Apollo Medical Holdings, Inc. (NasdaqCM:AMEH) entered into a definitive agreement to acquire Assets of Texas Independent Providers, LLC on July 12, 2023. The company will fund the transaction with cash on hand. As part of the acquisition, Carlos Palacios, Managing Director, President of TIP, will join ApolloMed as the Chief Medical Officer for Texas and spearhead clinical initiatives for providers. Vincent Roth, co-founder and Executive Director of TIP, will join ApolloMed as the Group Vice President of Operations for Texas and lead the continued growth and development of ApolloMed's Texas network. The acquisition marks ApolloMed's expansion of its Care Partners business into the Texas geography. The Company anticipates closing this transaction in the third quarter of 2023.

Apollo Medical Holdings, Inc. (NasdaqCM:AMEH) completed the acquisition of Assets of Texas Independent Providers, LLC on September 1, 2023.