ApolloMed Wins Montebello Hospital Contract

Health management company Apollo Medical Holdings Inc. announced Monday that its affiliate medical group ApolloMed Hospitalists has been contracted to provide its services to Beverly Hospital in Montebello. Pursuant to the agreement, the Glendale company will provide round-the-clock doctors to the hospital as well as partner with hospital staff to enhance core measures and patient satisfaction scores and reduce hospital readmissions. “We are honored to have been selected as the new hospitalist group at Beverly Hospital,” Dr. Warren Hosseinion, chief executive of ApolloMed, said in a statement. “We look forward to collaborating with the hospital staff to optimize medical outcomes and improve patient satisfaction.” ApolloMed shares closed unchanged at $5 on the over-the-counter market.