AMEH - Apollo Medical to acquire Valley Oaks Medical Group
- Apollo Medical ( NASDAQ: AMEH ) said it had entered into a definitive agreement to acquire nine primary care clinics in Las Vegas, Houston, and Fort Worth operating as Valley Oaks Medical Group (VOMG)
- VOMG provides high-quality, value-based primary care services to its local communities and serves over 20,000 patients, including approximately 6,000 Medicare members.
- The acquisition also marks ApolloMed's entry into operating primary care clinics in both Nevada and Texas, and expands ApolloMed's membership across VOMG's nine centers.
- The Company said it expects to close the trasaction by the end of the fourth quarter and will fund the transaction with cash on hand.
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Apollo Medical to acquire Valley Oaks Medical Group