trending Market Intelligence /marketintelligence/en/news-insights/trending/dQrETNGcTnV3jUbSvbK0YA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

NY orders liquidation of Florida-based Medicare provider

Infrastructure Issues: Tools to Dig Deep on Potential Risks

COVID-19 Pandemic Likely To Cause US Telemedicine Boom

Gauging Supply Chain Risk In Volatile Times

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

NY orders liquidation of Florida-based Medicare provider

The Supreme Court of the State of New York has granted a petition by the state's financial services regulator to liquidate Atlantis Health Plan Inc. due to its insolvency.

The Medicare provider's board in October 2012 unanimously consented to an order of liquidation if the New York state regulator concluded that Atlantis Health was insolvent at any point after Nov. 30, 2012, and failed to cure the matter within a designated period.

The New York State Department of Financial Services monitored the company for some time and Linda Lacewell, acting superintendent, has determined that the Atlantis Health Systems Inc. subsidiary was insolvent. Kiran Patel, the only shareholder of America's 1st Choice Group, the parent company of Atlantis Health Systems, acknowledged in a Dec. 17, 2018, email that Atlantis Health Plan was insolvent and could not cure itself.

Atlantis' most recent audited financial statement, which was for year-end 2016, showed that its reserves and other liabilities exceeded its assets by more than $1 million. Its unaudited statement for 2017 showed a very similar picture.

The acting superintendent was appointed as liquidator and will take control of and manage the properties of the insurer.