GLENDALE, Calif., June 21, 2016 /PRNewswire/ -- Apollo Medical Holdings, Inc. ("ApolloMed" or "the Company") (OTC: AMEH), an integrated population health management company, today announced that one of its affiliated medical groups, ApolloMed Hospitalists, has entered into an agreement to provide comprehensive hospitalist services for Salinas Valley Memorial Hospital ("SVMH").
Under the terms of the agreement, ApolloMed will provide twelve full-time equivalent hospitalists to cover five daytime (7am-7pm) shifts and one in-house nocturnist (7pm-7am) shift, as well as a care coordinator who will round daily on patients and coordinate communication between the hospitalists and patient's primary care physicians. ApolloMed will partner with the hospital administration, medical staff, nurses and case managers to enhance clinical core measures scores, improve clinical documentation, optimize lengths of stay, reduce hospital readmissions and to enhance patient satisfaction scores.
Founded in 1953 and located in Salinas, California, Salinas Valley Memorial Hospital is a 269-bed acute care hospital that provides comprehensive healthcare services for the Monterey County region and beyond, including cardiothoracic surgery, neurosurgery, comprehensive cancer care, spinal surgery, stroke center and robotic surgery.
"We are very excited to have been selected as the new hospitalist group at SVMH," stated Warren Hosseinion, M.D., Chief Executive Officer of Apollo Medical Holdings. "We have developed inpatient protocols to effectively manage care and optimize utilization, and look forward to working with the medical and nursing staff to enhance patient care."
"We are committed to high-quality patient care and look forward to partnering with the ApolloMed team to meet the needs of our patients, medical staff and community," stated Allen Radner, M.D., Chief Medical Officer of Salinas Valley Memorial Hospital.
About Apollo Medical Holdings, Inc.
Headquartered in Glendale, California, ApolloMed is an integrated population health management company committed to providing exceptional multi-disciplinary care in the communities it serves. ApolloMed is addressing the healthcare needs of its patients by leveraging its integrated healthcare delivery platform comprised of six affiliated and complementary physician groups: ApolloMed Hospitalists, ApolloMed ACO (Accountable Care Organization), Maverick Medical Group (Independent Physician Association), Apollo Care Connect and Apollo Palliative Services. ApolloMed strives to improve medical outcomes with high-quality, cost-efficient care. For more information, please visit www.apollomed.net
Forward Looking Statements
This press release may contain forward-looking statements, including information about management's view of future expectations, plans and prospects for Apollo Medical Holdings, Inc. ("the Company"). In particular, when used in the preceding discussion, the words "predicts," "believes," "expects," "intends," "seeks," "estimates," "plans," "anticipates," and similar conditional expressions or future or conditional verbs such as "will," "may," "might," "should," "would" and "could" are intended to identify forward-looking statements. In addition, our representatives may from time to time make oral forward-looking statements. Any such statements, other than those of historical fact, about an action, event or development, are forward-looking statements. Such statements are based on the current expectations and certain assumptions of the Company's management. Such statements are, therefore, subject to a variety of known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, which could cause the actual results, performance or achievements of the Company, its subsidiaries and concepts to be materially different than those that may be expressed or implied in such statements or anticipated on the basis of historical trends. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, the Company's actual results, performance or achievements may vary materially from those described in the relevant forward-looking statement as being expected, anticipated, intended, planned, believed, sought, estimated or projected. Unknown or unpredictable factors also could have material adverse effects on the Company's future results. The forward-looking statements included herein are made only as of the date hereof. The Company cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, the Company undertakes no obligation to update or revise these forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by the Company. You should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed under Item 1A. "Risk Factors" of the Company's Annual Report on Form 10-K for the year ended March 31, 2015 and in any of the Company's other subsequent Securities and Exchange Commission filings.
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