M&A Deal Summary

ApolloMed Acquires Jade Health Care Medical

On December 21, 2021, ApolloMed acquired healthcare services company Jade Health Care Medical

Acquisition Highlights
  • This is ApolloMed’s 6th transaction in the Healthcare Services sector.
  • This is ApolloMed’s 9th transaction in the United States.
  • This is ApolloMed’s 7th transaction in California.

M&A Deal Summary

Date 2021-12-21
Target Jade Health Care Medical
Sector Healthcare Services
Buyer(s) ApolloMed
Deal Type Add-on Acquisition

Target

Jade Health Care Medical

San Francisco, California, United States
website
Jade Health Care Medical is a primary and specialty care physicians' group focused on providing high-quality care to its local communities. Jade Health Care Medical is based in San Francisco, California.

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Buyer(S) 1

Buyer

ApolloMed

Alhambra, California, United States

website


Category Company
Founded 1985
Sector Healthcare Services
Employees1,362
Revenue 1.1B USD (2022)
DESCRIPTION

ApolloMed is an integrated healthcare company providing solutions to hospitals, health plans, physicians, and other health providers to provide cost-effective, quality healthcare. ApolloMed was founded in 1985 and is based in Alhambra, California.


DEAL STATS #
Overall 9 of 11
Sector (Healthcare Services) 6 of 8
Type (Add-on Acquisition) 7 of 9
State (California) 7 of 9
Country (United States) 9 of 11
Year (2021) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-23 Clinigence Holdings

Fort Lauderdale, Florida, United States

Clinigence Holdings is a technology-enabled, risk-bearing population health management company. The company includes an advanced, cloud-based platform that enables healthcare organizations to provide value-based care and population health management. The Clinigence platform aggregates clinical and claims data across multiple settings, information systems and sources to create a holistic view of each patient and provider and virtually unlimited insights into patient populations. The company also owns and operates a provider network of 141 primary care physicians and over 600 specialists in Los Angeles, California with 22,000 patients and has an investment in an accountable healthcare organization ("ACO") in South Florida with 15,600 Medicare patients through a network of 65 providers. Clinigence Holdings

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-27 Orma Health

San Francisco, California, United States

Orma Health has helped many physician groups transition to and succeed in the delivery of value-based care, enabling them to focus on their passion caring for patients. The company's real-time Clinical AI platform ingests data from multiple sources and utilizes advanced risk-stratification models to identify patients for various clinical programs, including remote patient monitoring ("RPM"), mental health support, chronic disease management, and more. Its clinical platform is also deeply integrated with Orma Health's proprietary RPM ecosystem, which consists of smart health devices and a suite of technology tools to help manage patients' health. Through its suite of AI-driven solutions, Orma Health currently serves over 4,000 aligned Medicare beneficiaries in a Direct Contracting Entity ("DCE") and over 2,500 patients in California, Nevada, Arizona and Texas through its RPM platform. Orma Health was formed in 2020 and is based in San Francisco, California.

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