NFP500

#7 of 500 · Health Plan / Insurer

Caresource Ohio Inc

EIN 31-1143265 · OH · NTEE E31Z · Form 990, fiscal 2023

Part of CareSource, a nonprofit managed care organization headquartered in Dayton, Ohio, founded in 1989. It administers government-sponsored health coverage, including Medicaid managed care, Medicare Advantage, and marketplace plans. In Ohio it is one of the largest Medicaid managed care plans, coordinating health services and benefits for low-income and other members.

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Financials, fiscal 2023

Revenue
$8.53B
Expenses
$7.98B
Total assets
$2.23B
Net assets
$819.8M
Operating margin
6.3%
1-year growth
-15.3%
5-year growth (CAGR)
1.1%
Reserve (years of spending)
1.2
Contributions share
n/a
Programme spending
99.1%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
$2.5M
Years filing
37

NFP Health Score: 56 / 100

Financial 16 · 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$8.15B
2020$9.27B
2021$9.76B
2022$10.06B
2023$8.53B