Am I reading the below correctly is this company reporting 2.1 billion a quarter in revenues and that they have decided to help poor people make food choices for those who's income is liminted and based only what their budgets dictates and what they can only really afford to buy and pay for and this will help them overcome "food insecurity" and this is done so that there choices will be like milk or cheese over say other choices then milk and cheese like kool aid for their kides.... and this has what to do with what they are quoteing like the U.S. Department of Health and Human Services as "households where there is a lack of access to enough food to fully meet basic needs at all times due to lack of "financial resources" and defined by the U.S. Department of Agriculture. You know its neat to throw around big Deparment names to impress but if I had my say these Departments should really look at how others are using their names and in what context etc. and if the poor children ages two through five are lactose intolerant do you still push what the Deptment of Agriculture says? What about the thousands of kides who are allergic to peanuts and or peanut butter? What ever happened to Mom knows best in any language?
Key developments for AmeriChoice Corporation October 31, 2010 7:15 PM ET Bloomberg Businessweek.
AmeriChoice Corporation Reports Revenue Results for the Second Quarter and Six Months Ended June 30, 2010 07/20/2010 AmeriChoice Corporation reported revenue results for the second quarter and six months ended June 30, 2010. For the quarter, revenues were $2,460 million compared to $2,040 million a year ago. The revenue increased $420 million or 21% year-over-year, driven by strong organic growth. For the six months, revenues were $4,796 million compared to $3,951 million a year ago. Sesame Workshop and AmeriChoice Partner on National Healthy Habits Outreach Project 03/4/2010 Sesame Workshop and AmeriChoice Corporation are partnering to develop a bilingual education outreach program aimed at "helping low-income families make food choices that are affordable", nutritional and set the foundation for lifelong healthy habits. AmeriChoice will brand the partnership UnitedHealthcare, by which it is known in many markets. More than one in five children in the U.S. have insufficient access to nutritional and affordable food, the result of a challenging economy that continues to affect low-income Americans. The initiative will offer support and creative resources for families with children between the ages of 2 and 5 to cope with "food insecurity " defined by the U.S. Department of Agriculture (USDA) and the U.S. Department of Health and Human Services as "households where there is a lack of access to enough food to fully meet basic needs at all times due to lack of financial resources. AmeriChoice Corporation Reports Revenue Results for the Third Quarter Ended September 30, 2009 10/20/2009 AmeriChoice Corporation reported revenue results for the third quarter ended September 30, 2009. For the quarter, the company reported revenues of $2.1 billion grew $475 million year-over-year, a 29% organic growth rate.