UnitedHealth Group acquires Amil Participacoes SA Health insurance giant UnitedHealth Group has announced its acquisition of one of the largest health care companies in Brazil, Amil Participacoes SA. The move is part of UnitedHealth Group’s endeavor to boost its presence in Latin America, a region brimming with demand for health insurance coverage. UnitedHealth Group acquired the Brazilian company for approximately $4.9 billion. The company operates 22 hospitals and 50 clinics located throughout Brazil and boasted of an annual revenue of more than $5 billion. Move comes as company attempts to…
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Health insurance companies find significant potential in Medicaid
Large insurers are buying out smaller ones that are better prepared to serve the elderly and poor. The largest health insurance companies in the country have been absorbing much smaller ones by the dozen as they prepare for the influx of customers through one of the latest healthcare changes by the government that will allow them to manage the coverage needs for the elderly, poor, and unwell across the country. So far, approximately 15 states are in the midst of creating their programs for this coverage. These states are each…
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