Apollo Medical Holdings, Inc. (ApolloMed) (OTC-QB: AMEH), an integrated, physician-centric healthcare delivery company, today announced that it has entered into an agreement to provide comprehensive hospitalist services for Blue Shield of California PPO members at hospitals at which ApolloMed is present. Additionally under the agreement, ApolloMed has extended its inpatient care to Cedars-Sinai® Medical Center for Blue Shield PPO, Exchange, Out of Network, and some HMO member patients. The agreement became effective May 12, 2014
"Partnering with ApolloMed reflects our shared commitment to provide patients with the best possible outcomes," stated Marc Richmond, M.D., Regional Medical Director at Blue Shield of California. "Changes in the healthcare environment are increasing the need for a coordinated approach that focuses on efficiencies in managing patients and on quality patient care. We look forward to collaborating with ApolloMed physicians on staff at these hospitals to effectively manage care and provide positive member experiences."
"We are excited to be selected by Blue Shield as its hospitalist partner," stated Warren Hosseinion, M.D., Chief Executive Officer of Apollo Medical Holdings. "We provide 'Best in Class' inpatient services to effectively manage care and optimize utilization. We also enhance care by developing a transition plan for a timely discharge and appropriate outpatient follow-up care that could prevent hospital readmissions."
Under this agreement, Blue Shield of California and ApolloMed hospitalist staff will work closely together in patient management throughout the hospital stay. Following discharge, Blue Shield of California members will receive follow-up care and prescriptions from the ApolloMed hospitalist staff to ensure a smoother transition.
"In conjunction with this agreement, we are pleased to expand our hospitalist services to Cedars-Sinai Medical Center, which has an outstanding reputation for high-quality care," added Dr. Hosseinion.
ApolloMed is currently providing inpatient services at more than 28 hospitals and long-term acute care facilities in Los Angeles and Central California. The Company also is contracted with more than 50 hospitals, independent physician associations (IPAs) and health plans in California to provide a range of services including hospitalist, intensivist, physician advisor and consulting services.
Apollo Medical Holdings, Inc. (ApolloMed)