AMERIGROUP Corporation Announces Second Quarter 2008 Results (PR Newswire)
                   
yahoo.com     Jul 23, 2008            

Wednesday July 23, 4:01 pm ET Provides 2008 Full-Year Guidance; Resolves Litigation; Announces Expansions in Florida and New Mexico VIRGINIA BEACH, Va., July 23 /PRNewswire-FirstCall/ -- AMERIGROUP Corporation (NYSE: AGP - News ) today announced a loss of $162.5 million, or $3.07 per diluted share, for the second quarter of 2008. Included in the results for the second quarter of 2008 is a one-time charge of $234.2 million, or $199.2 million net of the estimated tax effect, for the previously announced agreement in principle which, when concluded, will resolve the civil qui tam litigation. Excluding the impact of this charge, second quarter net income would have been $36.7 million, or $0.68 per diluted share, versus $32.8 million, or $0.61 per diluted share, for the second quarter of 2007. This compares to $35.1 million, or... [read full story]                    


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Amerigroup Lawsuit Settled for $225 Million in Illinois Fraud Case

insurancejournal.com     yesterday   3 related          

An insurance company giant has agreed to pay $225 million to settle a lawsuit that accused it of discriminating against pregnant women and other high-risk patients in Illinois. The Illinois attorney general's office announced...                    

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Man gets $56.25 mil. for telling truth - There's money in being a Whistle Blower at an HMO

ducknetweb.blogspot.com     Aug 19, 2008          

This suit and it's award make me wonder why we do not have "fake employees" at the insurance firms and HMOs? Make sense? In view of all the recent legal awards and court cases, why not. Doctors have to deal with "fake patients"...                    

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Enhanced Care Initiatives (HC Innovations, Inc.) Contracts With HIP and GHI to Create a Medical...

redorbit.com     Aug 18, 2008   4 related          

SHELTON, Conn., Aug. 18 /PRNewswire-FirstCall/ -- Enhanced Care Initiatives (ECI - HC Innovations, Inc., OTC Bulletin Board: HCNV) today announced that it has signed a two year contract with HIP Health Plans of New York to...                    

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Amerigroup Settlement Nets $9.4 Million in Fees for Plaintiffs Lawyers

law.com     Aug 18, 2008          

Amerigroup Corp., a managed care organization, has agreed to pay $225 million in fines to resolve claims it refused to care for pregnant women and "unhealthy patients," the Justice Department announced Thursday. About $9.4...                    

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