|
|
 |
|
Viewing report
|
|
|
|
CareMore Holdings Outlook Revised To Positive From Stable; 'B' Rating Affirmed Apr 10
Standard & Poors, April 2010
Abstract
California-based managed Medicare company CareMore Holdings is well positioned to sustain the developments in its business and earnings profiles and to continue to expand geographically, in our opinion. As a result, we are revising our outlook on CareMore to positive from stable. We are affirming our 'B' counterparty credit rating on the company based on its narrow market-segment focus in government-sponsored programs in the managed Medicare business segment, the risk of unfavorable regulatory/legislative intervention, its established niche market position, and operating subsidiaries' strong operating cash flow. NEW YORK (Standard & Poor's) April 15, 2010--Standard & Poor's Ratings Services today said it revised its outlook on CareMore Holdings Inc. to positive from stable. At the same time, we affirmed our 'B'...
Companies mentioned in this report are: CareMore Holdings Inc.
Action: Outlook: Positive
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.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
