Highmark Health remained financially strong and stable in 2023, reporting $27.1 billion in consolidated revenue, an operating gain of $338 million, and a net income of $533 million. As of December 31, 2023, the organization had $11 billion in cash and investments and net assets of $10 billion.
Our strong balance sheet and steady financial performance supported excellent or stable ratings from credit agencies, including Highmark Inc.'s A+ issuer credit rating from AM Best, Standard & Poor's affirmation of an "A" financial strength rating, and Moody's "Baa1" (stable outlook) rating in 2022.
Emily Gauthier
Highmark Health
412-544-8245
Email Emily
The 2023 annual report highlights how we're helping customers to live every day better.
Get insights from leaders creating a remarkable health experience.
Entire contents © Highmark Health. All Rights Reserved. Highmark Health is an independent licensee of the Blue Cross Blue Shield Association.
Highmark Blue Cross Blue Shield is an independent licensee of the Blue Cross Blue Shield Association, an association of independent Blue Cross and Blue Shield companies. Highmark Blue Shield is an independent licensee of the Blue Cross Blue Shield Association, an association of independent Blue Cross and Blue Shield companies. Highmark Blue Cross Blue Shield West Virginia is an independent licensee of the Blue Cross Blue Shield Association, an association of independent Blue Cross and Blue Shield companies. Highmark Blue Cross Blue Shield Delaware is an independent licensee of the Blue Cross Blue Shield Association, an association of independent Blue Cross and Blue Shield companies. Highmark Blue Cross Blue Shield of Western New York is an independent licensee of the Blue Cross Blue Shield Association, an association of independent Blue Cross and Blue Shield companies. Highmark Blue Shield of Northeastern New York is an independent licensee of the Blue Cross Blue Shield Association, an association of independent Blue Cross and Blue Shield companies. The Blue Cross and Blue Shield symbols are registered marks of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield companies.
