Fierce Healthcare August 29, 2024
Pennsylvania-based insurer and care delivery network Highmark Health recorded $7.4 billion in revenue and $223 million in net income during the second quarter.
Combined with first-quarter results, Highmarkâs revenue is 8% higher year over year compared to the first half of 2023.
Executives credited Highmark Health Plans, United Concordia Dental and HM Insurance Group for the robust results.
“Highmark Health continues to be financially strong and stable, positioning our organization to adapt and succeed as the healthcare landscape continues to evolve,” said Carl Daley, chief financial officer and treasurer of Highmark Health, in a news release.
After entering southeastern Pennsylvania, with plans to launch Medicare Advantage products in 2025, the health plan’s segment said membership was stronger than anticipated.
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