Health management firm Apollo Medical Holdings (NASDAQ:AMEH) has entered into a new management services agreement that will add about 145,000 new members.
The deal with an independent practice association is effective Jan. 1.
The IPA group serves members in three main markets
in Southern California: South Los Angeles, San Fernando Valley, and
Antelope Valley.
That “significantly” bolsters member under
management, says Chairman/Co-CEO Kenneth Sim, adding that “Consistent
with our strategic plan, this agreement also brings the opportunity to
further scale our business model and realize additional efficiencies.”
https://seekingalpha.com/news/3503515-apollomed-adds-145k-members-new-msa
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