Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 14.2 million in losses in the last five years. Average return on equity has been poor at -22.4%. Fair capitalization index (2.9) based on weak current risk-adjusted capital (severe loss scenario). Fair overall results on stability tests (2.9) based on a steep decline in capital during 2022.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
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
Fee For Service
Contractual Pay
Salary
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Memorial Hermann Healthcare System Inc
Investment Rating
--
Company Address
929 Gessner Road
Houston, TX 77024
Houston, TX 77024
Phone Number
(713) 338-5252
NAIC Number
15489
Largest Affiliates