Apollo Care Connect acquires Healarium's population health management technology and operating platform

Apollo Medical Holdings, Inc. ("ApolloMed" or "the Company") (AMEH), an integrated population health management company, is pleased to announce that Apollo Care Connect, a wholly-owned subsidiary of ApolloMed, has acquired the population health management technology and operating platform of Healarium, Inc. The acquisition expands ApolloMed's medical management and care coordination capabilities and positions the company for further market expansion.

Healarium, founded in 2009, provides a cloud and mobile-based population health management platform, with an emphasis on chronic care management and total patient engagement. Among its distinctive components are a Care Management Dashboard which allows care managers to quickly focus on high-risk patients, Digital Care Plans which use evidence-based protocols, and a Personal Health Assistant, accessible via mobile or web, that allows patients to view their health data, care plans, receive alerts and to track goal progress. With one click, physicians and care managers can prescribe patients a clinically appropriate and comprehensive treatment plan. This care plan is personalized and includes daily regimens which leverage ApolloMed's expertise in clinical care, care coordination and medical risk management. Healarium's platform has reduced expenditures in patients with chronic conditions and also reduced hospital readmissions and emergency room visits. Additionally, the platform supports the requirements to satisfy the Centers for Medicare and Medicaid Services ("CMS") Chronic Care Management ("CCM") reimbursements for those Medicare enrollees with two or more chronic conditions. Healarium has the capability to aggregate data from multiple sources, including hospital and physician electronic health records. Healarium will continue to support Apollo Care Connect's growth.

"We believe that engaging patients in their own care is an important part of the changing landscape of healthcare," stated Warren Hosseinion, M.D., Chief Executive Officer of Apollo Medical Holdings, Inc. "Healarium's technology platform will further enable us to meet the new challenges in the evolving world of value-based reimbursements."

"Combining ApolloMed's clinical expertise and performance-based financial models with a robust chronic care management software platform is a powerful solution to today's healthcare needs," stated Gary Augusta, Executive Chairman of Apollo Medical Holdings, Inc. "We look forward to working with our existing and future hospital, health plan and medical group partners who are looking to transition to a value-based care model."