Amilpar’s history began with the acquisition of Casa de Saúde São José in 1972, a small maternity clinic in the city of Duque de Caxias in the state of Rio de Janeiro. In 1973 and 1974, two additional clinics were acquired, Clínicas Somicol and Santa Rita, respectively. In order to consolidate operations, in 1975, Esho was created.
As a result of Esho’s success, the Company’s controlling shareholder established Amilpar Assistência Médica in 1978. Since then, Amilpar has created the most widely recognized and most respected brands in the Brazilian healthcare industry through a strategy of profitable growth, both organically and through strategic acquisitions, and by providing its members innovative and comprehensive healthcare products. Following is a brief summary of the Company’s operating history:
- 1978 -first MCO in Brazil to provide its plan members with a 24-hour customer call service center, seven days a week;
- 1986 -Amil established operations in the city of São Paulo;
- 1989 - Amil established operations in Brasília, Brazil’s capital;
- 1989 - Amil established operations in the State of Paraná;
- 1993 -The Company launched Amil Health Rescue (Amil Resgate Saúde), an air and land emergency trauma support and rescue service, through which Amil pioneered the use of airplanes in Brazil for such services;
- 1995 - Amil created the Amil Pharmacy Program (Programa Amil de Medicamentos), which offers its plan members discounts on pharmaceutical products;
- 1997 - Amil became the first MCO in Brazil to provide its plan members with network healthcare coverage outside of Brazil;
- 1999 - Amil inaugurated Total Care, a program established to assist its plan members who require specialized medical care;
- 2002 - Amil acquired Amico Saúde, a managed care division of Cigna, which the Company merged with Dix Saúde to form one of the largest MCOs in Brazil;
- 2004 - Amil was the first MCO in Brazil to introduce a disease management program (Gestão de Saúde);
- 2006 - Amil acquired Porto Seguro’s and SEMIC’s individual plan memberships; and
- 2007 - Amil acquired Blue Life, Medcard and CliniHauer, reorganized Amil Participações Ltda. into Amil Participações. S.A. and concluded its IPO;
- 2008 - Acquisition of Ampla, Life System (two hospitals) and Casa de Saúde Santa Lúcia.
- 2009 - Amilpar acquired Medial Saúde and becomes Brazil’s largest private healthcare provider.
- 2010 - Amilpar acquires ASL - Assistência à Saúde Ltda., Saúde Excelsior and Hospital Pró-Cardíaco, and also begins operations in Belo Horizonte.
- 2011 - Amilpar acquires hospitals Samaritano and Pasteur, in Rio de Janeiro, and Lincx Sistemas de Saúde.
- 2012 - Amilpar associates with UnitedHealth Group, the largest health benefits and services company in the USA, forming the largest, most diversified health care company serving The Americas. The Company acquires HPP - Hospitais Privados de Portugal, a reference group in the Portuguese health care industry.
Amil Participações S.A. is the largest MCO (managed care organization) in Brazil, according to the ANS, serving more than 6.2 million members in the States of São Paulo, Rio de Janeiro, Paraná, Minas Gerais, Pernambuco, Bahia, Rio Grande do Norte and in Distrito Federal. Additionally, according to the ANS, on December 31, 2012, the Company is also the MCO with the largest accredited provider network in Brazil, with approximately (i) 2,100 hospitals, (ii) 28,700 healthcare clinics and private practices and (iii) 8,200 laboratories and diagnostic imaging centers.
Amilpar was founded in 1978 and offers a comprehensive line of managed care plans to large, mid-sized, small and micro companies. The Company also offers managed care plans to individuals across all income segments, providing its plan members with access to selective hospitals, clinics, laboratories and physicians.
The Company believes to have the most widely recognized and respected healthcare brand in Brazil, created and supported through its innovation, scale, loyal customer base and strong relationships with physicians, as well as its highly experienced management team. Amilpar seeks to be the number one or two player in all of the markets and segments in which it competes by offering a broad selection of flexible and competitively priced managed care products. Amilpar also believes that its ability to offer a full spectrum of products and a broad provider network to meet the needs and objectives of its plan members provides the Company with a competitive advantage.
Amilpar’s network consists of a third-party network and its owned network. As a result of its innovative approach to medical management, its proprietary IT cost monitoring solutions and its strong relationships with healthcare providers, the Company has achieved a low and stable average MLR (Medical Loss Ratio). Our managed care plans include free choice healthcare plans, preferred provider organizations, or PPOs, health maintenance organizations, or HMOs, administrative services only plans, or ASOs, and dental plans. Amilpar markets its products through both its internal sales force and an extensive network of independent brokers.
The Company has a proven track record of acquisitions, having successfully acquired and integrated Amico Saúde, Porto Seguro’s individual membership plans, Semic, Blue Life, Medcard, CliniHauer, Ampla, Life System, Medial, ASL, Excelsior and Lincx since 2002, each contributing to its strategic growth objectives.
Amilpar believes that its growth strategy will enable the Company to maintain its revenue and net income growth, while also providing the Company with additional economies of scale and increasing its brand awareness.