Elevance Health, Inc. Common Stock (ELV)
Frequently Asked Questions About Elevance Health, Inc. Common Stock (ELV)
Does Elevance Health, Inc. have any partnerships or acquisitions?
Elevance Health has established numerous partnerships and acquisitions to expand its capabilities and industry presence. These strategic collaborations often focus on enhancing service offerings, integrating technology solutions, and improving health outcomes, allowing the company to adapt to the evolving healthcare landscape.
How does Elevance Health ensure quality care for its members?
Elevance Health ensures quality care through rigorous provider credentialing, ongoing assessments of care delivery, and collaboration with healthcare professionals. The company closely monitors health outcomes and member feedback to continuously improve services and address gaps in care.
How does Elevance Health promote diversity and inclusion?
Elevance Health is committed to promoting diversity and inclusion within its workforce and the communities it serves. The company implements various initiatives aimed at fostering an inclusive workplace environment, providing equal opportunities, and engaging with diverse populations to ensure equitable access to healthcare services.
How does Elevance Health use technology in its services?
Elevance Health leverages technology in various ways, including telehealth services, secure health apps, and data analytics platforms. These technologies enhance the member experience, streamline care delivery, and facilitate better communication between providers and patients, ultimately leading to improved health outcomes.
How does Elevance Health's customer support operate?
Elevance Health provides comprehensive customer support through various channels, including phone, online chat, and mobile applications. Their dedicated customer service team is available 24/7 to assist members with inquiries related to their health plans, benefits, and access to healthcare services.
How does Elevance Health, Inc. support its members?
Elevance Health supports its members through a variety of programs and services designed to improve health outcomes and access to care. This includes personalized health management programs, telehealth services, and 24/7 customer support, all aimed at empowering members to make informed health decisions and receive timely care.
Is Elevance Health, Inc. publicly traded?
Yes, Elevance Health, Inc. is publicly traded on the New York Stock Exchange under the ticker symbol 'ELV'. As a publicly traded company, it is subject to regulatory reporting requirements and operates with a focus on delivering value to its shareholders while serving its members.
What are Elevance Health's core values?
Elevance Health's core values include integrity, advocacy, innovation, and collaboration. The company strives to uphold these values in every aspect of its operations, emphasizing the importance of ethical practices, proactive support for its members, continuous improvement, and teamwork in delivering exceptional healthcare solutions.
What challenges does Elevance Health face in the healthcare industry?
Elevance Health faces several challenges within the healthcare industry, including regulatory changes, rising healthcare costs, and the need for continued innovation in service delivery. The company must remain proactive in navigating these challenges while focusing on improving member outcomes and maintaining financial stability.
What community initiatives does Elevance Health participate in?
Elevance Health actively participates in community initiatives focused on health education, wellness programs, and social determinants of health. The company collaborates with local organizations to address health disparities, promote preventive care, and improve access to healthcare resources for underserved populations.
What does Elevance Health, Inc. do?
Elevance Health, Inc. is a health benefits and services company that provides various healthcare solutions. It operates through its subsidiaries to offer medical, dental, pharmacy, and behavioral health benefits, primarily to individuals, employer groups, and governments. With a focus on enhancing patient care, reducing costs, and improving health outcomes, Elevance Health utilizes technology and data analytics to create personalized healthcare experiences.
What is Elevance Health's approach to healthcare innovation?
Elevance Health's approach to healthcare innovation involves leveraging advanced technologies, data analytics, and artificial intelligence to enhance service delivery and patient care. The company actively invests in research and development to create innovative solutions that improve the health ecosystem, streamline processes, and increase efficiencies in healthcare.
What is Elevance Health's financial performance like?
Elevance Health has demonstrated strong financial performance over the years, with revenue growth driven by both membership increases and strategic initiatives. The company regularly reports its financial results, showcasing solid earnings and commitment to investing in health services while maintaining a focus on shareholders.
What is Elevance Health's mission?
Elevance Health's mission is to improve the health of its members and the communities it serves by delivering innovative, personalized health solutions. The company emphasizes a holistic approach to healthcare that prioritizes well-being and empowers individuals to achieve better health outcomes.
What is Elevance Health's stance on mental health services?
Elevance Health recognizes the importance of mental health as an integral part of overall well-being. The company offers a range of behavioral health services, including access to mental health professionals, teletherapy, and support programs aimed at improving mental wellness for its members.
What is the significance of the name 'Elevance'?
The name 'Elevance' combines the concepts of elevation and relevance, reflecting the company’s mission to elevate health and well-being while providing relevant solutions to its members. This name change from Anthem, Inc. to Elevance Health represents a strategic shift towards a broader focus on holistic health management.
What markets does Elevance Health, Inc. serve?
Elevance Health serves a wide range of markets including individual and family plans, employer-sponsored healthcare, Medicare, and Medicaid. The company's diverse offerings are designed to meet the needs of various segments, ensuring access to comprehensive healthcare options for millions of members.
What types of health plans does Elevance Health offer?
Elevance Health offers a variety of health plans, including individual and family plans, employer-sponsored group plans, Medicare Advantage, and Medicaid programs. These plans are designed to cater to different needs and budgets, ensuring that members have access to comprehensive healthcare options.
When was Elevance Health, Inc. founded?
Elevance Health, Inc. was originally founded in 1944 as the Mutual Hospital Insurance Company in Indianapolis. The company evolved over the decades, and in 2021, it rebranded itself to Elevance Health to reflect its expanded focus on holistic health services and solutions.
Where is Elevance Health, Inc. headquartered?
Elevance Health, Inc. is headquartered in Indianapolis, Indiana. This central location enables the company to effectively serve its diverse customer base across the United States while leveraging regional resources and talent to enhance its health solutions.
What is the current price of Elevance Health, Inc. Common Stock?
The current price of Elevance Health, Inc. Common Stock is 435.31
When was Elevance Health, Inc. Common Stock last traded?
The last trade of Elevance Health, Inc. Common Stock was at 2:55 pm EDT on April 4th, 2025
What is the market capitalization of Elevance Health, Inc. Common Stock?
The market capitalization of Elevance Health, Inc. Common Stock is 101.28B
How many shares of Elevance Health, Inc. Common Stock are outstanding?
Elevance Health, Inc. Common Stock has 232.67M shares outstanding.