Major Rating Factors:
Fair profitability index (3.6 on a scale of 0 to 10) with 6.8 million in losses in the last two years. Fair overall results on stability tests (4.2) based on an excessive 34% enrollment growth during the period, inordinate decline in capital during 2022. Rating is significantly influenced by the weak financial results of Common Ground Healthcare Cooperative. Good liquidity (6.3) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall capitalization (9.1) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.2) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
WI
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
Common Ground Healthcare Cooperative
Investment Rating
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Company Address
230 N Main Street
Dayton, OH 45402
Dayton, OH 45402
Phone Number
(937) 531-3300
NAIC Number
15061
Largest Affiliates