Major Rating Factors:
Fair overall results on stability tests (3.7 on a scale of 0 to 10) based on an excessive 104% enrollment growth during the period. Rating is influenced by the weak financial results of CHRISTUS Health. Weak profitability index (2.6) due to a decline in earnings during 2022. Excellent capitalization index (6.9) based on excellent current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (8.8) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
LA
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
CHRISTUS Health
Investment Rating
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Company Address
5101 N. O'Connor Blvd
Irving, TX 75039
Irving, TX 75039
Phone Number
(469) 282-2000
NAIC Number
16635
Largest Affiliates