NFP500

#40 of 500 · Health Plan / Insurer

Texas Childrens Health Plan Inc

EIN 76-0486264 · TX · NTEE E310 · Form 990, fiscal 2023

A nonprofit managed care organization founded by Texas Children's Hospital in Houston and described as the nation's first HMO created specifically for children. It provides Medicaid (STAR, STAR Kids) and Children's Health Insurance Program (CHIP) coverage to children, pregnant women, and families across service areas in Texas, coordinating physical and behavioral health care through its provider network.

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Financials, fiscal 2023

Revenue
$3.09B
Expenses
$3.12B
Total assets
$982.8M
Net assets
$394.3M
Operating margin
-1.1%
1-year growth
6.3%
5-year growth (CAGR)
15.0%
Reserve (years of spending)
1.5
Contributions share
0.0%
Programme spending
98.9%
Fundraising cost
n/a
Executive pay share
0.11%
Employees
1,113
Revenue per employee
$2.8M
Grants paid
$57K
Years filing
18

NFP Health Score: 64 / 100

Financial 32 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2019$1.76B
2020$2.01B
2021$2.48B
2022$2.91B
2023$3.09B