AMEH - Apollo Medical Holdings' strategic investment in New York-based CAIPA MSO

Apollo Medical Holdings (AMEH) and New-York based CAIPA MSO, a management services organization announced a strategic alliance and investment by ApolloMed in CAIPA MSO benefitting patients, physicians and the greater healthcare industry in the U.S.With 1K+ private practice providers covering 70+ specialties, CAIPA's provider network provides medical services and care to ~500K patient.Under agreement terms, ApolloMed will purchase units of membership interest of CAIPA MSO, leading to ApolloMed owning 30% of the post-closing total interests in CAIPA MSO on a fully diluted basis.Together, ApolloMed and CAIPA MSO will assist healthcare providers to deliver quality care to 1.6M+ patients nationwide, while reducing the overall cost of healthcare.ApolloMed will fund the transaction from cash on hand and the transaction is expected to close in the next three to six months.

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Apollo Medical Holdings' strategic investment in New York-based CAIPA MSO