Major Rating Factors:
Weak quality investment portfolio (2.8 on a scale of 0 to 10) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Good profitability index (5.0) despite operating losses during 2019, 2020 and 2021. Good capitalization index (5.0) based on fair current risk-adjusted capital (severe loss scenario).
Other Rating Factors:
Good overall results on stability tests (4.9) in spite of healthy premium and capital growth during 2022, steady enrollment growth, averaging 9% over the past five years but fair risk diversification due to the company's size. Rating is significantly influenced by the weak financial results of MFO AHP LLC. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MS
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
MFO AHP LLC
Investment Rating
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Company Address
201 Jordan Road
Franklin, TN 37067
Franklin, TN 37067
Phone Number
(615) 656-3654
NAIC Number
16602
Website
Largest Affiliates