Apollo Medical Holdings Announces the Appointment of Lance Jon Kimmel to its Board of Directors

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Apr 13, 2015, 01:43 ET

GLENDALE, Calif., April 13, 2015 /PRNewswire/ -- Apollo Medical Holdings, Inc. ("ApolloMed") (OTC-QB: AMEH), an integrated patient–centered, physician-driven healthcare delivery company, today announced the appointment of Lance Jon Kimmel as an independent member of its Board of Directors.

Mr. Kimmel is the founder and has been the managing partner of SEC Law Firm in Los Angeles, California since February 2004. His practice focuses on public and private securities offerings, going public transactions, SEC reporting, corporate governance, representation of companies before the SEC and stock exchanges, mergers and acquisitions, and SRO compliance for investment bankers, auditors and other service providers. He handles capital raising at every level, from seed capital to IPOs, from reverse mergers to PIPEs, from equity credit lines to bank credit facilities. His clients reflect the spectrum of 21^st century business, from healthcare services to medical devices, from biotechnology to green technology, from financial services to the entertainment industry and from real estate to consumer goods.

As one of the most frequently quoted securities attorneys in America, Mr. Kimmel has contributed his insights to NPR Marketplace, Dow Jones, Sky Radio, the Los Angeles Times, Bloomberg Forum and Financier Worldwide, among other mainstream and financial broadcast and print media around the world. He has written numerous articles and speaks often on current legal issues in the corporate finance and corporate governance arenas in the U.S., Europe and China. He serves on the Securities Regulation Committee of the American Bar Association, served as a national coordinator of the SEC's Small Business Forum, has given testimony to the SEC's Advisory Committee on Smaller Public Companies on reform proposals, and has been a keynote speaker at the National Investment Bankers Association.

Previously, Mr. Kimmel was a partner at Foley & Lardner in its Los Angeles office and Alschuler Grossman Stein & Kahan in Los Angeles. He received his JD from the New York University School of Law, attended Edinburgh University in Edinburgh, Scotland and graduated from Franklin & Marshall College, majoring in Government and Classical Civilization.

"We are honored to have Lance join our Board of Directors," stated Warren Hosseinion, MD, Chief Executive Officer of Apollo Medical Holdings. "His wealth of experience in the securities industry, especially in SEC reporting, capital raising, M&A and corporate governance, will prove invaluable to us as we persist in executing strategies to distinguish ApolloMed as a noted leader in integrated healthcare delivery."

"I am delighted to join the ApolloMed Board of Directors," stated Lance Kimmel. "The company is a leader in its field and I look forward to working with a dedicated management team and my fellow directors in helping ApolloMed continue to grow."

"Mr. Kimmel's appointment is another step in augmenting our leadership and governance infrastructure to position ApolloMed for continued growth of our integrated healthcare delivery platform," added Gary Augusta, Executive Chairman of Apollo Medical Holdings.

As part of this transition in board membership, which was executed in order for the board to have a majority of independent directors, Mark Meyers has joined ApolloMed's Advisory Board. Mr. Meyers, who has served as a board director since October 2012 and also as Chief Strategy Officer, is a senior healthcare executive whose career spans over 30 years.

About Apollo Medical Holdings, Inc.

Headquartered in Glendale, California, ApolloMed is a leading integrated patient-centered, physician-centric healthcare delivery company committed to providing exceptional multi-disciplinary care in the communities it serves. ApolloMed is addressing the healthcare needs of its patients by leveraging its integrated healthcare delivery platform comprised of six affiliated and complementary physician groups: ApolloMed Hospitalists, ApolloMed ACO (Accountable Care Organization), Maverick Medical Group (Independent Physician Association), AKM Medical Group (IPA), ApolloMed Care Clinics and Apollo Palliative Services. ApolloMed strives to improve medical outcomes with high-quality, cost-efficient care. For more information, please visit www.apollomed.net

Forward Looking Statements
This press release may contain forward-looking statements, including information about management's view of future expectations, plans and prospects for Apollo Medical Holdings, Inc. ("the Company"). In particular, when used in the preceding discussion, the words "predicts," "believes," "expects," "intends," "seeks," "estimates," "plans," "anticipates," and similar conditional expressions or future or conditional verbs such as "will," "may," "might," "should," "would" and "could" are intended to identify forward-looking statements. In addition, our representatives may from time to time make oral forward-looking statements. Any such statements, other than those of historical fact, about an action, event or development, are forward-looking statements. Such statements are based on the current expectations and certain assumptions of the Company's management. Such statements are, therefore, subject to a variety of known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, which could cause the actual results, performance or achievements of the Company, its subsidiaries and concepts to be materially different than those that may be expressed or implied in such statements or anticipated on the basis of historical trends. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, the Company's actual results, performance or achievements may vary materially from those described in the relevant forward-looking statement as being expected, anticipated, intended, planned, believed, sought, estimated or projected. Unknown or unpredictable factors also could have material adverse effects on the Company's future results. The forward-looking statements included herein are made only as of the date hereof. The Company cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, the Company undertakes no obligation to update or revise these forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by the Company. You should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed under Item 1A. "Risk Factors" of the Company's Annual Report on Form 10-K for the year ended January 31, 2014 and in any of the Company's other subsequent Securities and Exchange Commission filings.

FOR ADDITIONAL INFORMATION
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SOURCE Apollo Medical Holdings, Inc.