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Highmark Health remained financially strong in 2022, reporting $26 billion in consolidated revenue, an operating gain of $440 million, and a net loss of $346 million. Excluding unrealized investment impact, the organization reported net earnings of roughly $47 million for 2022. As of December 31, 2022, the organization had $11 billion in cash and investments and net assets of $9 billion.

This strong balance sheet and steady financial performance supported excellent or stable ratings from credit agencies, including Highmark Inc.'s A+ issuer credit rating from AM Best, Standard & Poor's affirmation of an "A" financial strength rating, and Moody’s "Baa1" (or stable outlook) rating.

2023 Press Releases

2022 Press Releases

2021 Press Releases

2020 Press Releases

2019 Press Releases

2018 Press Releases


Highmark Health Mid-Year 2023 Financials

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Emily Gauthier
Highmark Health
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