Elevance Health Inc - Company Profile

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Elevance Health Inc (Elevance Health) is a health benefits company. The company offers managed healthcare related products and administrative services. The company provides various specialty and insurance products and services including life, vision, dental, disability insurance benefits, and supplemental health insurance. Elevance Health offers its products and services to large and small groups, federal government, Medicaid and Medicare markets, and individuals. Its medical membership customers include Local Group, Individual, National Accounts, BlueCard, Medicare, Medicaid, and Federal Employees Health Benefits (FEHB). The company is an independent licensee of the Blue Cross and Blue Shield Association (BCBSA) and has a license for insurance operations across the US. Elevance Health is headquartered in Indianapolis, Indiana, the US.

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Headquarters United States of America

Address 220 Virginia Avenue, Indianapolis, 46204


Telephone 1 317 4886000

No of Employees 102,300

Industry Financial Services

Ticker Symbol & Exchange ELV (NYSE)

Revenue (2023) $171.3B 9.4% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ 1.6% (2023 vs 2022)

Market Cap* $120.4B

Net Profit Margin (2023) XYZ -7.2% (2023 vs 2022)

* As of and is in US$
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Elevance Health Inc premium industry data and analytics

70+

Insurance Market Data Insights

Insight into market share and brand performance.

6

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Elevance Health Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Elevance Health Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Preferred Provider Organization Products Administrative Services Anthem
Consumer-Driven Health Plans Medicaid Plans and Other State-Sponsored Programs
Health Maintenance Organization Products Vision Services
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In February, Carilion Clinic and Anthem Blue Cross and Blue Shield in Virginia and Carilion Clinic signed a contract to ensure ongoing access to high-quality, affordable healthcare for Virginians.
2024 Contracts/Agreements In January, the company signed an agreement to acquire Paragon Healthcare, Inc., a provider of infusion services to patients.
2023 Financing Agreements In November, the company invested US$1.42 million to support the National Inclusive Curriculum for Health Education.
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Competitor Comparison

Key Parameters Elevance Health Inc UnitedHealth Group Inc The Cigna Group Humana Inc Aetna Inc
Headquarters United States of America United States of America United States of America United States of America United States of America
City Indianapolis Hopkins Bloomfield Louisville Hartford
State/Province Indiana Minnesota Connecticut Kentucky Connecticut
No. of Employees 102,300 400,000 71,300 67,100 -
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Elizabeth E Tallett Chairman Executive Board 2018 73
Gail K. Boudreaux Director; President; Chief Executive Officer Executive Board 2017 62
John E. Gallina Chief Financial Officer; Executive Vice President Senior Management 2016 63
Ronald W. Penczek Chief Accounting Officer; Controller Senior Management 2015 58
Kyle Weber Chief Strategy Officer Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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