Correction note: The initial report incorrectly listed ApolloMD as a non-physician-owned company. This error has been corrected in the document and at IvyClinicians.io. Per Dr. Yogin Patel, CEO of ApolloMD:
"I did want to clarify that as a completely private, independent group in this space for over 40 years, ApolloMD is majority physician-owned. We allow all full-time physicians, PAs, NPs, and company employees to own in the organization, provided they meet our ownership criteria. With that said, physician ownership comprises the majority of our ownership, with roughly 300 physicians taking advantage of that opportunity. In addition, we carry little to no debt, allowing our ownership to carry real value."
Correction note: The initial report incorrectly listed ApolloMD as a non-physician-owned company. This error has been corrected in the document and at IvyClinicians.io. Per Dr. Yogin Patel, CEO of ApolloMD:
"I did want to clarify that as a completely private, independent group in this space for over 40 years, ApolloMD is majority physician-owned. We allow all full-time physicians, PAs, NPs, and company employees to own in the organization, provided they meet our ownership criteria. With that said, physician ownership comprises the majority of our ownership, with roughly 300 physicians taking advantage of that opportunity. In addition, we carry little to no debt, allowing our ownership to carry real value."
Link to prior report (Sept 2023): https://emworkforce.substack.com/p/state-of-the-us-emergency-medicine
Any updates on the App bankruptcy case?
S. Etengoff DO, FACEP
The bankruptcy docs can be found at https://dm.epiq11.com/case/americanphysicianpartners/info. Looks like the bar date is next week (March 18th).
Goldman Sachs submitted a claim for $594,227,927. That's a lot of $$$.