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ApolloMed ACO Selected To Participate In A Transformative New Initiative Sponsored by the Centers for Medicare and Medicaid Services
Date:7/10/2012

GLENDALE, Calif., July 10, 2012 /PRNewswire/ -- Apollo Medical Holdings, Inc. ("ApolloMed") (OTCQB: AMEH), a leading provider of hospitalist, critical care and multi-disciplinary care management services to the healthcare community in Greater Los Angeles and Central California, announces that ApolloMed ACO, one of its subsidiaries, has been officially selected by the Centers for Medicare and Medicaid Services ("CMS") to participate in the Medicare Shared Savings Program. ("MSSP"). ApolloMed ACO was one of only eight MSSP ACOs selected in California for 2012.

The Medicare Shared Savings Program model is designed to encourage the development of Accountable Care Organizations ("ACOs"), which can can be comprised of hospitals, doctors and other health care providers who work together and are accountable for quality outcomes and the overall patient experience, while reducing the growth in Medicare expenditures.

Through the MSSP model, ApolloMed ACO will work with CMS on a program for Medicare beneficiaries that enhances the engagement between patients and their medical providers through the coordination of care and services across all aspects of their health needs. Patients will benefit from improved quality and outcomes as a result of a more efficient and coordinated approach among providers. In addition, Medicare expenditures can be reduced and ApolloMed ACO, and its physicians, can share in the program's success and quality care.

"We are pleased that our ACO has been selected by CMS to participate in the Medicare Shared Savings Program. As a leader in providing quality care with excellent outcomes, our involvement in the MSSP positions our company extremely well to thrive during this transformative phase of health care," stated Warren Hosseinion, M.D., Chief Executive Officer of Apollo Medical Holdings, Inc. and ApolloMed ACO, Inc. "We feel a deep sense of responsibility for our patients and will focus on delivering coordinated, patient-center
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SOURCE Apollo Medical Holdings, Inc.
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