#40 of 500 · Health Plan / Insurer
Texas Childrens Health Plan Inc
A nonprofit managed care organization founded by Texas Children's Hospital in Houston and described as the nation's first HMO created specifically for children. It provides Medicaid (STAR, STAR Kids) and Children's Health Insurance Program (CHIP) coverage to children, pregnant women, and families across service areas in Texas, coordinating physical and behavioral health care through its provider network.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $3.09B
- Expenses
- $3.12B
- Total assets
- $982.8M
- Net assets
- $394.3M
- Operating margin
- -1.1%
- 1-year growth
- 6.3%
- 5-year growth (CAGR)
- 15.0%
- Reserve (years of spending)
- 1.5
- Contributions share
- 0.0%
- Programme spending
- 98.9%
- Fundraising cost
- n/a
- Executive pay share
- 0.11%
- Employees
- 1,113
- Revenue per employee
- $2.8M
- Grants paid
- $57K
- Years filing
- 18
NFP Health Score: 64 / 100
Financial 32 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.
Revenue history
| Year | Revenue |
|---|---|
| 2019 | $1.76B |
| 2020 | $2.01B |
| 2021 | $2.48B |
| 2022 | $2.91B |
| 2023 | $3.09B |