IPA Group Acquired by Apollo Medical Holdings

IPA Group Acquired by Apollo Medical Holdings

Apollo Medical Holdings, Inc. (OTCQB: AMEH), an integrated population health management company, announced a new acquisition last week. The group acquired Accountable Health Care for $7.25 million, an independent practice association (IPA) that operates a network with more than 450 primary and 700 specialty care physicians. They provide healthcare services to more than 91,000 members of federally qualified health plans and multiple product lines. Apollo Medical is acquiring the group through its affiliates, Allied Pacific of California and  APC-LSMA Designated Shareholder Medical Corporation (APC-LSMA). APC-LSMA will own 75% and Allied Pacific of California will own 25% of all outstanding... Read More »