NFP500

#260 of 500 · Health Plan / Insurer

Mount Carmel Health Plan Inc

EIN 31-1471229 · OH · NTEE E310 · Form 990, fiscal 2023

A Columbus, Ohio nonprofit organization and a wholly owned subsidiary of Mount Carmel Health System, a 501(c)(3) Catholic health system. Formed in 1996, it operates the MediGold Medicare Advantage plan, providing comprehensive Medicare coverage to seniors and other Medicare beneficiaries across dozens of counties in central Ohio, with service later expanded into Iowa.

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Financials, fiscal 2023

Revenue
$583.7M
Expenses
$549.2M
Total assets
$489.4M
Net assets
$400.1M
Operating margin
5.9%
1-year growth
4.2%
5-year growth (CAGR)
0.2%
Reserve (years of spending)
8.7
Contributions share
n/a
Programme spending
95.9%
Fundraising cost
n/a
Executive pay share
0.37%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
16

NFP Health Score: 76 / 100

Financial 57 · 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$578.6M
2020$562.0M
2021$580.0M
2022$560.1M
2023$583.7M