GlobalHealth of Texas Inc
Major Rating Factors:
Weak profitability index (0.0 on a scale of 0 to 10) with modest operating losses during 2021, 2022 and 2023. Weak quality investment portfolio (1.6) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Weak overall results on stability tests (1.8) based on an excessive 1,508% enrollment growth during the period. Rating is significantly influenced by the weak financial results of GH Healthcare Group LLC.
Other Rating Factors:
Excellent overall capitalization (7.2) based on excellent current risk-adjusted capital (severe loss scenario). Excellent liquidity (7.8) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
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
GH Healthcare Group LLC
Investment Rating
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Company Address
210 Park Avenue
Oklahoma City, OK 73102
Oklahoma City, OK 73102
Phone Number
(405) 280-5656
NAIC Number
17009
Largest Affiliates