ALHAMBRA, Calif., Sept. 27,
2023 /PRNewswire/ -- Apollo Medical Holdings, Inc.
("ApolloMed," and together with its subsidiaries and affiliated
entities, the "Company") (NASDAQ: AMEH), a leading
physician-centric, technology-powered healthcare company focused on
enabling providers in the successful delivery of value-based care,
today announced the release of its inaugural Environmental, Social,
and Governance ("ESG") At-a-Glance Report, which highlights the
Company's achievements and ongoing initiatives in advancing health
equity in the communities it serves while operating responsibly and
sustainably.
Brandon Sim, Co-CEO of ApolloMed,
stated, "ApolloMed was founded nearly 30 years ago based upon the
belief that every individual deserves access to quality healthcare.
We are very proud of the physician-centric, mission-driven
organization that we have grown to become today, serving
approximately 1.3 million members across all lines of business
through a network of over 11,000 providers, as of June 30, 2023. We are pleased to share our ESG
strategy and inaugural at-a-glance report, and we look forward to
serving more and more local communities across the country by
continuing to work closely with independent physicians and
increasing equitable access to high-quality healthcare services. At
the same time, we look forward to building upon our efforts to
operate in a socially and environmentally responsible way."
Key highlights from the 2022 ESG At-a-Glance Report include:
- Advancing health equity and providing access to
culturally-competent care: We continued to serve all
patient populations with high-quality and culturally-competent
care, with 75% of patients identifying as Hispanic/Latino, AAPI, or
Black/African American in 2022.1
- Giving back to our communities: In 2022 we actively
engaged with local communities through volunteer programs,
sponsorships, and educational initiatives, including a first aid
kit drive and the AMA Heart Walk.
- Building a supportive and inclusive workplace: We
believe a diverse workforce composed of individuals with unique
perspectives, backgrounds, and experiences enables us to better
serve the diverse communities we support. Over 65% of our workforce
identifies as female, and over 90% identifies as Hispanic/Latino or
other underrepresented groups.2
- Incorporating sustainable business practices into our
operations: We are working to understand and minimize our
environmental impact while providing innovative healthcare
solutions.
- Committed to strong corporate governance to ensure integrity
and accountability: We are committed to ensuring
compliance with all regulations relevant to our industry and strive
to operate with the highest ethical standards.
To read the inaugural ESG report and learn more about ApolloMed,
please visit:
https://www.apollomed.net/investors/esg.
1 Data is based on analysis of percentage of all
patients as of December 31, 2022.
AAPI stands for Asian American and Pacific Islander.
2 Data is as of December 31,
2022, and includes information for Network Medical
Management employees. Other underrepresented groups include
individuals who are Black/African American, Asian/Pacific Islander,
American Indian or Alaska Native, or who identify as Two or More
Races, but are not Hispanic or Latino.
About Apollo Medical Holdings, Inc.
ApolloMed is a leading physician-centric, technology-powered,
risk-bearing healthcare management company. Leveraging its
proprietary end-to-end technology solutions, ApolloMed operates an
integrated healthcare delivery platform that enables providers to
successfully participate in value-based care arrangements, thus
empowering them to deliver high quality care to patients in a
cost-effective manner.
Headquartered in Alhambra,
California, ApolloMed's subsidiaries and affiliates include
management services organizations (MSOs), affiliated independent
practice associations (IPAs), and entities participating in the
Centers for Medicare & Medicaid Services Innovation Center
(CMMI) innovation models. For more information, please visit
www.apollomed.net.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended,
such as statements about the Company's operational focus and
strategic growth plans. Forward-looking statements reflect current
views with respect to future events and financial performance and
therefore cannot be guaranteed. Such statements are based on the
current expectations and certain assumptions of the Company's
management, and some or all of such expectations and assumptions
may not materialize or may vary significantly from actual results.
Actual results may also vary materially from forward-looking
statements due to risks, uncertainties and other factors, known and
unknown, including the risk factors described from time to time in
the Company's reports to the Securities and Exchange Commission
("SEC"), including without limitation the risk factors discussed in
the Company's Annual Report on Form 10-K/A for the year ended
December 31, 2022, filed with the SEC
and any subsequent quarterly reports on Form 10-Q.
FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations
(626) 943-6491
investors@apollomed.net
Carolyne Sohn, The Equity
Group
(408) 538-4577
csohn@equityny.com
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SOURCE Apollo Medical Holdings, Inc.
