|Name of Company:||UltraMedix Health Care Systems, Inc.|
|date of rehabilitation:||February 26, 1998|
|Date of Liquidation:||March 3, 1998|
|Claims Filing Deadline:||March 1, 1999|
|date of discharge:||June 30, 2016|
|Guaranty Association:||Florida Health Maintenance Organization Consumer Assistance Plan|
|Type of Insurance:||Health Maintenance Organization|
|State of Domicile:||Florida|
|Status of Receivership:||Liquidation|
Notice of Receivership
UltraMedix Health Care Systems, Inc. ("UltraMedix") was a Florida corporation previously authorized to transact the business of a health maintenance organization in the state of Florida. On March 3, 1998, UltraMedix was placed in liquidation.
On November 19, 2010, the First Interim Report on Claims was filed with the Court in the estate of UltraMedix. On November 22, 2010, the Court issued an order approving the report. A total of 1,752 claims were filed in the UltraMedix estate within Classes 1, 2, 3, 4, 5, 6 and 8. Claims in all classes were evaluated. On December 2, 2010, Notices of Determination ("Notices") were mailed to these claimants. The Notice informed them of the Receiver's recommendations concerning the classification and amount of their claim, along with instructions on how to proceed if a claimant objected to the recommendations. Objections are required to be filed by the claimant, in writing, with both the Court and the Receiver and postmarked by January 24, 2011. Objections filed after that date will not be considered.
On December 21, 2011, the Receiver mailed 19 checks to Class 1 through 3 claimants totaling $370,505.53. On July 6, 2012, checks were mailed to 606 Class 6 and Class 8 claimants totaling $3,475,317.47.
On June 28, 2016, $3,351,145 was distributed on behalf of the shareholders of the Ultramedix estate. That was the last distribution of the Ultramedix estate; all claims against the estate have been paid 100%.
Pursuant to court orders, all undelivered distributions will be sent to the
Department of Financial Services, Bureau of Unclaimed Property. The Bureau of
Unclaimed Property may be reached at:
Phone: (850) 410-9253 Toll Free: 1-888-258-2253 (Florida only)
Florida Department of Financial Services
Bureau of Unclaimed Property
P.O. Box 1910
Tallahassee, FL 32301-1910
The Receiver was discharged from any and all duties, obligations, and liabilities in the administration of the Ultramedix estate at 11:59 P.M. on June 30, 2016. A copy of the court order can be found here.