The region's largest health insurer said Tuesday that revenue climbed 13% last year, to nearly $25 billion, and that its 2021 net income soared 31%, to $816 million, compared to 2020. Independence's profit margin climbed for the second year in a row, reaching 3.3%. Independence invested in a digital mental health care start-up. Independence owns 61.3% of.
The IBC Foundation Institute for Health Equity's initial focus areas will include digital health, cultural competence in medicine and maternal health. The money committed for the creation of the Institute will be spent over a five-year period.
Philadelphia care providers, insurers and colleges launch effort to address health inequities bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.