After losing money in 2022, Pittsburgh’s Highmark Health rebounded last year.
The health insurance giant posted net income of $533 million even as it grappled with operating losses at its Pittsburgh-area hospitals.
That compares with a $346 million loss in 2022, due largely to struggling investments during a bear market, officials said Monday during a conference call on Highmark’s 2023 financial results.
Source: Highmark posts $533M profit in 2023, reversing dismal performance in 2022
