Align Senior Care Florida Inc
Major Rating Factors:
Weak profitability index (0.0 on a scale of 0 to 10) with modest operating losses during 2021 and 2022. Weak overall results on stability tests (2.7) based on an excessive 600% enrollment growth during the period. Potentially strong support from affiliation with New Enterprise Associates Inc. Excellent capitalization index (7.5) based on good current risk-adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
--
Licensed in:
FL
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
New Enterprise Associates Inc
Investment Rating
--
Company Address
10900 Nuckols Road
Glen Allen, VA 23060
Glen Allen, VA 23060
Phone Number
(804) 396-6412
NAIC Number
16778
Website
--
Largest Affiliates