GlobalHealth Inc
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with operating losses during 2018, 2019 and 2021. Average return on equity over the last five years has been poor at -49.6%. Weak overall results on stability tests (2.4) based on an inordinate decline in premium revenue in 2022, a significant -24% decrease in enrollment during the period. Excellent capitalization (7.1) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2019.
Other Rating Factors:
Excellent quality investment portfolio (9.7) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. 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
GH Healthcare Group LLC
Investment Rating
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Company Address
210 Park Avenue
Oklahoma City, OK 73102
Oklahoma City, OK 73102
Phone Number
(405) 280-5656
NAIC Number
13667
Website
Largest Affiliates