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OIR report shows Universal Health Care Inc. lost $45 million last year

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The latest managed care data submitted to the state shows Universal Health Care Inc. had a net loss of $45.4 million last year. The information compiled by the Florida Office of Insurance Regulation is from financial statement and enrollment data filed by each HMO and was not audited or independently verified. Universal Health Care Inc., a HMO with about 100,000 members, is one of two Universal Health Care Group subsidiaries in Florida that were put into court-ordered receivership for liquidation…

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