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AMERIGROUP Reports Q3 Net Income of $22.5 Million or $0.43 per Diluted Share
Date:10/30/2009

's products as of September 30, 2009 and 2008. Because the Company receives two premiums for members that are in both the Medicare Advantage and Medicaid products, these members have been counted in each product. September 30, ------------- Product 2009 2008 ------- ---- ---- TANF (Medicaid)[1][3] 1,245,000 1,205,000 CHIP[3] 259,000 241,000 ABD (Medicaid)[2] 202,000 218,000 FamilyCare (Medicaid) 58,000 41,000 Medicare Advantage 14,000 9,000 ------ ----- Total 1,778,000 1,714,000 ========= ========= [1] Membership includes approximately 124,000 members under an ASO contract in 2008 terminated on October 31, 2008. [2] Membership includes approximately 13,000 ASO members in 2009 and 41,000 members under an ASO contract in 2008 terminated on October 31, 2008. [3] 2008 reflects a reclassification from CHIP to TANF to coincide with State classifications. AMERIGROUP CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (dollars in thousands, except per share data) (unaudited) September 30, December 31, 2009 2008 ---- ---- Assets Current assets: Cash and cash equivalents $516,190 $763,272 Short-term investments 121,723 97,466 Premium receivables 87,458 86,595 Deferred income taxes 23,290
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SOURCE AMERIGROUP Corporation
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Related medicine news :

1. AMERIGROUP Announces Preliminary Third Quarter Results
2. AMERIGROUP Corporation to Discuss Third Quarter Earnings on October 30
3. AMERIGROUP Corporation Names Two New Executives
4. AMERIGROUP Corporation to Host Investor Day
5. AMERIGROUP Foundation Honors Warehouse of Hope Founder Craig Parson as a Healthy Hero
6. AMERIGROUP Reports Q2 Net Income of $49.6 Million or $0.94 per Diluted Share, Including $0.43 per Diluted Share Positive Impact from Tax Adjustment
7. AMERIGROUP Public Policy Institute, Black Leadership Forum, Inc. Convene Summit to Examine Preterm Birth Policy Solutions
8. AMERIGROUP Corporation to Discuss Second Quarter Earnings on July 31
9. AMERIGROUP Corporation to Present at the 19th Annual Wachovia Mid-Year Equity Conference on June 24
10. Dr. Emily Abrams Massey of Atlanta Honored as Healthy Hero by the AMERIGROUP Foundation
11. AMERIGROUP Corporation to Present at The Deutsche Bank 34th Annual Healthcare Conference on May 18
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