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:6/26/2017)... ... 2017 , ... Maryland’s soybean farmers have improved the sustainability ... the United Soybean Board. , Thanks to the responsible use of technology ... on less land per bushel, the report says. The United Soybean Board’s “Soy ...
(Date:6/26/2017)... ... June 26, 2017 , ... New patients with missing ... Cotey, with or without a referral. Dr. Cotey is a trusted dentist who has ... tooth replacement option. , Patients with missing teeth in Fitchburg, WI, are encouraged to ...
(Date:6/25/2017)... ... ... CareSet Labs released the Root NPI Graph today at the 2017 Academy ... of the Doctor Referral teaming dataset commonly available from Medicare. , Originally created through ... “Doctor Referral Dataset” as released by Medicare and “DocGraph” as released by Trotter, the ...
(Date:6/24/2017)... ... June 24, 2017 , ... Dr. Mitchell Mehlman ... Road in Lake Ronkonkoma, Dental365 offers patients high-quality and affordable routine and emergency ... the dentist fit into their patients’ busy lifestyles. Dental365 also gladly work with ...
(Date:6/23/2017)... ... ... By scoring 100% for fiscal management and accountability, the Arthritis National Research ... Charity Navigator, validating ANRF's work as a top charity in America. , This achievement ... earns ANRF a spot on their “ 10 Charities Worth Watching ” list as ...
Breaking Medicine News(10 mins):
(Date:6/20/2017)... CHICAGO , June 19, 2017  Hill-Rom Holdings, Inc. ... conference call and webcast on Friday, July 28, 2017, beginning ... Conference Call Audio Only Dial-in information: To participate in the ... Please dial into the call at least 10 minutes prior ... Code is 34090339.  ...
(Date:6/16/2017)... -- Datascope Corp. is voluntarily performing a worldwide field correction of certain Intra-Aortic ... code.     ... NUMBER ... 0998-UC-0446HXX; 0998-UC-0479HXX 0998-00-3013-XX;  0998-UC-3013-XX ... This field correction also applies to any System ...
(Date:6/14/2017)... , June 14, 2017  ivWatch LLC, a medical ... of intravenous (IV) therapy, is pleased to announce it ... of Nonsurgical Hospital Supplies and Equipment at the 2017 ... for the medtech industry. The award was presented by ... K. Javits Center in New York ...
Breaking Medicine Technology: