Current Report

 



 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K

 

CURRENT REPORT


PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934


Date of Report (date of earliest event reported): December 21, 2018


APOLLO MEDICAL HOLDINGS, INC.

(Exact name of registrant as specified in its charter)


Delaware

001-37392

46-3837784

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(I.R.S. Employer Identification Number)


1668 S. Garfield Avenue, 2nd Floor, Alhambra, CA 91801

(Address of principal executive offices) (zip code)


(626) 282-0288

(Registrant’s telephone number including area code)


N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions:

 

 

¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).


Emerging growth company ¨

 


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 



 



Item 7.01

Regulation FD Disclosure.

 

On December 21, 2018, Apollo Medical Holdings, Inc. (the “Company”) issued a press release announcing that its subsidiary, APA ACO, Inc. generated $12.96 million in gross savings in its first performance year (2017) under the Next Generation Accountable Care Organization Model sponsored by the Centers for Medicare & Medicaid Services (“CMS”) and, as a result, it will receive $5.90 million in shared savings from CMS.  Since the Company already accrued APA ACO, Inc. expenses in 2017, the $5.90 million payment will be recognized as net income in the Company’s 2018 3rd quarter income statement.  A copy of the press release is attached hereto as Exhibit 99.1.


This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference to such filing.

 

Item 9.01

Financial Statements and Exhibits


(d)

Exhibits.

Exhibit No.

 

Description

99.1

 

Press Release of Apollo Medical Holdings, Inc., dated December 21, 2018.



 



 



SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Dated:  December 21, 2018

APOLLO MEDICAL HOLDINGS, INC.

 

 

 

 

 

 

By:

/s/ THOMAS S. LAM, M.D.

 

Name:

Thomas S. Lam, M.D.

 

Title:

Co-Chief Executive Officer