| Market Capitalization (Millions $) |
1,306 |
| Shares
Outstanding (Millions) |
115 |
| Employees |
4,700 |
| Revenues (TTM) (Millions $) |
2,464 |
| Net Income (TTM) (Millions $) |
-72 |
| Cash Flow (TTM) (Millions $) |
-97 |
| Capital Exp. (TTM) (Millions $) |
25 |
Evolent Health Inc
We are a market leader in the new era of value-based care, in which leading health systems and physician organizations, which we refer to as providers, as well as health plans, which we refer to as payers, are moving their business models from traditional fee-for-service reimbursement to an increasingly integrated clinical and financial responsibility for populations. We refer to our provider and payer customers as partners. We consider this integration of health care delivery and financial responsibility with the aim of lowering cost, enhancing quality, and improving satisfaction, to be the core of value-based care. We believe the pace of this integration is accelerating, driven by price pressure in traditional FFS health care, a market environment that is incentivizing value-based care models, growth in consumer-focused insurance programs, such as Medicare Advantage and innovation in data and technology.
Our Evolent Health Services segment includes our integrated value based care platform designed to help our customers manage and administer patient health in a more cost-effective manner. Upon the acquisitions in 2016 of Valence Health and Aldera, we have invested to upgrade the platform and integrate it with Identifi' and our clinical solutions to create an integrated value-based care platform.
Health plan services: Health plan services is a comprehensive suite of services including third-party administration, enrollment and billing support, medical and utilization management, third-party payment and program integrity support and provider network contracting services. Other health plan related services include sales and marketing, product development, actuarial, and regulatory and compliance.
Pharmacy benefit management: Our team of professionals support the prescription drug component of providers' plan offerings and bring national buying power and dedicated resources that are tightly integrated with the care delivery model. Differentiated from what we consider to be traditional PBMs, our solution is integrated into patient care and engages population health levers including generic utilization, provider management, and utilization management to reduce pharmacy costs.
Risk management: Our risk management services provide the capabilities needed to successfully manage risk for payers, including analysis, data and operational integration with payer processes, and ongoing performance management.
Analytics and reporting: Our analytics and reporting services provide the ongoing and ad hoc analytic teams and reports required to measure, inform and improve performance, including population health analytics, market analytics, network evaluation, staffing models, physician effectiveness, clinical delivery optimization and patient engagement.
Leadership and management: Our local and national talent assist our partners in effectively managing the performance of their value-based operations.
Our Clinical Solutions segment has two primary solutions: (1) specialty care management services, and (2) total cost of care management. From time to time, we package our solutions under various go-to-market brand names to create product differentiation. Our partners may engage us to provide one type of solution, or multiple types of solutions, depending on specific needs.
Core elements of our total cost of care management services include: (1) population health performance, which supports the delivery of patient-centric cost effective care and (2) delivery network alignment, comprising the development of high performance delivery networks. Our total cost of care solution focuses on primary care providers, who serve as the primary point of contact for populations accessing medical care.
Our specialty care management services support a broad range of specialty care delivery stakeholders during their transition from fee-for-service to value-based care, independent of their stage of maturation and specific market dynamics. We focus on the oncology and cardiology markets with the objective of helping providers and payers deliver higher quality, more affordable care and we provide comprehensive quality management for oncology and cardiology patients from diagnosis through advance care planning services.
Company Address: 1812 N. Moore Street Arlington 22209 VA
Company Phone Number: 389-6000 Stock Exchange / Ticker: NYSE EVH
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