Health

“We’ve come to stay”- ProHealth HMO MD declares

The managing director of ProHealth HMO Limited, Mr Nnabuihe Chinedu has declared that the health management organisation has come to stay in the health management sector of the national economy.

Chinedu, who spoke at sidelines of the 14th Annual General Meeting (AGM) of his company stated that the outfit poised to play a more pioneering and leading role in helping it’s clients to access quality healthcare in the country.

“We have been around for the past 14 years and that means that we have the experience in the provision of health insurance to our subscribers”, the managing director of ProHealth further declared.

According to him, ProHealth, which has the full backing of the Nigeria Social Insurance Trust Fund (NSITF), will be more dogged in all it’s dealings as a deliberate move to deliver in it’s mandate.

During the year under review, ProHealth profit before tax(PBT), increased from N40 million to N44 million, representing a 10 per cent increase, while the company’s revenue in the area of it’s core business increased from N952.4 million to N1.239 billion, representing a 30 per cent increment.

Similarly, the total revenue accruable to the company recorded an increase from N968.17 million to N1.250 billion, representing a 29 per cent rise, just as the company recorded a marginal increase in it’s net assets from N590 million to N608.9 million, representing a 3.2 per cent increase.

ProHealth HMO Limited is a duly registered company accredited by the National Health Insurance Agency as a national Health Management Organisation.

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