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:10/13/2017)... ... October 13, 2017 , ... The Visiting Nurse Association (VNA) of Somerset Hills ... specialty vendors and unique items from across the nation, this holiday-themed event will raise ... offered by the VNA. The boutique will be open Saturday, November 4 (10:00 ...
(Date:10/13/2017)... ... 13, 2017 , ... Talented host, actor Rob Lowe, is ... a new episode of "Success Files," which is an award-winning educational program broadcasted ... each subject in-depth with passion and integrity. , Sciatica occurs when the sciatic ...
(Date:10/12/2017)... Del. (PRWEB) , ... October 12, 2017 , ... ... and advisory services for healthcare compliance program management, will showcase a range of ... National Association for Assisted Living (NCAL) Convention and Expo to be held October ...
(Date:10/12/2017)... ... 2017 , ... IsoComforter, Inc. ( https://isocomforter.com ), one of the ... new design of the shoulder pad. The shoulder pad provides optimal support and ... pain while using cold therapy. By utilizing ice and water that is circulated from ...
(Date:10/12/2017)... , ... October 12, 2017 , ... ... Hair Restoration, has recently contributed a medical article to the newly revamped ... Dr. Mohebi’s article spotlights the hair transplant procedure known as Follicular Unit ...
Breaking Medicine News(10 mins):
(Date:9/28/2017)... -- Cohen Veterans Bioscience and Early Signal Foundation announce ... home sensors for real-time monitoring of patients with trauma-related ... organization focused on disruptive health solutions for rare disorders ... to record and integrate behavioral, cognitive, physiological and contextual ... ...
(Date:9/25/2017)... , Sept. 25, 2017   Montrium ... Master File solutions, today—from the IQPC Trial Master ... , NL)—announced that EastHORN Clinical Services has ... clinical programs and TMF management. EastHORN, a leading ... eTMF platform to increase transparency to enable greater ...
(Date:9/22/2017)... -- As the latest Obamacare repeal effort moves is debated, ... and Lindsey Graham (R-SC) medical device market ... is in an odd place.  The industry wants repeal ... on medical device sales passed along with the Affordable ... visits and hospital customers with the funding to invest ...
Breaking Medicine Technology: