AMERIGROUP History At-A-Glance
In 1994, AMERIGROUP was founded to respond to the growing need for private-sector partners in states managing healthcare programs for lower-income families and people with disabilities. Since its inception, AMERIGROUP has been a proven leader in meeting the states’ objectives of providing accountability and improving access to healthcare while still controlling care costs. Today, AMERIGROUP is the largest publicly-traded company focused exclusively on meeting the needs of those enrolled in publicly-funded healthcare programs such as Medicaid and Medicare.
1994
- Company founded under the name AMERICAID Community Care.
1995
- Develops health-care systems.
- Begins applications process.
1996
- Launches Fort Worth, Texas Health Plan.
- Launches Chicago, Illinois Health Plan.
- Launches New Jersey Health Plan.
1997
- Company name changes to AMERIGROUP Corporation.
- Launches Houston, Texas Health Plan.
1998
- Membership breaks 100,000.
- Acquires Oxford Health Plan's NJ Medicaid business.
1999
- Membership breaks 250,000.
- New Service Center opens in Virginia Beach, Virginia.
- Wins National Health Information Award of Merit for audio Health Tips on Hold and Member Newsletter.
- Acquires Prudential HealthCare's DC Medicaid business.
- Dallas Health Plan opens.
- Acquires Prudential HealthCare's MD Medicaid business.
- Founder Jeffrey L. McWaters awarded Virginia Entrepreneur of the Year.
2000
- Membership exceeds 330,000.
- Opens new Technology Center in Virginia Beach, Virginia.
- National Associates exceed 1,000.
- Receives the National Health Information Award of Merit for children's educational activity sheets.
- Launches AMERIKIDS healthcare product in Dallas and Houston.
- Launches SSI healthcare product in New Jersey.
2001
- Completes initial public offering and is listed on the NASDAQ Exchange under the symbol AMGP.
- Receives the Silver National Health Information Award for Women's Healthy Connections 2000+.
- Acquires Humana Health Plan of Texas' Houston Medicaid business.
- Prime Health Corporation's MD Medicaid business is transferred.
- Receives the Urban League of Hampton Roads, Virginia, Whitney M. Young Corporate Diversity Award.
2002
- Acquires MethodistCare's Houston, TX Medicaid business.
- Acquires Capital Community Health Plan's Medicaid line of business in D.C.
2003
- Acquires Physicians Healthcare Plans, Inc., adding 190,000 members.
- Listed on the New York Stock Exchange trading under the symbol AGP.
- Completes acquisition of the Medicaid line of business in Florida known as St. Augustine Medicaid, a Division of AvMed, Inc., adding 28,000 members.
- Completes additional public offering of common stock.
- Achieves three-year accreditation by the Accreditation Association for Ambulatory Care for AMERIGROUP Florida.
2004
- Achieves overall rate increases on a company-wide weighted average of five percent.
- Celebrates its first decade and opens new 106,000-square-foot National Support Center in Virginia Beach, Virginia.
- Announces its first stock split, a two-for-one distribution, effective early in 2005.
- Announces acquisition of CarePlus Health Plan in New York City, boosting membership to over a million, effective January 1, 2005.
2005
- Membership exceeds 1 million.
- Completes acquisition of New York's CarePlus Health Plan, January 1, 2005, adding approximately 115,000 members.
- Named one of "America's Best Managed Companies" by Forbes Magazine in its annual survey of the country's most successful businesses.
- Submits Medicare Special Needs Plan application to serve Houston dual eligibles beginning in 2006.
- Opens two new offices - Boca Raton and Miami Lakes.
- Expands services in Houston, Dallas, Fort Worth and Austin and adds new service areas in Corpus Christi and El Paso.
- Wins bids in four of six Georgia regions.
- Begins operations in Northern Virginia.
- Expands services in the Cincinnati area.
2006
- Begins operations in Georgia.
- Selected to provide healthcare coverage to low-income and medically vulnerable Ohio residents who are aged, blind and disabled in the state’s southwest region.
- Chosen to offer healthcare coverage to low-income Ohio residents in Cincinnati, Dayton and 16 surrounding counties.
- Wins federal approval to manage health care for members in Houston, Texas, who are enrolled in both Medicaid and Medicare.
2007
- Passes the 1.5-million mark in members.
- Begins operations in Tennessee, where its subsidiary enrolls 170,000 members.
- Accredited by the National Committee for Quality Assurance and awarded Commendable status, certifying that its District of Columbia health plan offers high-quality services to its 40,000 members.
- Formation of AMERIGROUP's National Advisory Board for consultation and collaboration in serving seniors and people with disabilities.
- Expands its SSI healthcare product to San Antonio and Austin, Texas, and Cincinnati, Ohio.
- Wins federal approval to manage healthcare for members in the Baltimore, Maryland area who are enrolled in both Medicaid and Medicare.
- James G. Carlson becomes the second Chief Executive Officer in AMERIGROUP's 13-year history.
- Acquires TLC Family Care Health Plan in Memphis, Tennessee.
2008
- Awarded New Health Plan Accreditation by the National Committee for Quality Assurance (NCQA) for the Georgia health plan.
- Awarded New Health Plan Accreditation by the National Committee for Quality Assurance (NCQA) for AMERIGROUP's Virginia health plan.
- James G. Carlson is elected Chairman of the Board of Directors for AMERIGROUP.
- Successfully completes competitive bidding process to expand coverage in the Florida Healthy Kids Program through the company's Florida subsidiary.
- Begins operations in New Mexico, serving members in New Mexico's Coordination of Long Term Services (CoLTS) program for Medicaid, as well as offering a Medicare Advantage plan for those eligible for Medicare only and a Medicare Advantage plan for those eligible for both Medicare and Medicaid.