Pittsburgh-based Highmark Health reported a $674 million operating loss in 2025, reflecting continued insurance headwinds despite improved performance at its hospital division. Highmark — which operates health plans, health system Allegheny Health Network and several other businesses — reported a…
Financial
BCBS Rhode Island posted a $10 million operating loss in 2025, the insurer shared March 12. The company had a normalized operating loss of $78 million, a -3.2% margin, up from $115 million in 2024, where it recorded a -5.2%…
Point32Health reported a $301 million operating loss in 2025, offset by $167 million in investment income for an adjusted net loss of $141 million. The insurer, parent company of Harvard Pilgrim Health Care and Tufts Health Plan, posted revenues of…
Three of four Regence health plans ended 2025 with operating losses as medical and drug costs climbed across Oregon, Washington, Idaho and Utah, according to results published by the organizations on March 2. The Washington plan was the hardest hit.…
Excellus BlueCross BlueShield ended 2025 with a 1.4% operating loss totaling $108 million, as medical and drug claims climbed 16% year over year to nearly $7 billion. The insurer said March 5 the results are its largest annual claims increase…
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BCBS Vermont posted a net income of $63.3 million in 2025, along with an underwriting gain of $47.3 million, the insurer confirmed to Becker’s. The insurer reported a $53 million operating gain and a 2.7% operating margin for 2025, according…
Blue Cross Blue Shield of Michigan reported a net loss of $246 million on enterprise revenue of $43.3 billion in 2025, up from its $1.02 billion loss on $40.6 billion in revenue in 2024. For 2025, the company posted an…
Blue Cross and Blue Shield of Massachusetts reported a net loss of $222.8 million and a -2.2% profit margin in 2025, citing unprecedented medical and pharmacy spending. The company’s annual revenue was $10.3 billion. It posted an operating loss of…
UnitedHealth Group Board Chairman and CEO Stephen Hemsley privately invested in healthcare companies that work with UnitedHealth or have competing offerings, The Wall Street Journal reported Feb. 16. Mr. Hemsley’s investment firm, Cloverfields Capital Group LP, has made both public…
After factoring in $64.7 million in restructuring costs, Philadelphia-based Thomas Jefferson University, owner of Jefferson Health, recorded an operating loss of $201 million (-2.3% operating margin) in the first half of fiscal 2026, up from an operating loss of $55.3…