D
Heritage Provider Network Inc
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Loading...
Major Rating Factors: Fair capitalization index (4.4 on a scale of 0 to 10) based on weak current risk-adjusted capital (moderate loss scenario). Furthermore, this low level of risk-adjusted capital has been consistent in previous years. Good overall profitability index (6.5) despite a decline in earnings during 2021. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Excellent overall results on stability tests (7.2) based on consistent premium and capital growth in the last five years.
Principal Lines of Business: --
Licensed in: CA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
762
Provider Compensation ($000)
Capitation Pay
--
Fee For Service
--
Contractual Pay
--
Salary
--
Bonus
--
Other
--
Member Physicians
--
Enrollment
Total Patient Encounters
Physician
--
Non-Physician
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
8510 Balboa Boulevard
Northridge, CA 91325
Phone Number
(661) 846-4641
NAIC Number
--
Largest Affiliates
No affiliate information available.
Weiss Ratings