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 approach that addresses a wide range of health needs. Their services are backed by advanced capabilities and a digital health platform that streamlines access to care. 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

N/A

Employees

10,001+

Industries

Social Impact, Healthcare

Total Funding

$309.4M

Headquarters

N/A

Founded

1944


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Simplify's Take

What believers are saying

  • Elevance Health's nearly 100,000 associates and service to over 118 million people indicate a robust and expansive operational scale.
  • The launch of SpecialtyRx Savings Navigator demonstrates their commitment to affordability and advanced analytics in managing specialty medications.
  • Significant investments, like the $897,000 from Inceptionr LLC, reflect strong investor confidence and financial stability.

What critics are saying

  • Legal challenges, such as the lawsuit against CMS over Star Ratings, could impact their reputation and financial performance.
  • The competitive landscape in healthcare requires continuous innovation to maintain their market position.

What makes Elevance Health unique

  • Elevance Health's transformation from a traditional health benefits organization to a lifetime trusted health partner sets it apart in the healthcare industry.
  • Their integrated whole health approach, powered by a digital platform, addresses a full range of health needs, unlike competitors who may focus on specific areas.
  • Strategic partnerships, such as with Clayton, Dubilier & Rice, enhance their primary care delivery and healthcare experience, providing a competitive edge.

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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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