstructive pulmonary disease (COPD). Boehringer Ingelheim has a vast array of provider and patient resources from their "Strategies For Chronic Care" and "InStep" programs, as well as the provision of provider education around the burden of illness and COPD disease management.

More than 12.1 million people 18 years of age and older in the United States have been diagnosed with COPD.  However, pulmonary function tests show that more than 26 million people may have the disease.  According to the National Institutes of Health, chronic lower respiratory diseases, which include COPD, emphysema and asthma, are the third leading cause of death in the United States. The total economic cost of this disease was $49.9 billion in 2010.  This includes $29.5 billion in direct health care expenditures and $20.4 billion in indirect costs. 

More than 500 physicians have signed up with ApolloMed ACO, which was approved by CMS in July, 2012 to participate in the Medicare Shared Savings Program.  ApolloMed ACO has initiated a high-risk program that is targeting chronic conditions, including COPD, and is excited to partner with Boehringer Ingelheim, one of the world's leading pharmaceutical companies.  Boehringer Ingelheim has a tradition of core competency in COPD and has developed unique resources for identifying and managing COPD patients in the outpatient and inpatient settings.

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SOURCE Apollo Medical Holdings, Inc.
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