AMEH.. $0.18
ApolloMed Hospitalists Selected to Provide Hospitalist Services to Tulare Regional Medical Center
Today : Friday 9 September 2011
Apollo Medical Holdings, Inc. (OTC-BB: AMEH), a leading provider of hospitalist, critical care, call center and care management services to the healthcare community, today announced that ApolloMed Hospitalists, one of its affiliated medical groups, signed a service agreement with Tulare Regional Medical Center to provide comprehensive inpatient care services at the 112-bed facility in Tulare, California.
"We are very excited to have been selected as the hospitalist group at Tulare Regional. We look forward to working with the medical staff and management to enhance patient care and efficiencies," stated Warren Hosseinion, M.D., Chief Executive Officer of Apollo Medical Holdings.
"Tulare Regional Medical Center welcomes ApolloMed Hospitalists to our team of healthcare providers, realizing that our patients will benefit from their delivery of quality care," stated Shawn Bolouki, Chief Executive Officer of Tulare Regional Medical Center.
"We look forward to growing with Tulare Regional as it nears completion of its new $120 million budgeted medical tower in 2012, which will be equipped with additional bed capacity, a roof-top helipad, robotic surgery capabilities, 24-bay emergency department and trauma capabilities," stated Adrian Vazquez, M.D., President and Chairman of Apollo Medical Holdings, Inc.
About Apollo Medical Holdings, Inc.
Apollo is a leading provider of hospitalist, critical care, call center and multi-disciplinary care management services to the healthcare community in California. The company intends to capitalize on the growing market for hospitalists, critical care specialists and care management services. There are 4900 acute care hospitals in the U.S., with over 35 million annual admissions. Total U.S. spending on hospital care is over $650 billion, and is expected to increase to $1.3 trillion by 2016. There are tremendous inefficiencies in the delivery of inpatient care and a high rate of hospital errors. Both of these are drivers for the growth of hospital-based medicine. Apollo and its affiliated medical groups have proven expertise in providing excellent and efficient care to hospitalized patients.
SOURCE Apollo Medical Holdings, Inc.
