Fierce Healthcare March 20, 2023
Highmark Health CEO David Holmberg said the company is “well built” for the headwinds the industry is facing. ((Randy Tarr Photography/Shutterstock))
Highmark Health’s revenue grew 18% in 2022, reaching $26 billion, the Pittsburgh-based Blues plan announced Monday.
That growth is backed by the performance of its health plan and other diversified businesses, such as United Concordia Dental. While Allegheny Health Network, the company’s health system, has seen patient volumes rise, it continues to face the hurdles roiling the provider market: labor shortages, inflation and supply chain issues.
CEO David Holmberg told Fierce Healthcare in an interview that Highmark’s diversity gives it the “flexibility” needed to weather challenges in the provider space.
“The way we think about...
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