Univita Holdings, LLC
Univita was a third-party administrator for Florida's Medicaid program and had contracts with HMOs to serve a million Medicaid recipients in Florida.
It formed in 2008 and entered the HME market in 2010, when it acquired Davie-based Atenda Healthcare Solutions. By 2012, the company had 5 million patients across several states, including Tennessee, California, Minnesota, Indiana, Wisconsin and Massachusetts. It moved into the Florida market in 2010.
Univita supplied medical equipment such as wheelchairs and walkers, dispensed prescriptions and contracted to provide home health care services for about 2 million people in Florida.
By 2014 Florida's Agency for Healthcare Administration had enrolled all Medicaid beneficiaries in managed care plans taking the program from state administration to being run by private insurance companies. Most of those insurance companies contracted with Univita to administer the Medicaid programs.
The company, which filed for Chapter 7 bankruptcy on Aug. 28, controlled most of the Medicaid market in Florida and a portion of the Medicare market.
Filing revealed $47 million in assets, with nearly $41 million in accounts receivable.
