SAO PAULO (Reuters) -Brazilian healthcare operator Hapvida said on Wednesday it identified the need to correct its accounting methods from 2016 to 2023, positively impacting its net equity by 503 million reais ($89 million) in 2024 under CPC 50 accounting standards.
In a securities filing, Hapvida also said it joined a debt renegotiation program in December regarding fines to regulator ANS and reimbursements to Brazil’s public health system, settling liabilities worth 2.9 billion reais for 1.7 billion reais.
($1 = 5.6490 reais)
(Reporting by Andre Romani; Editing by Kylie Madry)
