Highmark Health Group

EIN: 821406555 501(c)(3)

Pittsburgh, PA

Total Revenue
$5,620,337,593
Total Expenses
$5,512,040,788
Total Assets
$4,334,308,148
Net Assets
$2,075,555,824
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Phone
4125447000
Tax Period
2023-01-01 to 2023-12-31

Highmark Health Group is a large national nonprofit that reported $5.6B in total revenue in fiscal year 2023.

Mission

To create a remarkable health experience, freeing people to be their best.

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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 $22,258,973
Program Service Revenue $5,279,520,703
Investment Income $55,852,178
Other Revenue $262,705,739
TOTAL REVENUE $5,620,337,593

Expense Breakdown

Grants Paid $465,881
Salaries & Benefits $2,591,619,096
Fundraising Expenses $1,204,540
Program Expenses $5,012,791,312
Other Expenses $2,919,728,391
TOTAL EXPENSES $5,512,040,788

Year-over-Year Comparison

2023 2022 Change
Revenue $5,620,337,593 $5,213,963,153 +0.1%
Expenses $5,512,040,788 $5,031,657,157 +0.1%
Net Income $108,296,805 $182,305,996 -0.4%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
206
Independent Members
84
Employees
28015
Volunteers
944

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
44
$25,533,130
Total Directors
125
$59,143,815
Key Employees
5
$3,903,925
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Chief Philanthropy Officer - END 11/23 60.0
Officer Director
$445,180 $35,197 $480,377
N/A DIRECTOR 5.0
Officer Director
$0 $0 $0
N/A DIRECTOR, TREASURER & CFO 60.0
Officer Director
$0 $52,237 $716,188
N/A DIRECTOR & PRES 60.0
Officer Director
$822,710 $31,227 $853,937
N/A DIRECTOR & PRESIDENT 60.0
Officer Director
$662,589 $37,173 $699,762
N/A DIRECTOR & PRESIDENT - END 8/23 5.0
Officer Director
$25,244 $31,353 $5,261,459
N/A DIRECTOR & PRESIDENT 60.0
Officer Director
$503,943 $28,389 $532,332
N/A DIRECTOR & VICE CHAIR 5.0
Officer Director
$0 $0 $0
N/A DIRECTOR & CHAIRMAN - END 5/23 60.0
Officer Director
$1,146,081 $14,315 $1,160,396
N/A DIRECTOR & SECRETARY 5.0
Officer Director
$0 $0 $0
N/A DIRECTOR/CHAIRMAN 60.0
Officer Director
$2,070,770 $36,495 $2,107,265
N/A DIRECTOR 5.0
Officer Director
$0 $0 $0
N/A DIRECTOR & SECRETARY 60.0
Officer Director
$0 $33,766 $1,209,090
N/A DIRECTOR, TREASURER & CFO - END 12/23 60.0
Officer Director
$1,178,855 $78,556 $1,257,411
N/A DIRECTOR, TREAS, SECR, & CFO 60.0
Officer Director
$251,213 $26,153 $277,366
N/A DIRECTOR & CHIARMAN 5.0
Officer Director
$0 $0 $0
N/A DIRECTOR & VICE PRESIDENT 60.0
Officer Director
$586,901 $48,925 $635,826
N/A VICE PRESIDENT & DIRECTOR 60.0
Officer Director
$335,673 $27,869 $363,542
N/A DIRECTOR & VICE PRESIDENT 60.0
Officer Director
$559,754 $24,141 $583,895
N/A DIRECTOR & PRESIDENT 60.0
Officer Director
$345,102 $26,157 $371,259
N/A DIRECTOR, PRES & CEO 5.0
Officer Director
$0 $18,234 $376,147
N/A DIRECTOR & TREASURER 5.0
Officer Director
$0 $29,471 $154,705
N/A DIRECTOR & PRESIDENT 60.0
Officer Director
$21,752 $169 $21,921
N/A DIRECTOR & TREASURER- END 10/23 5.0
Officer Director
$0 $0 $0
N/A BOARD CHAIR & TRUSTEE 5.0
Officer Director
$0 $0 $0
N/A DIRECTOR & BOARD CHAIR 5.0
Officer Director
$0 $0 $0
N/A DIRECTOR 60.0
Officer Director
$611,977 $41,657 $653,634
N/A DIRECTOR & PRESIDENT 60.0
Officer Director
$26,598 $2,589 $29,187
N/A DIRECTOR & BOARD CHAIR 5.0
Officer Director
$0 $0 $0
N/A DIRECTOR & PRESIDENT 5.0
Officer Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$447,803 $13,841 $461,644
N/A DIRECTOR 60.0
Director
$695,273 $54,948 $750,221
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 60.0
Director
$6,133 $748 $6,881
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A TRUSTEE 5.0
Director
$0 $0 $0
N/A DIRECTOR 60.0
Director
$658,601 $35,131 $693,732
N/A DIRECTOR 60.0
Director
$1,482,834 $55,182 $1,538,016
N/A DIRECTOR 5.0
Director
$0 $118,617 $3,037,724
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR - END 11/23 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 60.0
Director
$507,308 $33,725 $541,033
N/A TRUSTEE - END 6/23 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $172,334
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $56,782 $10,983,339
N/A DIRECTOR - END 6/23 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $145,334
N/A DIRECTOR - END 2/23 5.0
Director
$0 $0 $0
N/A DIRECTOR - END 5/23 60.0
Director
$283,117 $3,892 $287,009
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR & CHAIRMAN 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR - END 1/23 60.0
Director
$63,584 $3,719 $67,303
N/A TRUSTEE 5.0
Director
$0 $0 $0
N/A DIRECTOR 60.0
Director
$1,029,278 $26,981 $1,056,259
N/A DIRECTOR - END 4/23 5.0
Director
$0 $0 $0
N/A DIRECTOR (EX-OFFICIO) 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 60.0
Director
$501,290 $33,307 $534,597
N/A DIRECTOR - END 12/23 5.0
Director
$0 $0 $0
N/A DIRECTOR & PRESIDENT 60.0
Director
$2,557,017 $54,567 $2,657,817
N/A DIRECTOR - END 1/23 5.0
Director
$0 $0 $0
N/A DIRECTOR 0.0
Director
$0 $0 $0
N/A DIRECTOR 60.0
Director
$854,720 $31,359 $886,079
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$479,232 $31,374 $510,606
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR & VICE CHAIR 5.0
Director
$0 $0 $0
N/A DIRECTOR 60.0
Director
$278,695 $28,099 $306,794
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $181,030
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR - END 3/23 5.0
Director
$0 $279,708 $5,067,704
N/A DIRECTOR 60.0
Director
$396,387 $16,358 $412,745
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 60.0
Director
$354,975 $29,890 $384,865
N/A DIRECTOR 60.0
Director
$713,625 $32,242 $745,867
N/A TRUSTEE 5.0
Director
$0 $0 $0
N/A DIRECTOR - END 10/23 5.0
Director
$0 $0 $0
N/A DIRECTOR & PRES 60.0
Director
$792,984 $31,314 $824,298
N/A BOARD CHAIR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 60.0
Director
$371,861 $31,119 $402,980
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 60.0
Director
$405,074 $28,579 $433,653
N/A DIRECTOR 60.0
Director
$368,538 $11,513 $380,051
N/A DIRECTOR 5.0
Director
$315,727 $20,604 $336,331
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 60.0
Director
$320,703 $27,538 $348,241
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR- END 5/23 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A TRUSTEE 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 60.0
Director
$270,743 $26,123 $296,866
N/A PHYSICIAN CHAIRPERSON 60.0
Director
$1,781,384 $30,339 $1,811,723
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 60.0
Director
$189,450 $26,347 $215,797
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 60.0
Director
$370,014 $23,514 $393,528
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $454,350
N/A DIRECTOR 5.0
Director
$0 $53,587 $2,751,186
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR - END 12/23 60.0
Director
$544,009 $30,461 $574,470
N/A TRUSTEE 60.0
Director
$716,840 $28,869 $745,709
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A DIRECTOR 5.0
Director
$0 $0 $0
N/A PHYSICIAN PRESIDENT 60.0
Officer
$833,315 $30,687 $864,002
N/A ASSISTANT SECRETARY 60.0
Officer
$45,737 $17,659 $63,396
N/A PRESIDENT & CEO 60.0
Officer
$1,857,163 $25,356 $1,882,519
N/A PRESIDENT - END 5/23 60.0
Officer
$524,175 $40,419 $564,594
N/A CFO 60.0
Officer
$418,771 $26,491 $445,262
N/A Physician President 60.0
Officer
$776,963 $39,095 $816,058
N/A CFO - END 12/23 60.0
Officer
$526,203 $50,503 $576,706
N/A CFO 60.0
Officer
$267,056 $13,459 $280,515
N/A CFO 60.0
Officer
$326,062 $4,322 $330,384
N/A VICE PRESIDENT 60.0
Officer
$255,880 $1,010 $256,890
N/A CFO 60.0
Officer
$369,267 $32,974 $402,241
N/A ASSISTANT SECRETARY 60.0
Officer
$94,916 $23,065 $117,981
N/A VICE PRESIDENT 60.0
Officer
$811,395 $32,794 $844,189
N/A CFO 60.0
Officer
$310,639 $32,055 $342,694
N/A AHN CHIEF REVENUE CYCLE OFFICER 60.0
Key Emp
$295,840 $39,152 $334,992
N/A CHIEF NURSING OFFICER - END 5/23 60.0
Key Emp
$957,596 $5,317 $962,913
N/A AHN COO 60.0
Key Emp
$225,722 $43,123 $663,740
N/A PHYSICIAN 60.0
Key Emp
$950,252 $17,510 $967,762
N/A PHYSICIAN CHAIRPERSON 60.0
Key Emp
$945,682 $28,836 $974,518
N/A PHYSICIAN 60.0
Highest
$1,430,696 $32,481 $1,463,177
N/A PHYSICIAN 60.0
Highest
$2,034,116 $33,205 $2,067,321
N/A PHYSICIAN 60.0
Highest
$1,788,811 $27,122 $1,815,933
N/A Physician 60.0
Highest
$1,384,842 $30,889 $1,415,731
N/A Physician 60.0
Highest
$1,306,356 $32,481 $1,338,837
N/A Former Chief Medical Info Officer 0.0
$848,080 $0 $848,080
N/A Former - SVP Patient Access 0.0
$0 $27,611 $1,868,101
N/A FORMER DIRECTOR & PRESIDENT 0.0
$890,082 $0 $890,082
N/A FORMER PHYSICIAN CHAIR 0
$849,778 $890 $850,668
N/A FORMER DIRECTOR 0.0
$0 $0 $47,814
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 $5,620,337,593 $5,512,040,788 $4,334,308,148 $108,296,805
2022 $5,213,963,153 $5,031,657,157 $4,232,873,367 $182,305,996
2021 $4,793,642,986 $4,586,733,862 $4,296,985,139 $206,909,124
2020 $4,005,225,290 $4,120,225,028 $4,274,556,698 $-114,999,738
2019 $3,934,196,713 $3,849,234,820 $3,792,772,543 $84,961,893
2018 $3,668,217,017 $3,596,635,859 $3,149,634,218 $71,581,158
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