Q2:23 Thematic Earnings Roundup
This earnings season has provided us with insights into how various publicly traded healthcare companies are navigating the current landscape. Let’s delve into the trends and outcomes that defined the second quarter of 2023. The Home Health & Hospice Market: The Erosion of Medicare Fee-For-Service The Home Health & Hospice (HH&H) market has been volatile of late, with companies like Amedisys Inc. (NASDAQ: AMED) reporting a significant shortfall in earnings and a decline in revenue compared to the same period last year. Amedisys reported a financial loss in the second quarter of $80.3 million, after reporting a profit in the same 2022 period. A significant portion of this... Read More »
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 »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
