Major Rating Factors:
Fair overall results on stability tests (4.7 on a scale of 0 to 10). Rating is influenced by the acceptable financial results of ProMedica Health Systems Inc. Good overall profitability index (6.6) with operating gains in each of the last five years. Excellent capitalization (6.9) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MI, OH
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
ProMedica Health Systems Inc
Investment Rating
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Company Address
300 Madison Avenue
Toledo, OH 43604
Toledo, OH 43604
Phone Number
(419) 887-2500
NAIC Number
11518
Largest Affiliates