Molina Healthcare of NM Inc
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 16.8 million in losses in the last three years. Average return on equity over the last five years has been poor at -5.9%. Weak quality investment portfolio (0.0). Weak overall results on stability tests (1.5) based on a significant -45% decrease in enrollment during the period, a steep decline in capital during 2022. Rating is significantly influenced by the strong financial results of Molina Healthcare Inc.
Other Rating Factors:
Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall capitalization (7.2) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
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Licensed in:
NM
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
Molina Healthcare Inc
Investment Rating
Company Address
400 Tijeras Avenue, NW
Albuquerque, NM 87102
Albuquerque, NM 87102
Phone Number
(505) 348-0410
NAIC Number
95739
Website
Largest Affiliates