Overview
What is Highmark Health?
Highmark Health is a leading nonprofit organization based in Pittsburgh, Pennsylvania. As the parent entity of a blended health system, it provides strategic, operational, and administrative support to the Allegheny Health Network, enabling it to execute on its charitable mission. Highmark Health's mission is to create a remarkable health experience, focusing on making healthcare easily accessible, understandable, and affordable for all. With a strong commitment to improving community health and well-being, Highmark Health is revolutionizing the healthcare industry by integrating health, coverage, and care under the Living Health model. Through this innovative approach, they aim to deliver a simpler, more personalized, and proactive healthcare experience for individuals and clinicians. The Living Health dynamic platform acts as the future health "operating system," connecting people and clinicians on one digital platform and achieving the Quadruple Aim (better patient experience, clinician satisfaction, improved health outcomes, and lower costs) at scale. The Allegheny Health Network, a part of Highmark Health, is a patient-centered and physician-led academic healthcare system that provides comprehensive, high-quality care services to patients in Western Pennsylvania and neighboring regions. With 14 hospitals, over 200 primary and specialty care practices, approximately 22,000 employees, and a spectrum of home and community-based healthcare services, AHN is dedicated to transforming the current model of healthcare delivery by encouraging providers to use the most appropriate and cost-effective care venues and delivering superior outcomes.
Official website here: www.highmarkhealth.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Highmark Health has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The overall score is derived entirely from a single beacon score focusing on accountability and finance, showcasing the organization's transparency and effective management practices.
The organization demonstrates a robust governance structure, with 93% of its board members being independent. Highmark Health has a comprehensive approach to oversight, with no reported material diversion of assets and a strong financial statement audit process. Additionally, the presence of essential policies—such as conflict of interest and whistleblower policies—highlights their dedication to ethical practices.
Despite these strengths, the rating primarily emphasizes financial and governance aspects, and the evaluation does not address specific programmatic outcomes or community impact. Nonetheless, Highmark Health's financial ratios, including a program expense ratio of 73.83%, suggest a significant investment in its programs, which is a positive indicator for stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Highmark Health legitimate?
Highmark Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highmark Health submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $31,160,226
Professional Fundraising Fees: $0
Other Salaries and Wages: $353,134,053
For more financial information, click here
Official website here: www.highmarkhealth.org
What is the mission statement of Highmark Health?
Highmark Health, as the parent entity of a blended health organization, is dedicated to making healthcare easily accessible, understandable, and affordable for those it serves. Its mission is to deliver high-quality, accessible, understandable, and affordable experiences, outcomes, and solutions. Highmark Health places the customer at the center of its operations and is driven to transform healthcare. It believes in collaboration for shared success and values outcomes over activity. The organization's goal is to reinvent health through a new model called Living Health, which connects payers, providers, tech innovators, and community organizations to build a health ecosystem that works better for everyone. Through Living Health, Highmark Health aims to simplify, personalize, and proactively improve the health experience for individuals and clinicians, reducing organizational friction and extracting valuable insights to optimize outcomes at a lower cost. The Living Health platform is designed to function as the healthcare industry's operating system of the future.
Official website here: www.highmarkhealth.org
Who is the CEO of Highmark Health?
Unavailable The CEO's salary of Highmark Health is $9,417,154 and their total compensation is $9,476,858.
Official website here: www.highmarkhealth.org
What is the revenue of Highmark Health?
Highmark Health's revenue in 2022 was $492,941,379.
Official website here: www.highmarkhealth.org
Who are the executives of Highmark Health and what are their salaries?
The average compensation at Highmark Health during 2022 was $115,231. There are 3335 employees and 128 volunteers at Highmark Health.
Here are 33 key members and their salaries (Highmark Health's CEO's salary is $9,417,154 and their total compensation is $9,476,858):
- Compensation: $9,417,154
- Related: $0
- Other: $59,704
- Compensation: $0
- Related: $145,630
- Other: $0
- Compensation: $0
- Related: $113,530
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $117,363
- Other: $0
- Compensation: $0
- Related: $157,530
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $137,130
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $2,463,264
- Related: $0
- Other: $38,394
- Compensation: $803,032
- Related: $0
- Other: $48,899
- Compensation: $3,220,337
- Related: $0
- Other: $205,175
- Compensation: $259,482
- Related: $0
- Other: $1,088
- Compensation: $1,502,518
- Related: $0
- Other: $101,853
- Compensation: $1,963,439
- Related: $0
- Other: $53,070
- Compensation: $4,096,615
- Related: $0
- Other: $257,801
- Compensation: $2,506,370
- Related: $0
- Other: $39,900
- Compensation: $1,525,803
- Related: $0
- Other: $108,830
- Compensation: $2,438,589
- Related: $0
- Other: $48,907
- Compensation: $1,046,738
- Related: $0
- Other: $37,237
- Compensation: $2,120,304
- Related: $0
- Other: $51,328
- Compensation: $1,797,792
- Related: $0
- Other: $121,203
- Compensation: $1,128,750
- Related: $0
- Other: $347,278
- Compensation: $1,471,856
- Related: $0
- Other: $87,348
- Compensation: $679,576
- Related: $0
- Other: $338
- Compensation: $675,354
- Related: $0
- Other: $0
Official website here: www.highmarkhealth.org
Where can I find the form 990 for Highmark Health?
Highmark Health's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.highmarkhealth.org
Learn more at the official website: www.highmarkhealth.org
Mission Statement of Highmark Health
Highmark Health, as the parent entity of a blended health organization, is on a mission to make healthcare easily accessible, understandable, and affordable for all. This mission is rooted in creating high-quality, accessible, understandable, and affordable experiences, outcomes, and solutions for those it serves. Highmark Health's goal is to reinvent healthcare by implementing a new model called Living Health. Through this model, they connect payers, providers, tech innovators, and community organizations to build a health ecosystem that benefits everyone.
Living Health is an enterprise strategy by Highmark Health that aims to integrate health, coverage, and care to deliver a simpler, more personalized, and proactive healthcare experience for individuals and clinicians. This strategy reduces organizational friction and extracts valuable insights, optimizing outcomes at a lower cost. The Living Health dynamic platform is designed to be the health operating system of the future, connecting what individuals and clinicians need on one digital platform. The Living Health model's success in achieving the Quadruple Aim (better patient experience, clinician satisfaction, and health outcomes, with lower costs) provides a sustainable economic model to solve industry problems at scale.
Highmark Health's mission is driven by its belief in being leaders and stewards in the community, improving the health and well-being of those they serve. They give back to, reinvest in, and strengthen the communities where their customers and employees live, work, and play. By pioneering new models and transforming the healthcare industry, Highmark Health is dedicated to creating a remarkable health experience, freeing people to be their best.
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Impact
October, 2024
Highmark Health significantly advances the healthcare landscape by striving to make health care easily accessible, understandable, and affordable. Through its innovative blended health organization, which includes the Allegheny Health Network (AHN), Highmark Health is committed to transforming health care delivery to enhance patient experiences and outcomes.
The organization's approach centers around the Living Health model, which integrates health, coverage, and care to create a seamless ecosystem. This integration aims to simplify and personalize the health care experience while simultaneously ensuring high-quality care and lowering costs. Highmark Health's strategic initiatives seek to reduce friction within the healthcare system, optimize outcomes, and provide valuable insights through a dynamic digital platform that serves as a comprehensive health operating system.
Highmark Health not only focuses on individual care but also prioritizes community well-being. Its extensive network of hospitals and healthcare practices across western Pennsylvania and surrounding states enables it to deliver a wide array of services tailored to diverse patient needs. The organization emphasizes a patient-centered approach, encouraging the use of cost-effective care venues while adhering to evidence-based practices to ensure superior health outcomes.
Moreover, Highmark Health's commitment to its core values—customer first, transformational leadership, trust through collaboration, and purposeful execution—guides its efforts to reinvent health care. This forward-thinking perspective positions Highmark Health as a leader in health care transformation, enhancing the quality of care while also fulfilling its fundamental responsibility to improve the health of the communities it serves.
This information is meant to be a general summary of Highmark Health. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$83,660
- Program Service Revenue: $487,775,039
- Gross Receipts: $1,039,352,075
Assets and Liabilities:
- Total Assets: $636,073,113
- Total Liabilities: $226,572,156
- Net Assets: $409,500,957
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFILIATE EXPENSE REIMBURSEMENT
Revenue
$487,775,039
Organization Details
Founding Year
2011
Phone
(412) 544-6668Main Address
120 FIFTH AVENUE Tax, PITTSBURGH, PA, 15222
Website
www.highmarkhealth.orgNTEE Category
Code: E21 - Health
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