Pacifica Hospital Joins ApolloMed ACO
GLENDALE, Calif., Oct. 23, 2013 /PRNewswire/ -- Apollo Medical Holdings, Inc. ("ApolloMed") (OTC-QB: AMEH), a physician-centric integrated healthcare delivery company, today announced that Pacifica Hospital of the Valley has signed a hospital ACO (Accountable Care Organization) participation agreement with ApolloMed ACO.
Based in Sun Valley, California, Pacifica Hospital of the Valley is a 231-bed acute care hospital that has been a major provider of healthcare to adults and children in the San Fernando Valley for over three decades. With a population of nearly 405,000 living within a five-mile radius, Pacifica offers a full range of inpatient and outpatient services, including a 24-hour paramedic receiving emergency department, surgical services, behavioral health services, subacute unit and maternity care.
Under the terms of the agreement, ApolloMed and Pacifica Hospital will partner to provide ACO patients with high quality care focused on achieving better outcomes at lower costs. ApolloMed will also work with ACO providers to share clinical data, manage high-risk patients, coordinate care across each patient's full care continuum and to establish quality benchmarks for the delivery of highly attentive care.
"ApolloMed's vision is to develop meaningful and trusting relationships with its patients, providers and hospital partners," stated Warren Hosseinion, M.D., Chief Executive Officer of Apollo Medical Holdings. "Partnering with outstanding hospitals like Pacifica Hospital, we're redefining the way healthcare is delivered. This will result in better, more efficient and more affordable care."
"We have made the decision to commit ourselves to reaching beyond the four walls of our hospital," stated Ayman Mousa, DHA, Chief Executive Officer of Pacifica Hospital. "The innovative collaboration between multiple providers, payers and hospitals reflects the uniqueness of ApolloMed's approach to accountable care. We are extremely pleased to partner with ApolloMed to implement this important initiative."
About Apollo Medical Holdings, Inc. (ApolloMed)
Headquartered in Glendale, California and dedicated to putting the 'Patient First,' ApolloMed is a leading provider of physician-centric integrated healthcare management services, fueled by its commitment to provide exceptional multi-disciplinary care in the communities it serves in Southern and Central California. ApolloMed is addressing the healthcare needs of the nation's largest population center by leveraging its integrated healthcare delivery platform comprised of three affiliated and complementary physician groups: ApolloMed Hospitalists, ApolloMed ACO (Accountable Care Organization) and Maverick Medical Group (Independent Physician Association). This platform combines hospitalist medicine, critical care medicine, case management and transition management that enable healthcare organizations to engage in performance payments for utilization efficiency, quality of care objectives and shared accountability arrangements. ApolloMed strives to improve medical outcomes with high quality, cost efficient care. For more information, please visit www.apollomed.net.
Forward Looking Statements
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FOR ADDITIONAL INFORMATION, PLEASE CONTACT
Kathy Addison, Chief Operating Officer
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SOURCE Apollo Medical Holdings, Inc.