Published in Managed Care Business Week, May 10th, 2005
With $6.6 billion in 2004 revenues, Blue Cross and Blue Shield of Minnesota and its family of companies, is competing successfully in the national market while carrying out a 72-year nonprofit mission in highly efficient administration, investments in members' health, and modest operating gains.
Operating gain was 0.6% of revenues, which is within the plan's target range to meet regulatory mandates for its financial security and to make investments that help keep our members healthy.
"Blue Cross is a taxable nonprofit and does not generate...
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