Elevance Health

Elevance Health

Integrated health services and digital platform

About

Elevance Health focuses on enhancing the health of individuals throughout their lives by evolving from a traditional health benefits organization into a comprehensive health partner. The company serves over 118 million people, providing support at every stage of health through an integrated whole health approach. This approach combines various health needs and is supported by advanced capabilities and a digital health platform. Unlike many competitors, Elevance Health emphasizes a holistic view of health, aiming to redefine health and improve community well-being. The ultimate goal is to make health improvements accessible to everyone.

Company Stage

IPO

Employees

10,001+

Industries

Enterprise Software, Social Impact, Healthcare

Total Funding

$309.4M

Headquarters

Indianapolis, Indiana

Founded

1944


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Simplify's Take

What believers are saying

  • Acquisition of CareBridge enhances Elevance's home health services.
  • Strategic partnership with Clayton, Dubilier & Rice advances primary care delivery.
  • CarelonRx's SpecialtyRx Savings Navigator addresses specialty medication affordability.

What critics are saying

  • Departure of CFO John Gallina may impact financial leadership.
  • Lawsuit against CMS could lead to financial penalties or reputational damage.
  • Integration of CareBridge may face operational challenges affecting service delivery.

What makes Elevance Health unique

  • Elevance Health is transforming into a lifetime trusted health partner.
  • The company integrates whole health approaches with digital health platforms.
  • Elevance Health serves over 118 million people with nearly 100,000 associates.

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Benefits

Medical, dental, & vision insurance

401(k) + match

Paid holidays

Paid Time Off

Incentive bonus programs

Stock purchase plan

Life insurance

Wellness Programs

Financial education resources

Adoption & Surrogacy Assistance

Dependent-care Flexible Spending Account (DCFSA)

Parental Leave

Parental Transition Week

Critical Caregiving Leave

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