GLENDALE, Calif. ‑ Population health management company ApolloMed has taken a minority equity stake and board seat in Florida-based telehealth company LifeMD. Dr. Warren Hosseinion, the company’s CEO, will take a seat on the LifeMD board of directors. “We are committed to partnering with innovative health care technology companies that help us achieve the triple aim of improved quality of care, improved patient satisfaction and reduced health care expenditures,” said Hosseinion in a statement. ApolloMed plans to line up LifeMD’s telehealth infrastructure with its own extensive network of home health, ACO, IPA, hospitalist group and hospice/palliative care operations, he said. LifeMD will leverage ApolloMed’s comprehensive network of primary care and specialist providers to expand its physician network. “We see great potential in improving access to health care for our patients, deploying our Apollo Care Connect digital care plans across the care continuum and managing care in more cost-effective and convenient settings for patients,” Hosseinion said.
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