Major Rating Factors:
Good overall capitalization (4.9 on a scale of 0 to 10) based on fair current risk-adjusted capital (severe loss scenario) as results have slipped from the excellent range over the last year. Fair overall results on stability tests (4.0) based on inordinate decline in capital during 2022. Rating is influenced by the acceptable financial results of ProMedica Health Systems Inc. Weak profitability index (2.7) with 2.7 million in losses in the current year.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
OH
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
ProMedica Health Systems Inc
Investment Rating
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Company Address
300 Madison Ave
Toledo, OH 43604
Toledo, OH 43604
Phone Number
(419) 887-2500
NAIC Number
95189
Largest Affiliates
