E
Prominence HealthFirst of TX
RenoNV
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Weak profitability index (0.8 on a scale of 0 to 10) with 18.3 million in losses in the last four years. Average return on equity over the last five years has been poor at -59.9%. Weak quality investment portfolio (0.0) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Fair overall results on stability tests (3.8) based on rapid premium growth over the last five years, good risk-adjusted capital in prior years and rapid enrollment growth during the past five years.
Other Rating Factors: Fair liquidity (4.3) as cash resources may not be adequate to cover a spike in claims. Good overall capitalization (6.3) based on fair current risk-adjusted capital (severe loss scenario).
Principal Lines of Business: --
Licensed in: TX
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
313
Fee For Service
0
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Universal Health Services Inc
Investment Rating
UHS
Company Address
1510 Meadow Wood Lane
Reno, NV 89502
Phone Number
(775) 770-9300
NAIC Number
15452
Largest Affiliates
D
Reno, NV - Health
D