Blue Care Network of Michigan

EIN: 382359234 Health Care

DETROIT, MI

Total Revenue
$4,483,151,632
Total Expenses
$4,478,671,251
Total Assets
$2,619,529,328
Net Assets
$1,784,233,980
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
MI
Phone
3132256688
Tax Period
2023-01-01 to 2023-12-31

Blue Care Network of Michigan, founded in 1981, is a large national nonprofit in the Health Care sector that reported $4.5B in total revenue in fiscal year 2023.

Mission

BLUE CARE NETWORK PROVIDES HEALTH CARE SERVICES TO SUBSCRIBERS THROUGH CONTRACTS IT HAS ENTERED INTO WITH VARIOUS PHYSICIAN GROUPS, HOSPITALS, AND OTHER HEALTH CARE PROVIDERS.

Program Service Accomplishments

Program 1
Expenses: $3,971,546,636 Revenue: $4,362,938,037

BCN'S PROGRAM SERVICE ACCOMPLISHMENTS: BCN IS COMMITTED TO SUPPORT PEOPLE HELPING PEOPLE, TO PROMOTE HEALTH AND PEACE OF MIND THROUGH HIGH QUALITY CARE AND SERVICE, AND PARTNERING TO MANTAIN AND...

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BCN'S PROGRAM SERVICE ACCOMPLISHMENTS: BCN IS COMMITTED TO SUPPORT PEOPLE HELPING PEOPLE, TO PROMOTE HEALTH AND PEACE OF MIND THROUGH HIGH QUALITY CARE AND SERVICE, AND PARTNERING TO MANTAIN AND IMPROVE HEALTH. BCN 2023 STATISTICS: HEALTH CARE SERVICES-MEMBER BASED AS WELL AS FEE-FOR-SERVICE, 648,197 MEMBERS AND 6,904,411 AMBULATORY ENCOUNTERS. 2023 COMMUNITY BENEFIT - BCN PARTIPATED IN 76 SEPARATE ACTIVITIES, TOTALING OVER $350,630. THIS WAS ACCOMPLISHED THROUGH COMMUNITY OUTREACH AND CHARITABLE CONTRIBUTIONS, TO BENEFIT THE GENERAL PUBLIC AND SUPPORT WELLNESS. CONNECTIONS WITH INDIVIDUALS AND SMALL BUSINESSES HELPED SUPPORT MULTIPLE HEALTH INITIATIVES. 2023 SOCIAL MISSION AND PUBLIC AFFAIRS - BCN IS COMMITTED TO IMPROVE THE HEALTH OF MICHIGAN RESIDENTS, WITH SPECIAL EMPHASIS ON THE HEALTH AND WELLNESS OF CHILDREN AND SENIORS, WHILE REDUCING THE COST OF HEALTH CARE. PROACTIVE INITIATIVES INCLUDE NUTRITION AND HEALTHY LIFESTYLES, HEALTHY AGING AND MENTAL HEALTH. PRINCIPLES INCLUDE EMPOWERING INDIVIDUALS AND COMMUNITIES TO TAKE ACTIVE ROLES IN CREATING A CULTURE OF HEALTH; PROVIDING LEADERSHIP AS AN INFORMED CONVENER AND EDUCATOR TO HELP RAISE AWARENESS AND UNDERSTANDING OF IMPORTANT HEALTH ISSUES AND EFFECTIVE APPROACHES.

Program 2
Expenses: $34,072,524 Revenue: $55,407,639

PROGRAM EXPENSES RELATED TO SELF-FUNDED BUSINESS AS A RESULT OF A RECENT CHANGE IN THE MICHIGAN INSURANCE CODE. HEALTH MAINTENANCE ORGANIZATIONS ARE PERMITTED TO DIRECTLY CONTRACT WITH GROUPS TO...

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PROGRAM EXPENSES RELATED TO SELF-FUNDED BUSINESS AS A RESULT OF A RECENT CHANGE IN THE MICHIGAN INSURANCE CODE. HEALTH MAINTENANCE ORGANIZATIONS ARE PERMITTED TO DIRECTLY CONTRACT WITH GROUPS TO ADMINISTER SELF-FUNDED GROUP HEALTH PLANS. EFFECTIVE JANUARY 1, 2018 BCN BEGAN PROVIDING ADMINISTERING SERVICE ONLY (ASO) PLANS THAT ARE SUBSTANTIALLY RELATED TO BCN'S EXEMPT PURPOSES. AS A 501(C)(4) ENTITY BCN IS PROVIDING THE SAME CLAIMS PROCESSING, ADMINISTRATIVE SERVICES AND PROVIDER NETWORK FOR ITS ASO CUSTOMERS AS IT DOES FOR THE UNDERWRITTEN CUSTOMERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,418,345,676
Investment Income $64,805,956
Other Revenue $0
TOTAL REVENUE $4,483,151,632

Expense Breakdown

Grants Paid $0
Salaries & Benefits $284,692,894
Fundraising Expenses $0
Program Expenses $4,005,619,160
Other Expenses $372,742,142
TOTAL EXPENSES $4,478,671,251

Year-over-Year Comparison

2023 2022 Change
Revenue $4,483,151,632 $4,153,996,666 +0.1%
Expenses $4,478,671,251 $4,241,941,116 +0.1%
Net Income $4,480,381 $-87,944,450 -1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
12
Employees
N/A
Volunteers
13

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$12,775,264
Total Directors
15
$15,503,192
Key Employees
4
$3,873,714
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A VP & Pres & CEO BCN 23.0
Officer Director
$0 $531,982 $2,438,460
N/A Director & Officer - EVP & CFO 1.0
Officer Director
$0 $876,056 $5,091,572
N/A Director 1.0
Director
$69,072 $0 $69,072
N/A Director 1.0
Director
$62,072 $0 $62,072
N/A Director 1.0
Director
$69,072 $0 $69,072
N/A EVP President Hlth Plan Bus 1.0
Director
$0 $1,067,677 $7,167,305
N/A Contractor 0.0
Director
$55,063 $0 $55,063
N/A Director 1.0
Director
$62,072 $0 $62,072
N/A Director 1.0
Director
$69,072 $0 $69,072
N/A Director 1.0
Director
$69,072 $0 $69,072
N/A Director 1.0
Director
$62,072 $0 $62,072
N/A Director 1.0
Director
$62,072 $0 $62,072
N/A Director 1.0
Director
$62,072 $0 $62,072
N/A Director 1.0
Director
$62,072 $0 $62,072
N/A Director 1.0
Director
$102,072 $0 $102,072
N/A Sr Dir Corp Perfrmnce & Admin 55.0
Officer
$0 $103,567 $396,544
N/A Officer - SVP Health Plan Business 0.0
Officer
$0 $371,162 $2,588,120
N/A Officer - SVP & Treasurer 20.0
Officer
$0 $268,062 $2,260,568
N/A VP & Controller 9.0
Key Emp
$0 $149,247 $1,100,427
N/A VP Enterprise Finance and Chief Risk Officer 10.0
Key Emp
$0 $196,391 $1,330,368
N/A VP Bus Perf & Execution BCN 50.0
Key Emp
$0 $202,454 $864,717
N/A Sr Director BCN IT 21.0
Key Emp
$0 $113,713 $578,202
N/A VP Claims Operations 0.0
$0 $344,542 $1,119,658
N/A Former VP and Treasurer 0.0
$0 $200,230 $200,230
N/A EVP Health Care Value 0.0
$0 $0 $604,465
N/A VP HL & CLN AFS & BCN SVP CMO 0.0
$0 $0 $312,854
N/A Former Director 0.0
$0 $0 $2,861,811
N/A VP Bus & Program Dev &Reg Exec 0.0
$0 $154,984 $695,563
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $4,483,151,632 $4,478,671,251 $2,619,529,328 $4,480,381
2022 $4,153,996,666 $4,241,941,116 $2,627,985,022 $-87,944,450
2021 $4,068,672,345 $4,151,723,902 $2,791,773,564 $-83,051,557
2020 $4,229,242,702 $4,087,914,132 $3,036,231,739 $141,328,570
2019 $4,366,314,594 $4,265,797,460 $2,807,631,804 $100,517,134
2018 $4,393,467,255 $4,125,556,889 $2,499,496,688 $267,910,366
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