CHICAGO — Health Care Service Corporation (HCSC) has been awarded by Fortune as one of America’s Most Innovative Companies 2023. This is the inaugural year of the award, presented by Fortune and Statista Inc., the world-leading statistics portal and industry ranking provider.
“HCSC is relentless in its focus on improving the health care system with innovations that broaden access to high quality and affordable healthcare, including innovations in technology, data science and stakeholder experience,” said Arun Prasad, HCSC Senior Vice President and Chief Strategy Officer. “We are grateful that Fortune has recognized our efforts by naming us one of the most innovative companies in the United States.”
Fortune and Statista selected America’s Most Innovative Companies 2023 based on product innovation, process innovation and innovation culture. For the evaluation of the innovation culture and the internal view of process innovation, Statista deployed online surveys where employees could score their own company on a scale system. For the evaluation of the external view of process innovation as well as product innovation, Statista surveyed experts in various fields — recruiters to management consultants and patent attorneys. For the evaluation of the IP portfolio, Statista cooperated with LexisNexis PatentSight and used their platform to analyze the quantity and value of a company's patents.
The 300 U.S. companies with the highest score were awarded as America’s Most Innovative Companies 2023. The full list can be viewed on the Fortune website.
About Health Care Service Corporation
Health Care Service Corporation is the country's largest customer-owned health insurer, with more than 17.5 million members in its health plans in Illinois, Montana, New Mexico, Oklahoma, and Texas. A Mutual Legal Reserve Company, HCSC is an independent licensee of the Blue Cross and Blue Shield Association.