AHMC Healthcare Inc. Affiliate Acquires Central Health Plan of California, Inc.

ALHAMBRA, Calif.--()--AHMC Central Health LLC (“AHMC”), a newly formed California limited liability company and affiliate of AHMC Healthcare Inc., today announced the acquisition of Central Health Plan of California, Inc. (“Central Health Plan”) from a privately-held investor group based in Diamond Bar, California that owns and operates Central Health Plan. AHMC will continue to operate Central Health Plan as a California-licensed Knox-Keene Health Care Service Plan that specializes in the provision of managed care services to Medicare Advantage Plan enrollees. AHMC intends to operate Central Health Plan with as little change as possible to the existing operations and without any changes to its Chief Executive Officer, employee staff, contracted provider network, and benefit plans.

Jonathan Wu, M.D., President of AHMC Healthcare Inc., stated, “AHMC Healthcare Inc., together with its affiliated hospitals, is excited about the opportunity to work with Central Health Plan’s contracted physicians and employees in an integrated fashion so that we can provide better and more efficient care to our patients, consistent with Central Health Plan’s and our existing standards, in our continuing efforts to create the most effective and compassionate healthcare delivery system in our community.”

About AHMC Healthcare Inc.

AHMC Healthcare Inc., operating six acute care hospitals in Southern California having 1,102 total beds and over 6,000 employees, has established itself as a healthcare provider offering a wide range of services from primary to tertiary care. Attracting the most qualified and dedicated staff, AHMC Healthcare Inc. and its affiliated hospitals are recognized for providing the finest culturally sensitive and compassionate clinical care available to patients in its service areas.

About Central Health Plan of California, Inc.

Central Health Plan is a full-service Knox-Keene licensed Health Maintenance Organization that has been in operation since October 2004. Central Health Plan currently offers a Medicare Advantage HMO Plan – Central Health Medicare Plan – to nearly 11,000 Medicare beneficiaries who reside in Los Angeles, Orange and San Bernardino Counties. Central Health Medicare Plan specializes in providing affordable and culturally sensitive health care that addresses the specific needs of traditionally underserved populations in its service areas.

Contacts

AHMC
Philip Cohen, 626-307-2004

Release Summary

AHMC Central Health LLC acquires Diamond Bar, Calif.-based Central Health Plan of California, Inc.

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Contacts

AHMC
Philip Cohen, 626-307-2004