NFP500

#87 of 500 · Health Plan / Insurer

Fallon Community Health Plan Inc

EIN 23-7442369 · MA · NTEE E800 · Form 990, fiscal 2023

Operates as Fallon Health, a not-for-profit health care services organization based in Worcester, Massachusetts, founded in 1977. It provides health insurance and coverage programs—including Medicare, Medicaid, and PACE—and coordinates integrated care for older adults and individuals with complex health needs across Massachusetts.

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Financials, fiscal 2023

Revenue
$1.75B
Expenses
$1.82B
Total assets
$759.6M
Net assets
$216.1M
Operating margin
-3.8%
1-year growth
0.2%
5-year growth (CAGR)
2.6%
Reserve (years of spending)
1.4
Contributions share
n/a
Programme spending
98.9%
Fundraising cost
n/a
Executive pay share
0.34%
Employees
1,407
Revenue per employee
$1.2M
Grants paid
$889K
Years filing
47

NFP Health Score: 50 / 100

Financial 19 · 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

Improving health and inspiring hope.

Revenue history

YearRevenue
2019$1.58B
2020$1.64B
2021$1.78B
2022$1.75B
2023$1.75B