Nonprofit health plan earns gold level status for three straight years

OAKLAND, Calif., May 14, 2025 /PRNewswire-HISPANIC PR WIRE/– Blue Shield of California has been named as a 2025 US Best Managed Company for the sixth consecutive year and as a Gold Standard winner three years in a row. Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the successes of their management teams.

As a 2025 award designee, Blue Shield of California was honored for its focus on driving business while remaining dedicated to its employees and focusing on the nonprofit health plan’s customers. Hundreds of private companies from more than 44 countries were evaluated by an external panel of judges through a rigorous and independent process. The judges selected honorees based on four key areas: strategy, ability to execute, corporate culture and governance/financial performance.

“This is an honor that is shared by each of our more than 7,500 mission-driven employees,” said Mike Stuart, Blue Shield of California’s interim president and CEO. “Earning this distinction for the sixth straight year is further evidence of our ongoing dedication and hard work that our employees demonstrate on a daily basis. I’m proud of our company for receiving this recognition once again.”

Among the U.S. winners, Blue Shield of California was one of 61 winners, one of the 58 returning honorees, one of 44 Gold Standard honorees and one of four winners in the life sciences/health care category. To see the full list of this year’s honorees, click here.

About Blue Shield of California 

Blue Shield of California strives to create a healthcare system worthy of its family and friends that is sustainably affordable. The health plan is a tax paying, nonprofit, independent member of the Blue Shield Association with nearly 6 million members, over 7,500 employees and more than $25 billion in annual revenue. Founded in 1939 in San Francisco and now headquartered in Oakland, Blue Shield of California and its affiliates provide health, dental, vision, Medicaid and Medicare healthcare service plans in California. The company has contributed more than $60 million to Blue Shield of California Foundation in the last three years to have an impact on California communities.

For more news about Blue Shield of California, please visit news.blueshieldca.com. Or follow us on LinkedIn or Facebook.

About the Best Managed Companies Program
The Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture and governance/financials. U.S. program sponsors are Deloitte Private and The Wall Street Journal. For more information, visit www.usbestmanagedcompanies.com. 

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SOURCE Blue Shield of California