#7 of 500 · Health Plan / Insurer
Caresource Ohio Inc
Part of CareSource, a nonprofit managed care organization headquartered in Dayton, Ohio, founded in 1989. It administers government-sponsored health coverage, including Medicaid managed care, Medicare Advantage, and marketplace plans. In Ohio it is one of the largest Medicaid managed care plans, coordinating health services and benefits for low-income and other members.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $8.53B
- Expenses
- $7.98B
- Total assets
- $2.23B
- Net assets
- $819.8M
- Operating margin
- 6.3%
- 1-year growth
- -15.3%
- 5-year growth (CAGR)
- 1.1%
- Reserve (years of spending)
- 1.2
- Contributions share
- n/a
- Programme spending
- 99.1%
- Fundraising cost
- n/a
- Executive pay share
- 0.00%
- Employees
- n/a
- Revenue per employee
- n/a
- Grants paid
- $2.5M
- Years filing
- 37
NFP Health Score: 56 / 100
Financial 16 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.
Mission
To make a lasting difference in our members' lives by improving their health and well-being.
Revenue history
| Year | Revenue |
|---|---|
| 2019 | $8.15B |
| 2020 | $9.27B |
| 2021 | $9.76B |
| 2022 | $10.06B |
| 2023 | $8.53B |