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AMERIGROUP Corporation · Virginia Beach, VA United States ·(NYSE: AGP)

Company Description

4425 Corporation Ln.
Virginia Beach, VA
23462
United States (Map)
Phone: 757-490-6900
Fax: 757-222-2330
Rankings
  • S&P 600
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AMERIGROUP looks after the health of America's needy. The managed health care provider targets people eligible for Medicaid, the State Children's Health Insurance Program (SCHIP), FamilyCare, and Special Needs Plans. Its plans include a Medicaid product for families receiving temporary assistance to needy families (TANF) benefits, one for uninsured kids ineligible for Medicaid; one for low-income elderly or disabled persons receiving supplemental income; and a plan for uninsured parents of government-insured children. The company contracts with some 80,000 primary care doctors and specialists to serve more than 1.7 million members in about a dozen states. To read the full description, subscribe now.

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Key AMERIGROUP Corporation Financials

Company TypePublic - NYSE: AGP

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$4,516.0
2008 Employees4,100

AMERIGROUP Corporation Executives

55 executives listed for AMERIGROUP Corporation's Virginia Beach, VA location.
TitleName & BioContact
Chairman, President and CEOJames CarlsonNetwork
EVP and COORichard ZoreticNetwork
EVP and CFOJames TruessNetwork

Competition

Competitive Landscape for AMERIGROUP Corporation
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.
Top AMERIGROUP Corporation Competitors
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