EHealth CareEIN: 382359234

Blue Care Network of Michigan

Detroit, Michigan

B+Health Score
66B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 354 peers in Health Care with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.40×
Peer Median0.58×
💰
$4.5B
Total Revenue
📊
$4.5B
Total Expenses
🏦
$1.8B
Net Assets
📋
$835.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.9%
Year-over-year change (2022 → 2023)
Net Margin
+0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.40
Net assets divided by total expenses
Liabilities-to-Assets
31.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,483,151,6328%$4,478,671,2516%$2,619,529,328
2022$4,153,996,6662%$4,241,941,1162%$2,627,985,0226%
2021$4,068,672,3454%$4,151,723,9022%$2,791,773,5648%
2020$4,229,242,7023%$4,087,914,1324%$3,036,231,7398%
2019$4,366,314,5941%$4,265,797,4603%$2,807,631,80412%
2018$4,393,467,25519%$4,125,556,88919%$2,499,496,68811%
2017$3,702,318,4365%$3,466,108,4861%$2,252,778,63514%
2016$3,509,403,5575%$3,420,285,1163%$1,981,918,0761%
2015$3,351,543,5359%$3,326,555,1239%$1,968,744,16310%
2014$3,081,139,41413%$3,057,322,13817%$1,796,385,56713%
2013$2,732,914,2841%$2,606,149,9731%$1,589,402,592
2012$2,750,122,8012%$2,574,004,8692%$1,583,028,24621%
2011$2,687,626,840$2,518,677,674$1,309,143,675

Frequently Asked Questions

What does Blue Care Network of Michigan do?

Blue Care Network of Michigan is a health care nonprofit organization based in Michigan. It is classified under NTEE code E80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Blue Care Network of Michigan financially healthy?

Based on our 9-metric Financial Health Score model, Blue Care Network of Michigan has a score of 66/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Blue Care Network of Michigan generate?

Blue Care Network of Michigan reports $4.8B in annual revenue and holds $2.4B in total assets, based on IRS filings.

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