American Physicians Capital, Inc. · East Lansing, MI United States ·(NASDAQ (GS): ACAP)
Company Description
Phone: 517-351-1150
Fax: 517-351-7866
Toll Free: 800-748-0465
Rankings
- S&P 600
View American Physicians Capital, Inc. Locations On A US Map
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This link will open in a new window American Physicians Capital (APCapital) helps doctors sleep more soundly at night. The company writes medical professional-liability insurance through subsidiary American Physicians Assurance Corporation. Operating principally in a handful of states in the Midwest, it concentrates on individual and small-group practices and has more than 9,000 policies in force. Other subsidiaries deal with income portfolio management, health care consulting, and physician and medical staff credential verification and review. Founded in 1975, the company was known as Mutual Insurance Corporation until 2000, when it was demutualized. To read the full description, subscribe now.
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Key American Physicians Capital, Inc. Financials
| Company Type | Public - NASDAQ (GS): ACAP Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $161.2 |
| 2008 Employees | 162 |
American Physicians Capital, Inc. Executives
16 executives listed for American Physicians Capital, Inc.'s East Lansing, MI location.
| Title | Name & Bio | Contact |
| Chairman | AppaRao Mukkamala | Network |
| President, CEO, and Director; President, American Physicians Assurance | R. Kevin Clinton | Network |
| EVP, COO, and Secretary; COO, American Physicians Assurance | Annette Flood | Network |
Competition
Competitive Landscape for American Physicians Capital, Inc.
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 American Physicians Capital, Inc. Competitors
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