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Coomeva Medicina Prepagada S.A. (Colombia)

Main Activities: Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Coomeva Medicina Prepagada S.A. Profile Updated: November 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Coomeva Medicina Prepagada S.A. is a company located in Cali, Colombia. It was founded on March 4, 1964, by 27 doctors from Valle del Cauca, including one woman, under the leadership of pediatrician Uriel Estrada Calderón. Initially, the company provided savings and credit services to doctors in the region, but it has since expanded to include professionals from all disciplines, as well as technicians, technologists, and their families throughout the country. Coomeva Medicina Prepagada S.A. is part of the Coomeva Cooperative, which provides unity of purpose, direction, and control to the companies within the Coomeva Group. The cooperative started with 400 members in its first year and now has over 255,000 members and their families. The company has received recognition for its organizational management, including the Gold Award at the 2016 Ibero-American Quality Award in the Private Company category. It was also the first organization in the Solidarity Economy sector to receive the Colombian Management Quality Award from the Presidency of the Republic in 2011. In addition, it has been awarded the 100% Cooperative Seal by the Colombian Confederation of Cooperatives (Confecoop) in 2012. Coomeva Medicina Prepagada S.A. is committed to sustainability and corporate social responsibility. It is a member of the UN Global Compact and adheres to the Cooperative Green Pact. The company has its own policies on gender equality and equity, youth, and is working towards the certification of the Labor Equity Seal, Equipares. Education is a fundamental principle for Coomeva, and it promotes it through the "Coomeva Educa" program and two scholarship programs - Academic Excellence and Gente Pila - which have benefited over 8,000 students in basic and higher education. Coomeva Medicina Prepagada S.A. advocates for the cooperative and solidarity approach as an economic theory and a superior vision for doing business and achieving a highly developed society. The company aims to make cooperativism the preferred social and economic model, aligning with the global cooperative movement. The company's main focus is on providing value through its commitment to making life easier for its customers, guided by the philosophy of "Coomeva nos facilita la vida" (Coomeva makes our lives easier).

Headquarters
Cl 13 # 57 - 50
Cali; Valle del Cauca;

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Website: http://www.coomeva.com.co

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
September 22, 1997
Key Executives
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Legal Representative
Ownership Details
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84.77%
Subsidiaries
Conecta Salud S.A. en Liquidacion
10%
Coomeva Servicios Administrativos S.A
8.13%
Coomeva Corredores de Seguros S.A.
5.08%
Company Performance
Financial values in the chart are available after Coomeva Medicina Prepagada S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency COP. Absolute financial data is included in the purchased report.
Net sales revenue
16.31%
Total operating revenue
16.31%
Operating profit (EBIT)
41.65%
EBITDA
37.72%
Net Profit (Loss) for the Period
49.25%
Total assets
24.22%
Total equity
23.22%
Operating Profit Margin (ROS)
0.72%
Net Profit Margin
0.55%
Return on Equity (ROE)
7.12%
Debt to Equity Ratio
-7.27%
Quick Ratio
-0.08%
Cash Ratio
0.01%

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