SANTIAGO, CL / ACCESS Newswire / May 20, 2025 / AP Companies, a global leader in medical assistance and cost containment, has launched its first Latin American office in Santiago, Chile. The move positions the company to tap into the region's booming healthcare market, projected to grow significantly over the next decade.
With 27 years of experience and a network of over 125,000 medical providers worldwide, AP Companies is known for its cashless healthcare solutions via proprietary medical payment cards. The Santiago office will manage regional operations, including a call center and partnerships with 472 local healthcare institutions, with plans for further expansion.
"Opening in Santiago underscores our commitment to Latin America," said Liana Absaliamova, Managing Partner. "We're embedding ourselves in this dynamic market to deliver responsive, high-quality care."
Latin America's healthcare sector is thriving. The inpatient care market, valued at $169.8 billion in 2024, is expected to reach $222 billion by 2030, with a 4.6% CAGR. Telemedicine is surging, projected to grow from $1.4 billion in 2024 to $4.7 billion by 2033, driven by digital health adoption and government support. Private health insurance and InsurTech are also expanding, fueled by rising incomes and demand for accessible care.
AP Companies' cashless platform allows patients to access treatment without upfront costs, streamlining care and reducing expenses. Its 24/7 multilingual support in over 24 languages ensures culturally sensitive assistance, backed by a global team and AI-driven tools for efficient billing and cost control.
The Santiago launch builds on AP Companies' global strategy, including its 2022 acquisition of Continental Health Management LLC in the U.S. and a 2023 merger with Thailand's PM Medicare. In 2024, the company added 25,000 providers, boosting coverage in Chile, Argentina, and Brazil.
"This office is a milestone," said CEO Natalia Butakova. "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.
Certified with ISO 9001 and 27001 and GDPR-compliant, AP Companies serves insurers, corporations, and maritime clients. Founded in 1997, it continues to prioritize affordable, accessible healthcare worldwide.
For further information or assistance, visit www.ap-companies.com or contact us directly at +1 617 488 8700
Boston, MA
e.glukhman@ap-companies.com
Elena Glukhman
AP Companies Group
SOURCE: AP Companies
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