Major Rating Factors:
Weak profitability index (0.1 on a scale of 0 to 10) with operating losses during 2022 and 2023. Weak overall results on stability tests (0.7) based on an excessive 335% enrollment growth during the period. Rating is significantly influenced by the weak financial results of Alignment Healthcare Inc. Excellent overall capitalization (8.6) based on excellent current risk-adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (8.3) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
AZ, TX
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
Alignment Healthcare Inc
Investment Rating
Company Address
1100 West Town & Country Road
Orange, CA 92868
Orange, CA 92868
Phone Number
(844) 310-2247
NAIC Number
16915
Website
Largest Affiliates