Navigation Links
Amilpar - Revenues Grow 8% and Net Income Improves 28% in 3Q09
Date:11/11/2009

RIO DE JANEIRO, Nov. 11 /PRNewswire-FirstCall/ -- Amilpar (Bovespa: AMIL3; Bloomberg: AMIL3 BZ and APAR < GO >; Reuters: AMIL3.SA), the largest managed care organization in Brazil, announced today its results for the third quarter of 2009.

Highlights:

Total membership stood at 3,216.3 thousand at the end of September 2009, 2.7% up on 3Q08 and approximately 2.5% higher than 2Q09.

Adjusted Operating Revenues totaled R$ 1,237.1 million in 3Q09, 8.4% up year-on-year and 4.0% higher than the previous quarter. In the first nine months, Adjusted Operating Revenues reached R$ 3,558.4 million, 10.2% more than the same period last year.

Adjusted EBITDA came to R$ 84.8 million in 3Q09 (6.9% margin) and R$ 274.6 million (7.7% margin) in 9M09.

The Medical Loss Ratio for health plan membership was 67.4% in 3Q09 (versus 68.1% in 3Q08) and 66.8% year-to-date (versus 66.9% in 9M08).

The Company posted an Adjusted Net Income of R$ 54.8 million in 3Q09, 27.7% up year-on-year, and R$ 173.4 million in 9M09, 18.0% lower compared to the first nine months of 2008.


    To access the full version of the earnings release, visit our website at
${tempString}    Conference Calls
    English
    November 12, 2009
    9:00 a.m. Eastern Time
    (12:00 noon Brazil)
    Phone: +1 (412) 858-4600
    Code: Amil
    Webcast: http://www.amilpar.com.br/ir

    Portuguese
    November 12, 2009
    12:00 noon Eastern Time
    (3:00 p.m. Brazil)
    Phone: +55 (11) 2188-0188
    Code: Amil
    Webcast: http://www.amilpar.com.br/ri

    IR Contact
    Erwin Kleuser
    Investor Relations Officer
    Phone: +55 (21) 3805-1155
    invest@amil.com.br
    http://www.amilpar.com.br/ir

About AmilPar

Amil Participacoes S.A. is the largest managed care organization in Brazil, according to the ANS, currently assisting over 3 million beneficiaries in the states of Sao Paulo, Rio de Janeiro, Parana and the Distrito Federal. It is also the managed care organization with the largest accredited network in the country, according to the ANS, including over (i) 2,900 hospitals; (ii) 44,200 polyclinics and outpatient facilities; and (iii) 7,100 laboratories and diagnostic imaging centers.

SOURCE AmilPar


'/>"/>
SOURCE AmilPar
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Amilpar - Operating Revenues Grew 9% in the Second Quarter and 11% in the First Half of 2009
2. Amilpar - Revenue Increases 13.4% and Medical Loss Ratio Falls in the First Quarter 2009
3. Amilpar - Revenues Increase by 26.5% and Adjusted Net Income Climbs 28.7% in 2008
4. Amilpar - Notice to Shareholders - Distribution of Interest on Capital Stock
5. Amilpar Revenues Grow 28% in the First 9 Months of 2008 and 4.5% Over Previous Quarter
6. Amilpar Revenues Increase by 32% and EBITDA Doubles in 2007
7. Volcano Reports 22 Percent Increase in Third Quarter Revenues
8. YourCity.MD's city health directory portals Put Local TV Broadcasters in a Position to Dominate Local Healthcare Revenues, from the Web!
9. HealthWarehouse.com, Inc. Announces Second Quarter Financial Results; Revenues Increase Significantly Over Second Quarter 2008
10. Hillenbrand Reports 2.4% Decline in Earnings Per Share on 3.8% Lower Revenues in Third Quarter 2009
11. Milestone Scientific Reports 44% Increase in Revenues in First Six Months of 2009 Compared to Prior Year
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/23/2017)... ... May 23, 2017 , ... i2i Population Health, a national ... category winner, has named Daniel P. Bullington as chief technology officer. , “i2i ... and product offerings,” says Justin Neece, president. “Daniel is an excellent fit for ...
(Date:5/23/2017)... ... May 23, 2017 , ... ... patients on peri-implantitis in Las Vegas, NV, and the importance of ... gum disease consultation and leading care for peri-implantitis, with or without a referral. ...
(Date:5/23/2017)... ... May 23, 2017 , ... New patients with symptoms of gum disease ... receive laser gum disease treatments from the doctors at Art of Dentistry, without first ... awareness of the importance of receiving qualified treatment in order to avoid systemic health ...
(Date:5/22/2017)... ... 2017 , ... Patients who avoid necessary dental and endodontic treatments because of ... NY from Advanced Endodontics of Westchester. This highly-trained team of endodontists offer three different ... sedation methods may be recommended based on the severity of the anxiety experienced by ...
(Date:5/22/2017)... ... ... Galena, Alaska, has a population of less than 500 people. But, the ... to build a nuclear plant by the TOSHIBA Corporation. , In “The Galena Nuclear ... the journey to get power to his small town, off the electrical grid. , ...
Breaking Medicine News(10 mins):
(Date:5/15/2017)... , May 15, 2017 Enterin Inc., a privately-held ... and developing novel compounds to treat Parkinson,s disease (PD), has ... is a Phase 1/2a randomized, controlled, multicenter study involving patients ... will enroll 50 patients over a 9-to-12-month period. The first ... 10 patients with PD. Participating sites include Denver ...
(Date:5/10/2017)... , May 10, 2017 Global Health ... Latin America , published its 2017 ranking ... ranking is based on extensive data analysis from GHI,s ... largest hospitals database for the region. The GHI database covers ... , offering more than 130 data points for each institution ...
(Date:5/9/2017)... 2017 Zimmer Biomet Holdings, Inc. (NYSE and ... announced it has earned a spot on Forbes, ... Company was ranked among 500 U.S. employers as well ... Equipment and Services. The annual Forbes ... independent survey of over 30,000 employees across 25 industries. ...
Breaking Medicine Technology: