Apollo Medical Holdings Acquires Controlling Interest In Sun Clinical Laboratories For $4 Million

Apollo Medical Holdings, Inc. (ApolloMed) acquired a controlling interest in Sun Labs from Sun Clinical Laboratories for $4 million. ApolloMed is a physician-centric, technology-powered health care company focused on value-based care. The transaction is expected to close within the next three months. Sun Labs is a CLIA-certified full-service lab that operates 19 locations across the San Gabriel Valley in southern California.

The combination will allow ApolloMed to fully incorporate Sun Labs, an existing partner, into its integrated value-based care delivery platform, leading to greater operational efficiencies for ApolloMed and more integrated care for ApolloMed . . .