NFP500

#56 of 500 · Health Plan / Insurer

Health Partners Plans Inc

EIN 23-2379751 · PA · NTEE n/a · Form 990, fiscal 2023

A nonprofit, hospital-owned managed care organization based in Philadelphia serving Medicaid, Medicare, and marketplace members across southeastern and central Pennsylvania. It provides health coverage and care coordination to lower-income and older residents. Beginning July 2023, the organization rebranded its corporate marketing name to Jefferson Health Plans, a phased transition, while continuing to operate as the same nonprofit health plan.

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Financials, fiscal 2023

Revenue
$2.53B
Expenses
$2.49B
Total assets
$812.7M
Net assets
$314.2M
Operating margin
1.9%
1-year growth
18.0%
5-year growth (CAGR)
9.1%
Reserve (years of spending)
1.5
Contributions share
n/a
Programme spending
99.1%
Fundraising cost
n/a
Executive pay share
0.17%
Employees
1,068
Revenue per employee
$2.4M
Grants paid
n/a
Years filing
34

NFP Health Score: 67 / 100

Financial 37 · 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 build healthier lives and stronger communities.

Revenue history

YearRevenue
2019$1.79B
2020$1.80B
2021$1.90B
2022$2.15B
2023$2.53B