#16 of 500 · Health Plan / Insurer
Highmark Health
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.
Open the interactive profileFinancials, 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
| Year | Revenue |
|---|---|
| 2019 | $3.93B |
| 2020 | $4.01B |
| 2021 | $4.79B |
| 2022 | $5.21B |
| 2023 | $5.62B |