ApolloMed ACO To Participate As A Medicare Shared Savings Program Accountable Care Organization
GLENDALE, Calif., July 9, 2012 /PRNewswire/ — ApolloMed ACO, a subsidiary of Apollo Medical Holdings, Inc. (OTCQB:AMEH), today announced it has been selected to participate in the Medicare Shared Savings Program (Shared Savings Program) Accountable Care Organization (ACO), a multifaceted new program sponsored by the Centers for Medicare and Medicaid Services (CMS).
Through the Shared Savings Program, ApolloMed ACO will work with CMS to provide Medicare fee-for-service beneficiaries with high quality service and care, while reducing the growth in Medicare expenditures through enhanced care coordination.
For more information about the Shared Savings Program, visit the CMS ACO website at: www.medicare.gov/acos.html
SOURCE Apollo Medical Holdings, Inc.