From Our Chair and Our Chief Executive Officer
Throughout the pandemic, we emphasized that Highmark Health was built to weather the storm. Our financial strength and operational agility allowed us to respond to new challenges, while continuing to advance Living Health, our long-term strategy to transform health, coverage, and care.
That is just as true in today's economic environment. Despite inflation cost pressures, labor shortages, supply chain disruptions, and the impact of struggling financial markets on our investment portfolio, Highmark Health reported $26 billion in revenue for year-end 2022 18% growth year over year. We continued to deliver on our promise to our communities, providing more than $300 million in enterprise-wide corporate giving, charity care, and uncompensated care. And we made significant strides in building out Living Health.
The strength of Highmark Health's business model starts with our core health insurance business. Our Blue-branded affiliates remain the largest health insurers in Pennsylvania, Delaware, West Virginia, and western New York, growing total membership to 7 million in 2022, including successful Medicare Advantage, ACA market, Medicaid, and CHIP programs. We also embarked on a significant expansion of our health insurance presence in the southeastern Pennsylvania market, with commercial and ACA products in development for 2024.
Our diversified business portfolio including enGen, Helion, HM Insurance Group, and United Concordia Dental also continues to be a key differentiator for our organization, providing long-term strength and stability in uncertain times.
On the provider side, despite the significant challenges facing health care systems nationwide, Allegheny Health Network increased outpatient registrations, physician visits, ER visits, and births during the year. Just as importantly, the health system continued expanding care capabilities in the communities we serve, including opening the AHN Seneca Valley Outpatient Center and the AHN Montour Health + Sports Medicine Center.
As a purpose-driven organization, we also leverage financial strength to help improve health and economic resilience in our communities. We reinforced that commitment in 2022 by launching Highmark Bright Blue Futures, a unifying program for community giving and engagement activities that will help maximize the impact of our efforts to improve equitable access to care, quality of life, and economic resilience in our communities. At the intersection of health and community, we also continued to invest in capabilities and programs addressing social determinants of health, including a multi-year initiative to create a high-performing social care network of community-based organizations.
We are now midway through our five-year business transformation centered on Living Health, a blended model of health, coverage, and care that will deliver a simpler, more personalized, and proactive health experience for individuals and clinicians. Like much of our work in the 10 years since standing up Allegheny Health Network and forming Highmark Health as a national blended health organization, the current strategy has driven near-term improvements while also investing in a bold vision of the future.
In 2022, that bold vision became more tangible for consumers as we began rolling out a new generation of digitally enhanced health solutions that provide simpler, proactive, personalized support for conditions like diabetes and joint and muscle pain. In November, we launched My Highmark, an app that serves as the digital front door to Living Health’s integrated health experience platform. This is a big step forward in our goal of providing health plan members with a “one-stop shop” for all the tools, resources, and information they need to manage their health.
As this annual report's financial performance presentation and financial overview demonstrate, Highmark Health remains in a strong position to prevail against ongoing headwinds and continue growing our businesses and expanding capabilities to meet customer needs and long-term strategic priorities.
Looking ahead, the past few years remind us that we cannot predict or control every challenge that will come our way. What we can control is the readiness and capacity to respond, an unwavering commitment to our customers, communities, and each other, and a relentless focus on our mission to create a remarkable health experience, freeing people to be their best.
"Like much of our work in the 10 years since standing up Allegheny Health Network and forming Highmark Health as a national blended health organization, the current strategy has driven near-term improvements while also investing in a bold vision of the future."
$26 billion operating revenue in 2022
In 2022, Highmark Health and its subsidiaries and affiliates made capital investments of $915 million to advance the mission of creating a remarkable health experience, freeing people to be their best.
Highmark Health's overall financial strength in 2022, including 18% year-over-year revenue growth, enabled the organization to adapt to challenging market conditions, while making significant advances in its Living Health strategy. Additionally, the organization provided more than $300 million in enterprise-wide community support, including corporate giving, charity, and uncompensated care.