NFP500

#90 of 500 · Health Plan / Insurer

Caresource Georgia Co

EIN 47-2408339 · OH · NTEE E31 · Form 990, fiscal 2023

The Georgia affiliate of CareSource, a nonprofit managed care organization headquartered in Dayton, Ohio. It administers government-sponsored health coverage for Georgia residents, including Medicaid and Health Insurance Marketplace plans, coordinating medical, behavioral, and social services for its members. As a mission-driven nonprofit insurer focused on government programs, it emphasizes affordable access to care for low-income and vulnerable populations.

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Financials, fiscal 2023

Revenue
$1.61B
Expenses
$1.48B
Total assets
$549.1M
Net assets
$201.5M
Operating margin
7.9%
1-year growth
3.3%
5-year growth (CAGR)
23.4%
Reserve (years of spending)
1.6
Contributions share
n/a
Programme spending
99.0%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
6

NFP Health Score: 69 / 100

Financial 43 · 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

Putting Members First, Pursuing Better Health Care

Revenue history

YearRevenue
2019$694.0M
2020$883.1M
2021$1.26B
2022$1.56B
2023$1.61B