Major Rating Factors:
Fair profitability index (3.2 on a scale of 0 to 10) with operating losses during 2019 and 2020. Average return on equity over the last five years has been poor at -2.6%. Good overall results on stability tests (5.1) despite a decline in the number of member physicians during 2023. Rating is significantly influenced by the acceptable financial results of MFO AHP LLC. Excellent capitalization (7.0) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2022.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
OK
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
MFO AHP LLC
Investment Rating
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Company Address
201 Jordan Road
Franklin, TN 37067
Franklin, TN 37067
Phone Number
(615) 905-5206
NAIC Number
12284
Website
Largest Affiliates