ELV - Elevance Health - Stock Price & Dividends

Elevance Health Inc. is a leading health benefits company in the United States, operating through four distinct segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other.

The company offers a diverse range of health plans and services to its program members, including health products, fee-based administrative managed care services, and specialty insurance products such as stop loss, dental, vision, life, disability, and supplemental health insurance benefits. This comprehensive suite of services enables individuals to access quality healthcare and manage their health expenses effectively.

In the pharmacy services business, Elevance Health operates a robust platform that includes pharmacy benefit management, home delivery and specialty pharmacies, claims adjudication, formulary management, pharmacy networks, rebate administration, a prescription drug database, and member services. This integrated approach ensures that patients receive the right medications at the right time, while also controlling costs for payers.

Additionally, the company provides a broad spectrum of healthcare-related services and capabilities, including utilization management, behavioral health, integrated care delivery, palliative care, payment integrity services, subrogation services, and health and wellness programs. These services are designed to improve health outcomes, reduce costs, and enhance the overall healthcare experience.

Elevance Health also offers services related to data management, information technology, and business operations, which enable healthcare providers and payers to streamline their operations, reduce administrative burdens, and focus on delivering high-quality patient care.

The company's National Government Services business is another key area of focus, where it provides critical services to government-sponsored health programs.

Elevance Health operates under the Anthem Blue Cross and Blue Shield, Wellpoint, and Carelon brand names, and has a strong online presence through its website, https://www.elevancehealth.com.

With a rich history dating back to 2001, Elevance Health Inc. is headquartered in Indianapolis, Indiana, and has undergone a significant transformation, rebranding from Anthem, Inc. to Elevance Health, Inc. in June 2022.