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ApolloMed and BASS Medical Group to Forge a Value-Based Healthcare Partnership
ALHAMBRA, Calif., Jan. 29, 2024 /PRNewswire/ -- Apollo Medical Holdings, Inc.("ApolloMed," and together with its subsidiaries and affiliated entities, the
About this update from Astrana Health Inc.
[{"type":"text","content":"ALHAMBRA, Calif., Jan. 29, 2024 /PRNewswire/ -- Apollo Medical Holdings, Inc.(\"ApolloMed,\" and together with its subsidiaries and affiliated entities, the \"Company\") (NASDAQ: AMEH), a leading provider-centric, technology-powered healthcare company enabling providers to deliver accessible, high-quality, and high-value care to all, today announced a strategic long-term partnership with BASS Medical Group, one of the largest multi-specialty medical groups in the Greater San Francisco Bay Area.\n\n \n \n \n \n \n \n\n \nThe partnership will bolster BASS Medical Group's value-based care and operational infrastructure, enabling them to successfully participate in total cost of care arrangements and build more effective care models integrating primary care and multi-specialty care. Together, the two organizations will aim to bring high-quality care via value-based arrangements to patients of all insurance types, including Medicare, Medicaid, ACA Marketplace, and Commercial. BASS Medical Group plans to transition its existing value-based arrangements to this new partnership, and ApolloMed will serve as BASS Medical Group's exclusive partner for all new value-based arrangements.\nIn order to operationalize this partnership, ApolloMed plans to deploy its value-based care platform and care enablement solutions to BASS Medical Group's over 400 providers and almost 200 locations across Northern California over the following several quarters. In addition, ApolloMed plans to partner with BASS Medical Group's extensive multi-specialty group in order to enter several new markets and serve local communities in Santa Clara and Alameda Counties, as well as expand its presence in San Mateo, San Francisco, and Stanislaus Counties.\nBrandon Sim, President and CEO of ApolloMed, stated, \"We are thrilled to join forces with BASS Medical Group given their outstanding reputation of providing high-quality care to patients. In BASS Medical Group, we believe we have found a like-minded partner in the way we empower providers, focus on the provider-patient relationship, and deliver high-quality, compassionate care, with a focus on aligning both primary and specialty care in value-based models. We are excited to partner with Inez and BASS Medical Group to improve patient care across Northern California and beyond, focusing on delivering higher quality heal...