Navigation Links
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-centered, high quality and cost-effective care for them."

"The accountable care model represents the future of health care delivery in the United States," stated Eli Hendel, M.D., Chairman of the Board of ApolloMed ACO, Inc. "We are very excited about the opportunity to provide leadership in achieving the goals of the Medicare Shared Savings Program."

To date, 130 primary care physicians ("PCPs") from Greater Los Angeles and Central California have joined ApolloMed ACO. We look forward to working with our physicians and many more PCPs, specialists, hospitals, medical groups, health plans and other healthcare providers and stakeholders.

About Apollo Medical Holdings, Inc.

ApolloMed is a leading provider of integrated medical care and management services plus multi-disciplinary care management services targeting inefficiencies in healthcare payer and provider networks. The Company's integrated model combines its Accountable Care Organization, hospitalist medicine, critical care medicine, 24-hour physician call center, case management, high-risk medicine program, post-discharge clinics and transition care management.

For more information, please visit our website: www.apollomed.net

Media Contact: Nidia Flores Apollo Medical Holdings, Inc. 818-396-8050 nflores@apollomed.net


'/>"/>
SOURCE Apollo Medical Holdings, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Nature Made Selected As "Top Recommended Health Product" By U.S. News & World Report And Pharmacy Times
2. Sterne, Kessler, Goldstein & Fox Selected by 15 Year Old Winner of Intel International Science and Engineering Fair
3. Centene Corporation Selected for Ohio Medicaid Contract
4. DICOM Grid Selected as a Finalist for the 2012 Red Herring Top 100 Americas Award
5. Elsevier Selected as New Publisher of The American Journal of Geriatric Psychiatry
6. Four Californians Selected As Breakaway from Cancer® Champions To Be Honored During Amgen Tour of California
7. Remedy Informatics Cardiovascular Registry Selected by World-Renowned Cleveland Clinic Heart and Vascular Institute
8. ViroPharma To Participate In The JMP Securities Healthcare Conference
9. BlackStratus participates in Joint FDA-ISPE CGMP Conference
10. University of Michigans Wolverine Venture Fund Participates in $25 Million Series D Investment in Sonitus Medical
11. CryoLife to Participate in 3rd Annual Benchmark Company, LLC One-on-One Investor Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/25/2016)... MedDay, a biotechnology company focused on the treatment ... "High doses of biotin in progressive multiple sclerosis: extension phase ... Ayman Tourbah , Principal Investigator of the Phase 3 ... Neurology (EAN) in Copenhagen, Denmark . The ... on Sunday, 29 May 2016 from 14:45 to 16:15 CEST ...
(Date:5/24/2016)... --   , ... Endpunkte und demonstriert Ebenbürtigkeit bei der Gesamtreinigung des ... guter , Reinigung des ... (Logo: http://photos.prnewswire.com/prnh/20130829/633895-a ) , ... der MORA-Studie der Phase III für NER1006 (1 ...
(Date:5/24/2016)... Celsion Corporation (NASDAQ: CLSN ... an update on its ongoing OVATION study, a ... the Company,s DNA-based immunotherapy, with the standard of ... advanced ovarian cancer who will undergo neoadjuvant chemotherapy ... IL-12 DNA plasmid vector formulated as a nanoparticle ...
Breaking Medicine Technology:
(Date:5/27/2016)... ... 27, 2016 , ... More than a third of American adults are considered ... surgery has received increased attention in recent years, as an article published ... weight loss, most people are familiar with the basic requirements of maintaining a healthy ...
(Date:5/27/2016)... ... ... With over 60 percent of acute stroke survivors being left unable to ... in the rehabilitation process has steadily increased. Ekso Bionics had been working to help ... stroke. , Ekso Bionics has now received clearance from the U.S. Food and Drug ...
(Date:5/27/2016)... ... May 27, 2016 , ... Aimed ... by inspiring human interest stories, courtesy of leaders in the nursing and health ... the industry, from leading advocates and associations—namely Jones & Bartlett Learning. , Jones ...
(Date:5/26/2016)... ... ... There are many ways to cook a hot dog, but new research commissioned ... dogs straight off the grill. Of the 90 percent of Americans who say they ... hot dog, far outpacing other cooking methods such as steaming (12 percent), microwaving (9 ...
(Date:5/26/2016)... , ... May 26, 2016 , ... Connor Sports, ... basketball as a partner for the Tamika Catchings Legacy Tour that will ... industry leader in hardwood basketball surfaces in all forms and levels of the game, ...
Breaking Medicine News(10 mins):