Apex Health Inc
Major Rating Factors:
Weak profitability index (0.0 on a scale of 0 to 10) with operating losses during 2020, 2021, 2022 and 2023. Average return on equity over the last five years has been poor at -30.5%. Weak capitalization index (0.4) based on weak current risk-adjusted capital (severe loss scenario). Weak overall results on stability tests (0.0) based on an excessive 170% enrollment growth during the period.
Other Rating Factors:
Weak liquidity (0.0) as a spike in claims may stretch capacity. Fair quality investment portfolio (2.9).
Principal Lines of Business:
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Licensed in:
NC, SC
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
None
Investment Rating
--
Company Address
96 Kercheval
Grosse Pointe Farms, MI 48236
Grosse Pointe Farms, MI 48236
Phone Number
(313) 672-2107
NAIC Number
16467
Website
Largest Affiliates
No affiliate information available.