Bridgeway Health Solutions of
Major Rating Factors:
Good overall profitability index (5.2 on a scale of 0 to 10) despite 10.5 million in losses in the current year. Good capitalization index (6.7) based on good current risk-adjusted capital (severe loss scenario). Fair overall results on stability tests (2.9) based on rapid premium growth over the last five years, good risk-adjusted capital in prior years and a decline in the number of member physicians during 2023. Rating is significantly influenced by the strong financial results of Centene Corporation.
Other Rating Factors:
Fair liquidity (3.4) as cash resources may not be adequate to cover a spike in claims. Excellent quality investment portfolio (9.1) containing small junk bond exposure.
Principal Lines of Business:
--
Licensed in:
AZ
Principal Enrollment Breakdown:
--
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
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
Centene Corporation
Investment Rating
Company Address
Centene Plaza
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
16310
Website
Largest Affiliates