Highmark Health Plan successfully enters southeastern Pennsylvania market Allegheny Health Network sees increased patient volumes, bolstering revenue and improving operational performance PITTSBURGH, May 30, 2024 /PRNewswire/ -- Highmark Health today announced consolidated financial results for the first three months of 2024, reporting $7.3 billion in revenue, operating gains of $84 million, and net income of $194 million. Highmark Health continued to address cost pressures related to rising drug and labor costs while maintaining a strong balance sheet with $11 billion in cash and investments and net assets of nearly $10 billion as of March 31, 2024. "Highmark Health experienced steady financial results in the first quarter of 2024, driven by sustained membership and market expansion, increased patient volumes, and gains from investment activity. ...