Elevance Health Overview

  • Year Founded
  • 2001

Year Founded

  • Status
  • Public

  • Employees
  • 104,900

Employees

  • Stock Symbol
  • ELV

Stock Symbol

  • Investments
  • 59

  • Share Price
  • $541.71
  • (As of Monday Closing)

Elevance Health General Information

Description

Elevance Health remains one of the leading health insurers in the U.S., providing medical benefits to 47 million medical members as of December 2023. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states through government-sponsored programs such as Medicaid and Medicare Advantage plans, too.

Contact Information

Formerly Known As
WellPoint, Anthem, Blue Cross Of California, Wellpoint Health Networks Inc, Wellpoint Inc, Wellpoint, Inc
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Life and Health Insurance
Other Industries
Managed Care
Stock Exchange
NYS
Corporate Office
  • 220 Virginia Avenue
  • Indianapolis, IN 46204
  • United States
+1 (833) 000-0000

Elevance Health Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Elevance Health Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$541.71 $534.42 $412.00 - $550.34 $126B 232M 1.04M $26.64

Elevance Health Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 139,312,627 124,838,330 137,463,385 129,873,961
Revenue 171,745,000 171,340,000 156,595,000 138,639,000
EBITDA 10,693,000 10,490,000 10,126,000 10,095,000
Net Income 6,244,000 5,987,000 5,894,000 6,158,000
Total Assets 111,894,000 108,928,000 102,755,000 97,460,000
Total Debt 26,451,000 25,120,000 24,114,000 23,031,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Elevance Health Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Elevance Health‘s full profile, request access.

Request a free trial

Elevance Health Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Elevance Health remains one of the leading health insurers in the U.S., providing medical benefits to 47 million medical
Life and Health Insurance
Indianapolis, IN
104,900 As of 2023
000.00
000000000 - 000.00

000000

enderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteu
0000 000 000000 0000
Louisville, KY
00000 As of 0000
000.00
000000000 00 000.00

000 00

iam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo con
0000000 000000000
Bloomfield, CT
00000 As of 0000
00.00
000000000 00.00
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Elevance Health Competitors (11)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Humana Corporation Louisville, KY 00000 000.00 000000000 00 000.00
The Cigna Group Corporation Bloomfield, CT 00000 00.00 000000000 00.00
Molina Healthcare Corporation Long Beach, CA 00000 00.000 000000000 00 00.000
Blue Cross and Blue Shield of Minnesota Corporate Backed or Acquired St. Paul, MN 0000
Health Care Service Corporation Private Debt Financed Chicago, IL 00000 00.00 000000000 00.00
You’re viewing 5 of 11 competitors. Get the full list »

Elevance Health Patents

Elevance Health Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230044404-A1 System and method for operational workflow transparency and end-to-end events tracking Pending 03-Aug-2021 000000000
US-20230042449-A1 System and method for decreasing turnaround for pre-authorizations using a smart request for information model Pending 03-Aug-2021 000000000
US-20230036145-A1 Systems and methods for automated cloud provisioning Pending 02-Aug-2021 0000000000
US-20230208847-A1 Systems and methods for automated cloud provisioning Pending 02-Aug-2021 0000000000 0
US-20220344018-A1 Machine learning derived multimorbidity risk scores for generalizable patient populations Pending 22-Apr-2021 G16H50/30
To view Elevance Health’s complete patent history, request access »

Elevance Health Executive Team (81)

Name Title Board Seat Contact Info
Gail Boudreaux President, Chief Executive Officer & Board Member
Peter Haytaian Executive Vice President
Charles Kendrick Executive Vice President and President, Commercial and Specialty Health Benefits
Felicia Norwood Executive Vice President and President of the Government Health Benefits
Abby Merchant Chief Operating Officer of National Accounts
You’re viewing 5 of 81 executive team members. Get the full list »

Elevance Health Board Members (16)

Name Representing Role Since
0000000 0000 Self Board Member and Member of the Audit and Member of Governance Committee 000 0000
000000 000000 00.0 Self Board Member, Chairman of the Governance Committee and Member of the Compensation and Talent Committee 000 0000
000000 0000000-000 Self Board Member, Member of the Audit Committee and Member of the Governance Committee 000 0000
000000000 0000000 Self Chairwoman of the Board, Independent Director & Member of the Compensation & Talent and Governance Committee 000 0000
0000 000000000 Elevance Health President, Chief Executive Officer & Board Member 000 0000
You’re viewing 5 of 16 board members. Get the full list »

Elevance Health Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Elevance Health Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore Elevance Health‘s full profile, request access.

Request a free trial

Elevance Health Investments & Acquisitions (59)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Paragon Healthcare 11-Mar-2024 0000000000 000 Clinics/Outpatient Services 00000 000
Centers Plan For Healthy Living 31-Dec-2023 0000000000 Managed Care
BioPlus Specialty Pharmacy 15-Feb-2023 0000000000 Other Pharmaceuticals and Biotechnology 00000 000
Blue Cross and Blue Shield of Louisiana 23-Jan-2023 0000000000 000 Life and Health Insurance 0000 0000
Vivida Health 02-Oct-2022 Merger/Acquisition Life and Health Insurance
You’re viewing 5 of 59 investments and acquisitions. Get the full list »

Elevance Health Subsidiaries (22)

Company Name Industry Location Founded
Vivida Health Life and Health Insurance Fort Myers, FL 2018
IngenioRx Acquirer Morristown, NJ 0000
Integra Managed Care Elder and Disabled Care New Hyde Park, NY 0000
Carelon Insights Other Healthcare Services Brentwood, TN 0000
Simply Healthcare Plans Managed Care Virginia Beach, VA 0000
You’re viewing 5 of 22 subsidiaries. Get the full list »

Elevance Health ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

9.99 | Negl Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,191

Rank

0.00

Percentile

Healthcare

Industry

0. of 643

Rank

0.00

Percentile

Managed Health Care

Subindustry

0. of 16

Rank

0.0

Percentile

To view Elevance Health’s complete esg history, request access »

Elevance Health Exits (13)

Company Name Exit Date Exit Type Exit Size Status Buyers
Sharecare 01-Jul-2021 0000 00000 Completed
  • 7 buyers
Sera Prognostics 10-May-2021 00000 00000 00 00000 Completed
  • 9 buyers
Privia Health 29-Apr-2021 000000000 00000000 0000 Completed
  • 00000000 000000
Sera Prognostics 27-Feb-2020 00000 00000 00 000.00 Completed
  • 11 buyers
Doc.ai 01-Oct-2019 Early Stage VC 0000 Completed
  • 8 buyers
You’re viewing 5 of 13 exits. Get the full list »

Elevance Health FAQs

  • When was Elevance Health founded?

    Elevance Health was founded in 2001.

  • Who is the founder of Elevance Health?

    Sanjeev Sharma MD is the founder of Elevance Health.

  • Who is the CEO of Elevance Health?

    Gail Boudreaux is the CEO of Elevance Health.

  • Where is Elevance Health headquartered?

    Elevance Health is headquartered in Indianapolis, IN.

  • What is the size of Elevance Health?

    Elevance Health has 104,900 total employees.

  • What industry is Elevance Health in?

    Elevance Health’s primary industry is Life and Health Insurance.

  • Is Elevance Health a private or public company?

    Elevance Health is a Public company.

  • What is Elevance Health’s stock symbol?

    The ticker symbol for Elevance Health is ELV.

  • What is the current stock price of Elevance Health?

    As of 24-Jun-2024 the stock price of Elevance Health is $541.71.

  • What is the current market cap of Elevance Health?

    The current market capitalization of Elevance Health is $126B.

  • What is Elevance Health’s current revenue?

    The trailing twelve month revenue for Elevance Health is $172B.

  • Who are Elevance Health’s competitors?

    Humana, The Cigna Group, Molina Healthcare, Blue Cross and Blue Shield of Minnesota, and Health Care Service Corporation are some of the 11 competitors of Elevance Health.

  • What is Elevance Health’s annual earnings per share (EPS)?

    Elevance Health’s EPS for 12 months was $26.64.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »