Companies will share the control of the unique hospital services, which will have 25 hospitals
DASA (Diagnostics of America SA) announced on the last Thursday (1st.br.2025) the conclusion of the Association Agreement with Amil International Medical Assistance. With the closure of the business, the unpaid hospital services, hospital unit and oncology of DASA, becomes a joint venturewith shared control between the two companies and the egalitarian participation of 50% in the voting capital, according to a document released by DASA ( – PDF – 65 KB).
As part of the association agreement between companies, Amil made a capital increase in the unique, transferring its stakes in ESHO (SA Hospital Services Company) and Hospital Alvorada Taguatinga. These units manage hospitals and cancer clinics of Rede Americas, except for the Promater Hospital and Monte Klinikum Hospital in the Northeast, as well as Santa Lúcia Maternity Hospital.
The odd, in turn, maintained its operations, including hospitals and clinics received from Amil, but without São Domingos Hospital, Bahia Hospital and Amo, also in the Northeast region. In addition, properties that house the Paraná Hospital and the Cristóvão da Gama Diadema Hospital were dismembered from the unique and began to be controlled directly by DASA.
The merger between DASA and Amil was (Administrative Council for Economic Defense) in December last year. With the merger, the company becomes the 2nd largest hospital group in Brazil, with 25 hospitals, 6 cancer clinics and 6 medical clinics on shared management, totaling 4,400 beds.
Combined net revenue from the operations involved in the DASA and Amil association reached R $ 10.6 billion in 2024. With the conclusion of the agreement, companies begin the integration of the Americas network, focusing on optimizing joint operation, increasing efficiency and creating scale gains.
With the completion of the association, the odd assumes a net debt estimated at R $ 3.2 billion, the result of a gross debt of R $ 3.7 billion, including acquisitions payable and installment taxes, and a cashier of R $ 500 million. The values will still be verified in the closing financial statements.
For DASA, the operation resulted in an estimated reduction of R $ 3.5 billion in its total net debt, reflection of the resources received from the unique and the exclusion of acquisitions payable, installments and cash that remained in the hospital company. In addition, DASA will use R $ 2.3 billion of these funds to anticipate the payment of the 18th and 20 debenture emissions, reducing its gross debt.
As part of the completion of the DASA and Amil Association, new contracts were signed to ensure the transition and continuity of operations. Among the main agreements are:
- temporary expenses sharing: Contracts signed between odd and DASA, and odd and amil, to fund activities that have not yet been fully separated from companies during the transitional period;
- administrative expenses: Agreement between DASA and odd to cover operating costs related to Hospital São Domingos, Hospital da Bahia and Amo, which remain under the control of DASA;
- real estate lease: Contracts for the use of hospitals and clinics operated by the odd, including units incorporated by Amil at the Association, with DASA, amil and shareholders of the DASA control group acting as lessor.
