BOSTON, MA / ACCESS Newswire / June 3, 2025 / AP Companies, a global Leader in medical assistance and medical cost containment services, has launched a new Latin American office in Santiago, Chile. This is the first office of the international healthcare provider in the region, and it will manage operations for the area.
"Opening in Santiago underscores our commitment to Latin America. We're embedding ourselves in this dynamic market to deliver responsive, high-quality care," says Managing Partner Liana Absaliamova.
Latin American Expansion
The Santiago office is partnering with 472 local healthcare organizations and will house a call center. The Latin American healthcare market is experiencing a surge and is expected to continue growing at an exponential rate. The Santiago, Chile office is just one step in a planned expansion in Latin America. AP Companies added 25,000 providers in Chile, Argentina, and Brazil, significantly spreading its coverage.
In Latin America, the healthcare industry is flourishing due to rising incomes and demand for accessible care. In 2024, the inpatient care market was valued at $169.8 billion. By 2030, it is anticipated to reach $222 billion with a compound annual growth rate (CAGR) of 4.6%. \
The demand for affordable and reliable health care has also positively impacted the private insurance market. Insurance technology (InsurTech), including digital platforms and mobile apps, is also being adopted and utilized by the market. With the use of these easy-to-use applications, telemedicine is experiencing a surge in popularity. With government support, telemedicine achieved a $1.4 billion success story in 2024 and is projected to reach $4.7 billion by 2033.
Global Experience
AP Companies has an international network of over 125,000 medical providers and has over 27 years of experience in the market. A global team of experts supports the network, offering multilingual assistance to ensure all clients have access to services in their preferred language and culturally sensitive support. To ensure efficient billing and cost control, AP Companies utilize AI-driven tools.
The company uses proprietary medical payment cards as a cashless solution for healthcare treatment. The cashless system enables patients of AP Companies to seek treatment without worrying about upfront costs. The platform streamlines the process, ensures proper care, and helps reduce expenses.
AP Companies offer cost-containment services that can significantly reduce expenses. They do not specialize in discounts but in negotiated discounts and case management. The in-house medical team at AP Companies monitors each case, streamlining hospitalization stays and auditing bills.
Global Expansion
AP Companies continues to expand its global presence with the opening of the office in Santiago, Chile. In 2022, the company acquired Continental Health Management, LLC, a US-based company. Thailand's PM Medicare was gained through a merger in 2023.
"This office is a milestone. We're combining global expertise with local presence to meet client needs. The company is also expanding telemedicine and mental health services, aligning with post-pandemic trends," says CEO Natalia Butakova.
About AP Companies:
Founded in 1997, AP Companies provides medical assistance to a diverse community through its global network of local healthcare providers. It partners with insurers, clinics, ambulances, corporations, travelers, and maritime clients. AP Companies is certified to ISO 9001 and ISO 27001 and is GDPR-compliant, ensuring quality, security, and data protection.
Media Contact:
e.glukhman@ap-companies.com
Elena Glukhman, Business Development of AP Companies Group
Boston, MA
SOURCE: Elena Glukhman, Business Development of AP Companies Group
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