Pittsburgh-based Highmark Health reported $8.3 billion in revenue and $216 million in operating income for the first quarter, according to earnings results posted May 28.
The organization posted $183 million in net income for the quarter and maintained $11.4 billion in cash and investments, with net assets of $9.9 billion as of March 31.
Health plans
Highmark Health Plans reported $6.3 billion in operating revenue and $249 million in operating income for Q1, a $258 million improvement over the same period in 2025. The division’s recovery was attributed to pricing and product strategy adjustments alongside the organization’s integrated payer-provider structure.
Allegheny Health Network
Allegheny Health Network posted $1.5 billion in revenue and $9 million in operating income for the quarter, marking its fifth consecutive quarter of positive operating income. Net EBITDA was $64 million, a 13% decrease year over year, which the system attributed to net unrealized investment losses.
Volume trends were mixed. Inpatient discharges and observations fell 3% year over year, as did emergency room visits. Outpatient registrations and physician visits each increased 3%. AHN cited weather challenges and a milder-than-expected respiratory season as contributing to softer inpatient and ER volumes early in the quarter.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
