• SELECT SITE CURRENCY
Select a currency for use throughout the site
Summary: National Mentor Inc. Jun 08
Standard & Poors, June 2008
The ratings on Boston, Mass.-based NMH Holdings Inc. (d/b/a National Mentor) continue to reflect the company's exposure to reimbursement risk, its fairly thin free cash flows as a result of its high leverage, and its aggressive financial policy. These factors partly are offset by the company's narrow but strong position in the fragmented human services market, and its largely variable cost structure. National Mentor is focused on the human services market. For fiscal year 2007 (ended Sept. 30, 2007), it derived 65% of revenues from services for mentally retarded and developmentally disabled consumers (MR/DD), 22% from services for at-risk youth (ARY), 9% from services for consumers with acquired brain injuries (ABI), and 4% from other services, including home health services....
Companies mentioned in this report are: National Mentor Holdings Inc
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
National Mentor Holdings Inc