Apollo Medical Holdings Inc., a physician-centric, technology-powered healthcare firm, has acquired Orma Health Inc. and Provider Growth Solutions LLC (together Orma Health).
Orma Health assists physician groups in transition to value-based care and enables organizations to focus on the care of patients. The firm’s clinical AI platform takes in data and makes use of advanced risk-stratification models to identify patients for clinical programs like remote patient monitoring. The firm delivers its services to over 4,000 Medicare beneficiaries and over 2,500 patients across the Southwest.
The deal will work to accelerate Apollo’s path to developing an end-to-end technology platform to allow providers to excel in centers for Medicare & Medicaid services innovation models. Following the deal, Orma Health’s clinical AI and RPM services will be added to ApolloMed’s existing services.
“We are pleased to be joining ApolloMed, bringing Orma Health’s core competencies in developing innovative healthcare technologies that drive tangible outcomes for providers and their patients,” added Neil Ahuja, co-founder and CEO of Orma Health. “ApolloMed has been a leading healthcare management company with a long history of successfully and profitably empowering physicians in the delivery of value-based care, making it the perfect partner for us. We look forward to contributing our expertise to expanding ApolloMed’s MSO capabilities and the potential future opportunities that lie ahead.”