AMEH - ApolloMed and BASS Medical Group to Forge a Value-Based Healthcare Partnership | Benzinga
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.
The 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.
In 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 ...