Apollo Care Connect, a wholly-owned subsidiary of Apollo Medical Holdings (ApolloMed), has acquired the population health technology provider Healarium. The acquisition expands ApolloMed’s medical management and care coordination capabilities, while positioning the company for further market expansion.
Founded in 2009, Healarium provides a cloud and mobile-based population health management platform, with an emphasis on chronic care management and total patient engagement. Said platform consist of several components, including a Care Management Dashboard which allows care managers to quickly focus on high-risk patients, Digital Care Plans which use evidence-based protocols, and a web- and mobile-based Personal Health Assistant that allows patients to view their health data, care plans, receive alerts and to track goal progress.
Healarium’s platform has reduced expenditures in patients with chronic conditions and also reduced hospital readmissions and emergency room visits. It can aggregate data from multiple sources, including hospital and physician electronic health records.
“Combining ApolloMed’s clinical expertise and performance-based financial models with a robust chronic care management software platform is a powerful solution to today’s healthcare needs,” Gary Augusta, Executive Chairman of Apollo Medical Holdings, said in a statement. “We look forward to working with our existing and future hospital, health plan and medical group partners who are looking to transition to a value-based care model.”
Healarium will continue to support Apollo Care Connect’s growth.