NFP500

#16 of 500 · Health Plan / Insurer

Highmark Health

EIN 82-1406555 · PA · NTEE n/a · Form 990, fiscal 2023

A Pittsburgh, Pennsylvania-based nonprofit integrated health enterprise, one of the largest in the U.S. It is the parent of Highmark Inc. (a Blue Cross Blue Shield health insurer) and the Allegheny Health Network provider system, combining health insurance, care delivery, and health-technology businesses serving members and patients across multiple states.

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Financials, fiscal 2023

Revenue
$5.62B
Expenses
$5.51B
Total assets
$4.33B
Net assets
$2.08B
Operating margin
1.9%
1-year growth
7.8%
5-year growth (CAGR)
9.3%
Reserve (years of spending)
4.5
Contributions share
0.4%
Programme spending
93.9%
Fundraising cost
9.9%
Executive pay share
0.72%
Employees
28,015
Revenue per employee
$201K
Grants paid
$204K
Years filing
11

NFP Health Score: 65 / 100

Financial 49 · 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

To create a remarkable health experience, freeing people to be their best.

Revenue history

YearRevenue
2019$3.93B
2020$4.01B
2021$4.79B
2022$5.21B
2023$5.62B