NFP500

#119 of 500 · Health Plan / Insurer

Caresource Indiana Inc

EIN 32-0121856 · OH · NTEE E80 · Form 990, fiscal 2023

The Indiana operating entity of CareSource, a national nonprofit managed care organization founded in 1989 and headquartered in Dayton, Ohio. In Indiana it contracts with the state's Family and Social Services Administration to serve Medicaid members through the Hoosier Healthwise and Healthy Indiana Plan programs, coordinating physical and behavioral health care along with life-services programs for underserved populations.

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Financials, fiscal 2023

Revenue
$1.22B
Expenses
$1.11B
Total assets
$463.9M
Net assets
$160.8M
Operating margin
8.7%
1-year growth
17.6%
5-year growth (CAGR)
17.4%
Reserve (years of spending)
1.7
Contributions share
n/a
Programme spending
98.6%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
16

NFP Health Score: 70 / 100

Financial 44 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To make a lasting difference in our members' lives by improving their health and well-being.

Revenue history

YearRevenue
2019$641.7M
2020$751.1M
2021$990.2M
2022$1.04B
2023$1.22B