#71 of 500 · Health Plan / Insurer
Capital District Physicians Health Plan Inc
A not-for-profit, physician-founded health insurance company based in Albany, New York. Established in 1984, it provides health, dental, and related insurance coverage to individuals, families, and employer groups across New York's Capital Region and beyond. CDPHP offers commercial, Medicare, and Medicaid plans and emphasizes affordable, quality care through partnerships with providers.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $2.04B
- Expenses
- $1.98B
- Total assets
- $588.0M
- Net assets
- $256.6M
- Operating margin
- 2.7%
- 1-year growth
- -0.4%
- 5-year growth (CAGR)
- 6.0%
- Reserve (years of spending)
- 1.6
- Contributions share
- n/a
- Programme spending
- 99.7%
- Fundraising cost
- n/a
- Executive pay share
- 0.36%
- Employees
- 1,485
- Revenue per employee
- $1.4M
- Grants paid
- $347K
- Years filing
- 38
NFP Health Score: 46 / 100
Financial 10 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.
Mission
We provide quality health care at a reasonable cost for our subscribers and operate CDPHP as a model for the delivery, financing and administration of health care services.
Revenue history
| Year | Revenue |
|---|---|
| 2019 | $1.61B |
| 2020 | $1.75B |
| 2021 | $1.91B |
| 2022 | $2.04B |
| 2023 | $2.04B |