Company Profile For AMERIGROUP Corporation

AMERIGROUP Corporation is a multi-state managed healthcare company focused on serving people, who receive healthcare benefits through publicly sponsored programs, including Medicaid, Children’s Health Insurance Program (CHIP), Medicaid expansion programs and Medicare Advantage. The Company designs its programs to address the particular needs of its members, for whom AMERIGROUP Corporation facilitates access to healthcare benefits pursuant to agreements with the applicable state and Federal governments. The Company combines medical, social and behavioral health services to help its members obtain healthcare in an efficient manner. As of December 31, 2008, AMERIGROUP Corporation provided an array of products to approximately 1,579,000 members in Florida, Georgia, Maryland, New Jersey, New Mexico, New York, Ohio, South Carolina, Tennessee, Texas and Virginia. On February 1, 2009, it commenced operations serving approximately 50,000 Medicaid and CHIP eligible members in Nevada.

BRIEF: For the nine months ended 30 September 2009, AMERIGROUP Corporation's revenues rose 16% to $3.83B. Net income totaled $109.1M vs. a loss of $92.5M. Revenues reflect higher income generated from premium received. Net income reflects decreased selling, general and administrative expenses, the absence of litigation settlement expense, lower interest expense and a fall in depreciation & amortization expenses.

AMERIGROUP Corporation
4425 Corporation Lane
SUITE 100
Virginia Beach   VA   23462
P: +1757.4906900
F: +1757.5183600

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