Alice buys QSaúde’s base and doubles revenue forecasts

Alice buys QSaúde’s base and doubles revenue forecasts

a National Agency for Complementary Health (ANS) He agreed to buy the QSaúde health plan’s more than 16,000 customer base by then-rival Alice. The two parties confirmed that the deal, whose values ​​were not disclosed, was approved last week.

With the endorsement of the purchase, the Alice health plan will be responsible for serving the customers who have been served until now by QSaúde. The change in management will take effect on June 1.

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The agreement caused Alice’s plan to jump from about 11,000 people who helped plan it to more than 27,000. The deal also boosts the company’s billing outlook. Now, with more customers, 2023 revenue is expected to exceed R$250 million – an amount that’s more than double the estimates made prior to the purchase of QSaúde’s customer portfolio.

“We are very excited about the prospect of helping QSaúde members become healthier, as we have already done with the thousands of members who have entrusted their health to Alice,” says Plan Alice co-founder and CEO Andre Florence, As disclosed by the company’s contact team.

In a note sent to He pressesAlice’s plan also warns that, at least initially, the authorized network serviced by QSaúde will remain the same, as well as the predetermined contract coordination and other services offered afterward. According to the plan responsible for purchasing the customer base, the main initial change will be the service provided through the application.

Years before buying the base from QSaúde, Alice received funding

Alice Health Plan app
Photo: Disclosure/Alice

Alice’s health plan has received investments. At the end of 2021, for example, the company received About 130 million US dollars. At that time, the company announced that the value would be for technology resources.

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About the Author: Camelia Kirk

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