|
Highmark Health in its year-end
financials reported a revenue increase of 18% to $26 billion in 2022, along with
net earnings of $47 million. The organization's positive performance across
its insurance business and improved health outcomes were cited as key drivers
of revenue growth. Highmark said that while it saw a net operating loss of
$346 million for the year, this was offset by income from investments. The
organization also disclosed that it held $11 billion in cash and investments,
as well as $9 billion in net assets as of Dec. 31, 2022. Highmark is
currently the largest insurer in Pennsylvania, serving 2,356,066 members. |
No comments:
Post a Comment