|
|
 |
|
Viewing report
|
|
|
|
CareMore Holdings Inc. May 08
Standard & Poors, May 2008
Abstract
Established market position. Good earnings profile. Very good cash-flow capacity. Narrow market-segment focus in government-sponsored healthcare programs. Geographic and client concentrations. Marginal balance-sheet quality. The counterparty credit rating on CareMore Holdings Inc. (CHI) is based on the established market positions, good earnings profiles, and very good cash flows of its subsidiaries: CareMore Medical Enterprises and CareMore Health Plan Inc. (collectively referred to as CareMore). Offsetting factors include the company's narrow product focus, geographic and client concentrations, and marginal balance-sheet quality. CareMore's market-segment focus has enabled it to develop its brand and grow its market presence despite the existence of larger and more strongly financed competitors. CareMore derives a competitive advantage from its integrated care management model, which has produced relatively...
Companies mentioned in this report are: CareMore Holdings Inc.
Action: Review
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: Full Analysis
|
|
|
|
