#79 of 500 · Health Plan / Insurer
Neighborhood Health Plan Of Rhode Island
A not-for-profit managed-care health plan founded in partnership with Rhode Island's community health centers. It provides health coverage primarily to Medicaid, Medicare, and other at-risk and lower-income populations across Rhode Island, coordinating access to primary, specialty, and preventive care while advocating for health equity for its members.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $1.88B
- Expenses
- $1.88B
- Total assets
- $578.8M
- Net assets
- $132.0M
- Operating margin
- 0.2%
- 1-year growth
- 14.9%
- 5-year growth (CAGR)
- 8.6%
- Reserve (years of spending)
- 0.8
- Contributions share
- n/a
- Programme spending
- 99.6%
- Fundraising cost
- n/a
- Executive pay share
- 0.06%
- Employees
- 780
- Revenue per employee
- $2.4M
- Grants paid
- n/a
- Years filing
- 21
NFP Health Score: 60 / 100
Financial 24 · 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
Neighborhood Health Plan of Rhode Island, an innovative health plan in partnership with the Community Health Centers, secures access to high quality, cost-effective health care for Rhode Island's at-risk populations.
Revenue history
| Year | Revenue |
|---|---|
| 2019 | $1.35B |
| 2020 | $1.40B |
| 2021 | $1.52B |
| 2022 | $1.64B |
| 2023 | $1.88B |