Apollo Medical Holdings, Inc. completed the acquisition of Assets of Texas Independent Providers, LLC.
September 01, 2023
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Apollo Medical Holdings, Inc. (NasdaqCM:AMEH) entered into a definitive agreement to acquire Assets of Texas Independent Providers, LLC on July 12, 2023. The company will fund the transaction with cash on hand. As part of the acquisition, Carlos Palacios, Managing Director, President of TIP, will join ApolloMed as the Chief Medical Officer for Texas and spearhead clinical initiatives for providers. Vincent Roth, co-founder and Executive Director of TIP, will join ApolloMed as the Group Vice President of Operations for Texas and lead the continued growth and development of ApolloMed's Texas network. The acquisition marks ApolloMed's expansion of its Care Partners business into the Texas geography. The Company anticipates closing this transaction in the third quarter of 2023.
Apollo Medical Holdings, Inc. (NasdaqCM:AMEH) completed the acquisition of Assets of Texas Independent Providers, LLC on September 1, 2023.
Astrana Health, Inc. is a healthcare company. The Company provides care coordination services to each constituent of the healthcare delivery system, including patients, families, primary care physicians, specialists, acute care hospitals, alternative sites of inpatient care, physician groups, and health plans. The Company's Care Enablement segment is an integrated, end-to-end clinical and administrative platform, powered by its technology suite, which provides operational, clinical, financial, technology, management, and strategic services. Its Care Partners segment is focused on building and managing provider networks by partnering with provider partners for coordinated care delivery. Its Care Delivery segment is a data-driven care delivery organization focused on delivering accessible care to all patients. Its care delivery organization includes primary care, multi-specialty care, and ancillary care services.