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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue      
Total revenue $ 560,618,097 $ 519,907,752 $ 356,355,930
Operating expenses      
Cost of services 467,804,899 361,132,111 273,453,287
General and administrative expenses 41,482,375 43,353,787 26,249,532
Depreciation and amortization 18,280,198 19,303,179 19,075,353
Provision for doubtful accounts (1,363,363) 3,887,647 0
Impairment of goodwill and intangible assets 1,994,000 3,798,866 2,431,791
Total expenses 528,198,109 431,475,590 321,209,963
Income from operations 32,419,988 88,432,162 35,145,967
Other (expense) income      
Loss from equity method investments (6,900,859) (8,125,285) (1,112,541)
Interest expense (4,733,256) (560,515) (79,689)
Interest income 2,023,873 1,258,638 1,015,204
Change in fair value of derivative instrument 0 0 (44,886)
Gain on settlement of preexisting note receivable from ApolloMed 0 0 921,938
Gain from investments – fair value adjustments 0 0 13,697,018
Other income 3,030,203 1,622,131 168,102
Total other (expense) income, net (6,580,039) (5,805,031) 14,565,146
Income before provision for income taxes 25,839,949 82,627,131 49,711,113
Provision for income taxes 8,166,632 22,359,640 3,886,785
Net income 17,673,317 60,267,491 45,824,328
Net income attributable to noncontrolling interests 3,556,772 49,432,489 20,022,486
Net income attributable to Apollo Medical Holdings, Inc. $ 14,116,545 $ 10,835,002 $ 25,801,842
Earnings per share – basic (in dollars per share) $ 0.41 $ 0.33 $ 1.01
Earnings per share – diluted (in dollars per share) $ 0.39 $ 0.29 $ 0.90
Weighted average shares of common stock outstanding – basic (in shares) 34,708,429 32,893,940 25,525,786
Weighted average shares of common stock outstanding - diluted (in shares) 36,403,279 37,914,886 28,661,735
Capitation, net      
Revenue      
Total revenue $ 454,168,024 $ 344,307,058 $ 272,921,240
Risk pool settlements and incentives      
Revenue      
Total revenue 51,097,661 100,927,841 44,598,373
Management fee income      
Revenue      
Total revenue 34,668,358 49,742,755 26,983,695
Fee-for-service, net      
Revenue      
Total revenue 15,475,264 19,703,999 7,449,249
Other income      
Revenue      
Total revenue $ 5,208,790 $ 5,226,099 $ 4,403,373