Apollo Medical Holdings

#4210

Rank

$1.57B

Marketcap

United States

Country

Leadership team

Dr. Kenneth T. Sim M.D. (Exec. Chairman)

Dr. Thomas S. Lam M.D., M.P.H. (Pres, Co-CEO & Director)

Mr. Brandon Sim (Co-Chief Exec. Officer)

Products/ Services

Health Care, Medical

Number of Employees

1,000 - 20,000

Headquarters

Alhambra, California, United States

Established

2001

Company Registration

SEC CIK number: 0001083446

Net Income

20M - 100M

Revenue

Above - 1B

Traded as

AMEH

Social Media

URL

https://www.apollomed.net

Overview

Location

Recognition and Award

References

Summary

Apollo Medical Holdings, Inc., a physician-centric technology-powered healthcare company, provides medical care services. The company is leveraging its proprietary population health management and healthcare delivery platform, operates an integrated, value-based healthcare model which empowers the providers in its network to deliver care to its patients. It offers care coordination services to patients, families, primary care physicians, specialists, acute care hospitals, alternative sites of inpatient care, physician groups, and health plans. The company's physician network consists of primary care physicians, specialist physicians, and hospitalists. It serves patients, primarily covered by private or public insurance, such as Medicare, Medicaid, and health maintenance organization plans; and non-insured patients in California. The company was founded in 1994 and is headquartered in Alhambra, California.

History

It was founded by Prathap C. Reddy in 1983 as the first corporate health care in India. The first branch at Chennai was inaugurated by the then President of India Zail Singh.Apollo developed telemedicine services, after starting a pilot project in 2000 at Aragonda, Prathap Reddy's home village.In 2007, Apollo Hospitals and DKV AG established a 74:26 joint venture health insurance company called Apollo DKV Insurance Co. The company was rebranded as Apollo Munich Health Insurance in 2009.In December 2012, Apollo Hospitals sold its 38% stake in Apollo Health Street, the group's healthcare business process outsourcing division, to Sutherland Global Services for ?225 crore .In October 2015, Apollo launched home care services under Apollo HomeCare and its digital healthcare platform called Ask Apollo.Apollo signed an MoU with Health Education England in April 2017 to provide a large number of doctors to fill vacancies in the English National Health Service.In January 2020, Apollo Hospitals sold its 50.80% percent majority stake in Apollo Munich Health Insurance to HDFC for ?1,495 crore .In March 2022, Apollo Hospitals got included in Nifty 50 benchmark index, replacing Indian Oil, to become the first hospital company to be included on the index.

Mission

To improve the health of all we serve with excellence, passion and expertise.

Vision

Our vision is to be recognized nationally as a provider of integrated care that sets the standard and improves care for our patients.

Key Team

Dr. WaiChow Young M.D. (Chief Admin. Officer)

Mr. Chan Basho (Chief Strategy Officer & Interim CFO)

Mr. John Vong (Chief Accounting Officer)

Dr. Jeremy R. Jackson M.D. (Chief Quality Officer)

Mr. Neil Ahuja (Pres of Provider Solutions)

Yubin Park (Chief Analytics Officer)

Recognition and Awards

Apollo Medical Holdings, Inc. has been honored with multiple awards including: 2019 California Physician of the Year Award, 2017 National Physician of the Year Award, and 2016 AHA’s Provider of Excellence Award.