Centene Venture Co AL Health
Major Rating Factors:
Fair overall results on stability tests (4.5 on a scale of 0 to 10) based on a significant -21% decrease in enrollment during the period. Rating is significantly influenced by the strong financial results of Centene Corporation. Weak profitability index (2.1) due to a decline in earnings during 2023. Weak quality investment portfolio (1.3) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks.
Other Rating Factors:
Excellent capitalization index (10.0) 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. Excellent liquidity (8.6) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
AL
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
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Centene Corporation
Investment Rating
Company Address
7700 Forsyth Boulevard
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
16771
Website
Largest Affiliates