Levmed

What Levmed does

Levmed is a Brazilian health plan operator (operadora de planos de saúde) headquartered in Jaraguá do Sul, Santa Catarina, organized as a nonprofit association under ASV - Associação de Saúde do Vale (CNPJ 35.657.268/0001-85). The company was founded on October 22, 2019 and received ANS (Agência Nacional de Saúde Suplementar) operating authorization on July 14, 2020 under registration ANS 42232-1. Its model is structurally distinctive in the region: Levmed is the only health plan operator ideated and backed by two philanthropic hospitals — Hospital São José and Hospital e Maternidade Jaraguá — providing vertical integration with inpatient, surgical, obstetric, and emergency infrastructure, plus three imaging centers, two clinical laboratories, and a proprietary Centro Médico Levmed staffed with family physicians, pediatricians, gynecologists, and nutritionists. Under Law 9656/98, Levmed sells only collective plans (coletivo empresarial and coletivo por adesão), with a minimum of two covered lives, restricting its addressable market to companies domiciled in five core Vale do Itapocu municipalities at the entry tier.

The company offers a portfolio of eight collective health plans (BemLev Ambulatorial, BemLev Hospitalar, Lev Amplo, Lev Amplo+, VivaLev, VivaLev+, VivaLev Up, VivaLev Plus) spanning low-cost outpatient-only coverage to comprehensive hospitalization with private apartment accommodation, with tiered per-life pricing for employer groups of 2-15, 16-30, 31-98, and 99+ lives and optional co-participation of 30%-50% on select plans. Distribution operates through an exclusive commercial partnership with Áthina corretora de seguros (formalized November 10, 2020), supported by an in-house commercial team, a proprietary mobile application on iOS and Android, and a web portal (portal.levmed.com.br) for beneficiary self-service. Internal tooling includes the SICOPS authorization portal for service requests, audits, and guide issuance, and the EstarLev health promotion program integrated with the Sinque AI weight-management platform from EW2Health. National urgency and emergency coverage is delivered through the ABRAMGE system for beneficiaries in transit.

Revenue is generated through monthly subscription premiums on a per-covered-life basis, with optional co-participation at point of service on certain plans. No external funding rounds (PE, VC, or debt) are identified, and specific revenue figures are not publicly disclosed despite the publication of audited annual reports (Balanço Anual) for 2020-2025. Levmed is governed by a Deliberative Council (chaired by Charles Alfredo Bretzke for the 2026-2028 term), a Fiscal Council, and ANS regulatory oversight. Geographic restrictions at the entry tier, the nonprofit association structure, and the dependence on two hospital partners simultaneously define the company's defensibility and its growth ceiling.

Name

Levmed

Legal name

ASSOCIAÇÃO DE SAÚDE DO VALE

Website

https://levmed.com.br

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Levmed is a nonprofit Brazilian health plan operator (ANS 42232-1) headquartered in Jaraguá do Sul, Santa Catarina, serving corporate clients across the Vale do Itapocu region with eight collective health plans backed by two philanthropic hospitals and a proprietary digital infrastructure.

Ownership category

akta.pro rank

Product category

Health Insurance

NAICS

Direct Life, Health, and Medical Insurance Carriers (52411), Other Ambulatory Health Care Services (6219)

SIC

Hospital & Medical Service Plans (6324), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Large Group Health Insurance (Mid-Market & National Accounts) (FSAIAFAE)

akta.pro secondary industries

Care Management & Population Health Program Administration (HLAEALAG), Value-Based Primary Care Organizations (Risk-Bearing) (HLAFAGAF)

Keywords

• Health insurance plans
• Collective health coverage
• Primary care services
• Medical provider network
• Corporate health benefits

Headquarters

HQ city

Jaraguá Do Sul

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Health Plan Premiums (Monthly Subscriptions): Levmed generates revenue primarily through monthly health plan premium collections from employer groups and adhesion collectives. Plans are priced on a per-life basis with tiered pricing based on the number of covered lives (2-15, 16-30, 31-98, 99+). All plans use a pre-payment model, with some plans incorporating a co-participation (coparticipação) component where beneficiaries share costs at point of service.
2. Co-participation Fees: Several Levmed plans (VivaLev Plus, VivaLev, VivaLev Up, BemLev Ambulatorial, Amplo, Amplo+) incorporate a co-participation (coparticipação) mechanism where beneficiaries share a percentage of ambulatory service costs when they use the service. Co-participation rates vary by plan: 30%-50% for BemLev Ambulatorial, 50% for VivaLev Plus/VivaLev/VivaLev Up, with fixed copay for emergency room consultations and per-event deductibles for surgeries and elective hospitalizations.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Levmed operates as a regulated health insurance plan operator (operadora de planos de saúde) in Brazil, offering eight collective health insurance plans — ranging from outpatient-only (BemLev Ambulatorial) to comprehensive coverage with hospital and obstetrics care — to companies and adhesion collectives in the Vale do Itapocu region of Santa Catarina. The plans are backed by Levmed's own medical center, two founding philanthropic hospitals, three imaging centers, two clinical laboratories, and a credentialed provider network spanning 40+ municipalities, with national emergency coverage via Abramge. Beneficiaries access services through a proprietary mobile app, web portal, and SICOPS authorization system, and can participate in the EstarLev AI-powered wellness program.

Product overview

Levmed is a health insurance operator offering a portfolio of 8 distinct health insurance plans (BemLev Ambulatorial, BemLev Hospitalar, Lev Amplo, Lev Amplo+, VivaLev, VivaLev+, VivaLev Up, VivaLev Plus) designed for business collective and adhesion collective contracts, starting from 2 lives. The portfolio ranges from low-cost outpatient-only plans to comprehensive plans with full hospitalization coverage, various accommodation options (ward/enfermaria vs. private/apartment), and co-participation models. Levmed operates its own Medical Center (Centro Médico Levmed) and is backed by two philanthropic hospitals (Hospital São José and Hospital e Maternidade Jaraguá). The company also provides a proprietary mobile app for beneficiaries.

Differentiator

Problem solved

Functional benefit

Products and services

• BemLev Ambulatorial Low-cost outpatient-only health insurance plan covering consultations, exams, therapies, and urgency/emergency care without hospitalization accommodation. Features co-participation (30%-50%) and access to the APS reference network. Designed for companies in Jaraguá do Sul, Guaramirim, Corupá, Schroeder, and Massaranduba with minimum 2 lives.
• BemLev Hospitalar Hospital-focused health plan covering urgency/emergency care and clinical and surgical hospitalization without outpatient services. Provides coverage through Hospital São José and Maternidade Jaraguá with ward (enfermaria) accommodation and obstetrics coverage. Targeted at companies seeking low-cost inpatient coverage.
• Lev Amplo Comprehensive health insurance plan offering urgency/emergency care, outpatient services, and clinical/surgical/obstetric hospitalization with ward (enfermaria) accommodation. Covers multiple municipalities in Santa Catarina and provides national emergency coverage through ABRAMGE. Designed for corporate and adhesion collectives of 2+ lives.
• Lev Amplo+ Comprehensive health insurance plan with apartment (private room) accommodation for greater comfort and privacy. Offers open network access with free choice of providers and covers urgency/emergency, outpatient, and full hospitalization including obstetrics. Designed for companies seeking higher-end coverage with broader provider choice.
• VivaLev Complete health plan with good cost-benefit ratio, featuring ward (enfermaria) accommodation, 50% co-participation, and coverage for urgency/emergency, outpatient care, and clinical/surgical/obstetric hospitalization. Includes access to the Levmed Medical Center and APS network. Designed for corporate and adhesion collectives of 2+ lives.
• VivaLev Plus Complete health plan with private apartment accommodation, offering full coverage including urgency/emergency, outpatient care, and clinical/surgical/obstetric hospitalization. Includes 50% co-participation, ambulatory franchise, and access to the reference network. Targets companies seeking comprehensive coverage with greater privacy.
• VivaLev Up Upgraded health plan with open network for greater provider choice and ward accommodation. Covers urgency/emergency, outpatient, and full hospitalization including obstetrics, with access to Hospital São José, Hospital Jaraguá, and Levmed Medical Center without prior triage requirements. Designed for collectives seeking expanded provider flexibility.
• VivaLev+ Complete health plan with private individual accommodation, offering full coverage including urgency/emergency, outpatient care, and clinical/surgical/obstetric hospitalization with 50% co-participation. Provides access to hospitals and Levmed Medical Center for comprehensive care needs.

Quantifiable outcome

• National urgency/emergency coverage available via ABRAMGE for beneficiaries in transit throughout Brazil

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

19 partnerships are on record, tiered core, flagship and minor.

• EW2Health (Easy Way to Health) / SinquecoreTechnology or Integration · 21 June 2023Levmed partnered with EW2Health to integrate the Sinque™ platform into the EstarLev health promotion and wellness program. Sinque™ uses medical science and artificial intelligence to predict beneficiary weight trends two weeks in advance and delivers personalized lifestyle intervention programs. The partnership enables Levmed to offer data-driven, individualized wellness coaching to plan beneficiaries and corporate clients, aiming to reduce healthcare costs and improve employee productivity.
• We HealthcoreStrategic or Co-development Partner · 21 June 2023We Health is the consulting firm that facilitated the partnership between Levmed and EW2Health/Sinque. We Health specializes in health promotion and wellness consulting, and acted as the intermediary that enabled the EstarLev program enhancement through the Sinque technology platform.
• Associação Médica de Jaraguá do Sul (Local Medical Association)coreStrategic or Co-development Partner · 13 November 2020Levmed formalized a cooperation agreement with the Jaraguá do Sul Medical Association to facilitate the credentialing and engagement of affiliated physicians with the Levmed provider network. This partnership ensures that Levmed's network includes physicians from the local medical association, enhancing the breadth of specialties covered and strengthening the provider ecosystem.
• Áthina Corretora de SegurosflagshipChannel Partner/ Reseller/ Distributor · 10 November 2020Áthina corretora de seguros, headquartered in Jaraguá do Sul, is the exclusive commercial platform for Levmed health plans. The broker's sales team actively contacts businesses in the region to promote Levmed plans. The partnership was formalized on 10 November 2020. Áthina's managers report that business owners have been receptive to Levmed, citing its cost-benefit value and local hospital backing as key selling points.
• Abramge (Associação Brasileira de Medicina)coreTechnology or IntegrationLevmed participates in the Abramge urgency and emergency system, providing national coverage for beneficiaries in transit throughout Brazil. When Levmed beneficiaries travel outside the regional service area and require urgent or emergency care, they can access care through Abramge's national provider network. The Abramge system also has a physical service location for Levmed beneficiaries.
• Hospital São José and Hospital e Maternidade JaraguáflagshipStrategic or Co-development PartnerLevmed was ideated and is backed by two philanthropic hospitals in Jaraguá do Sul: Hospital São José and Hospital e Maternidade Jaraguá. These hospitals form the backbone of Levmed's owned provider network, offering inpatient care, surgeries, obstetric services, and emergency care. The founding hospitals are represented in Levmed's governance structure through the ASV - Associação de Saúde do Vale. This is the foundational partnership upon which the entire Levmed model is built.
• Panvel FarmáciasminorGTM or Marketing PartnerPanvel offers 15-30% discounts on medications to Levmed beneficiaries as part of the partner network benefits.
• Droga RaiaminorGTM or Marketing PartnerDroga Raia offers 20% discounts on branded medications (Tarjados Marcas) and 38% discounts on generic medications (Tarjados Genéricos) to Levmed beneficiaries.
• Farmácia PopularminorGTM or Marketing PartnerFarmácia Popular provides Levmed beneficiaries with 30% discounts on generic medications and 15% discounts on other medications through the partner network.
• Drogaria CatarinenseminorGTM or Marketing PartnerDrogaria Catarinense is a partner pharmacy in Levmed's network, offering exclusive discounts to plan beneficiaries.
• Farma SesiminorGTM or Marketing PartnerFarma Sesi provides 13-30% discounts on medications to Levmed beneficiaries.
• Farmácias Desconto FácilminorGTM or Marketing PartnerFarmácias Desconto Fácil offers 10-30% discounts on medications to Levmed beneficiaries.
• BestlaserminorGTM or Marketing PartnerBestlaser offers Levmed beneficiaries 10 free laser hair removal sessions (axilla, upper lip, and beard area) and an additional 10% discount on any laser hair removal package.
• AGV Proteção VeicularminorGTM or Marketing PartnerAGV Proteção Veicular provides Levmed beneficiaries with 20% discounts on monthly premiums, 20% off the enrollment fee, and free first month coverage.
• GET IT Escola de IdiomasminorGTM or Marketing PartnerGET IT Language School offers Levmed beneficiaries 35% discounts on monthly tuition for FLEX, INTENSIVE, TEENS, SATURDAY, and SPANISH language programs.
• Relojoaria e Ótica ClassyminorGTM or Marketing PartnerRelojoaria e Ótica Classy offers 20% discounts on all products in-store to Levmed beneficiaries.
• Ótica Ver +minorGTM or Marketing PartnerÓtica Ver + provides 30% discounts to Levmed beneficiaries.
• Viléo FarmaminorGTM or Marketing PartnerViléo Farma offers 20-35% discounts to Levmed beneficiaries.
• Anjos da Vida (Removal Services)coreOthersAnjos da Vida provides patient removal (inter-hospital transfer) services for Levmed beneficiaries. Services can be requested via 0800 647 1424 or (47) 3340 7820. Elective transfers require prior authorization, while urgency/emergency inter-hospital transfers can be authorized within two business days of the service date.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Unimed: Brazil's largest cooperative health plan system, comprising hundreds of local Unimed cooperatives. Directly comparable to Levmed's model of a regionally anchored, provider-sponsored health plan operator, but with national scale, broader provider networks, and far larger membership.
• SulAmérica: Major Brazilian health, dental, and life insurer with a strong group health plan business targeting corporate and SMB clients. Comparable employer-sponsored product structure to Levmed, but with national network and substantially larger scale.
• Amil: Major Brazilian health plan operator offering employer-sponsored group plans, individual plans, and corporate coverage. Comparable product set to Levmed but at national scale with substantially broader provider networks and brand reach.
• Hapvida NotreDame Intermédica: One of Brazil's largest vertically integrated health plan operators with owned hospitals, clinics, and diagnostic centers. Conceptually the closest large-scale analog to Levmed's hospital-backed, owned-infrastructure model, though operating nationally rather than regionally.
• Bradesco Saúde: One of Brazil's largest health insurers, offering group and individual health plans primarily through employer-sponsored contracts. Competes with Levmed for SMB and corporate clients in Santa Catarina but with much greater capital, network breadth, and brand recognition.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/levmedsaude
• Facebookfacebook.com/levmedsaude
• LinkedInlinkedin.com/company/levmedsaude

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Levmed