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Elevance Health Inc's Business Segments
Elevance Health Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2026
Reportable Segments
4
Largest Segment
Reportable
Total Revenue
$ 50,181
Regions Reported
-
Revenue Share by Reportable Segment - Q1 FY2026
- Reportable100%
- Health Benefits80.6%
- Total Carelon1.6%
- Carelon Services1.6%
Revenue by Reportable Segment - Q1 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Reportable | $ 50,181 | 100% |
| Health Benefits | $ 40,452 | 80.6% |
| Total Carelon | $ 779 | 1.6% |
1 more segments available
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Revenue by Product & Service Category - Q1 FY2026
- Product12.4%
- Service fees0.4%
Revenue by Product & Service Category - Q1 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Product | $ 6,225 | 12.4% |
| Service fees | $ 207 | 0.4% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Elevance Health Inc
Elevance Health Inc is a healthcare technology company that offers digital solutions to improve healthcare outcomes for patients and reduce administrative burdens for healthcare providers. The company offers a comprehensive suite of tools including payment automation, data analytics, patient engagement, and clinical decision support systems, among others.
Founded in 2015, Elevance Health has a mission to streamline the healthcare system by leveraging the latest in technology to overcome the challenges in the industry. They are focused on developing intelligent software solutions that bring automation, simplification, and precision to healthcare administration, making it easier for healthcare providers to deliver quality care to patients and achieve better outcomes.
One of the most notable solutions offered by Elevance Health is its payment automation platform, which helps healthcare providers to submit and process medical bills and insurance claims efficiently. The platform is designed to automate insurance verification, claim submission, and payment processing, reducing the potential for billing errors, improving payment turnaround times, and increasing revenue for healthcare providers.
Elevance Health also offers data analytic tools that allow healthcare providers to gain insights into patient populations, track performance against quality measures, and identify areas for improvement. The platform provides custom reports and dashboards, allowing healthcare providers to monitor key performance indicators and gain actionable insights that can inform decision-making.
The company's patient engagement solutions are also notable, as they leverage advanced technologies to improve communication between patients and healthcare providers. This includes patient portal solutions that allow patients to access their medical records, communicate with their doctors, and schedule appointments through a convenient online platform.
Overall, Elevance Health Inc is a healthcare technology company that is dedicated to improving healthcare outcomes through innovative software solutions. With a focus on payment automation, data analytics, patient engagement, and clinical decision support, Elevance Health is helping healthcare providers to streamline their workflows, reduce administrative burdens, and improve the quality of care they deliver to patients.
Founded in 2015, Elevance Health has a mission to streamline the healthcare system by leveraging the latest in technology to overcome the challenges in the industry. They are focused on developing intelligent software solutions that bring automation, simplification, and precision to healthcare administration, making it easier for healthcare providers to deliver quality care to patients and achieve better outcomes.
One of the most notable solutions offered by Elevance Health is its payment automation platform, which helps healthcare providers to submit and process medical bills and insurance claims efficiently. The platform is designed to automate insurance verification, claim submission, and payment processing, reducing the potential for billing errors, improving payment turnaround times, and increasing revenue for healthcare providers.
Elevance Health also offers data analytic tools that allow healthcare providers to gain insights into patient populations, track performance against quality measures, and identify areas for improvement. The platform provides custom reports and dashboards, allowing healthcare providers to monitor key performance indicators and gain actionable insights that can inform decision-making.
The company's patient engagement solutions are also notable, as they leverage advanced technologies to improve communication between patients and healthcare providers. This includes patient portal solutions that allow patients to access their medical records, communicate with their doctors, and schedule appointments through a convenient online platform.
Overall, Elevance Health Inc is a healthcare technology company that is dedicated to improving healthcare outcomes through innovative software solutions. With a focus on payment automation, data analytics, patient engagement, and clinical decision support, Elevance Health is helping healthcare providers to streamline their workflows, reduce administrative burdens, and improve the quality of care they deliver to patients.
Elevance Health Inc. is a leading healthcare and wellness company dedicated to transforming health outcomes and enhancing overall well-being for individuals, healthcare organizations, and businesses. The company’s mission centers around empowering individuals to take charge of their health through innovative, evidence-based solutions tailored to meet diverse healthcare needs.
Segments
1. Behavioral Health:
Elevance Health’s Behavioral Health segment addresses the increasing need for mental health and substance use disorder services. The company provides a comprehensive suite of offerings, including:
- Access to licensed mental health professionals and addiction specialists.
- Online therapy options that allow for flexible scheduling and convenience.
- Specialized treatment plans designed to meet individual needs, focusing on combating mental health issues like depression, anxiety, PTSD, and addiction.
- Support services that include crisis intervention and ongoing counseling to promote recovery and resilience.
2. Telemedicine:
This segment leverages technology to deliver remote health services, thereby improving accessibility and reducing the burden on traditional healthcare systems. Key features include:
- Virtual consultations for both primary and specialty care.
- Follow-up visits that can be conducted through secure video conferencing, ensuring continuity of care.
- Remote monitoring tools that allow healthcare providers to track patient progress and intervene early if issues arise.
- Integration of telehealth services for chronic disease management and preventive care.
3. Healthcare Analytics:
Elevance Health employs cutting-edge analytics to streamline healthcare delivery and enhance patient outcomes. This segment involves:
- Utilizing machine learning and predictive analytics to identify at-risk populations and tailor interventions.
- Implementing data-driven models to optimize care pathways and minimize hospital readmissions.
- Offering healthcare organizations analytics services that include performance metrics and benchmarking against industry standards.
- Collaboration with healthcare providers to ensure the integration of evidence-based practices into clinical settings.
Products
1. Elevance Health App:
A user-friendly mobile application that centralizes access to a variety of health services, including:
- Telemedicine features that allow users to book appointments and conduct virtual visits seamlessly.
- Tools for medication management, including reminders and refill management.
- Access to mental health resources, including chat support with licensed therapists.
2. Wellness Programs:
Designed to promote preventive care and healthy lifestyles, these programs include:
- Comprehensive health screenings to identify risk factors.
- Engaging wellness challenges that promote fitness and social interaction among participants.
- Nutrition coaching programs that provide personalized dietary plans and lifestyle adjustments.
- Smoking cessation initiatives to assist individuals in quitting tobacco and improving their overall health.
3. Health Coaching:
Elevance Healths health coaching services deliver personalized support aiming to inspire individuals to achieve their health goals. Components include:
- One-on-one coaching sessions that focus on personalized action plans for improved nutrition, physical activity, mental health, and lifestyle changes.
- Group workshops and webinars that cover relevant health topics and encourage community participation.
Services
1. Chronic Disease Management:
Elevance Health’s robust solutions for chronic disease management involve:
- Comprehensive care management programs that focus on conditions like diabetes, heart disease, and COPD.
- Regular check-ins and patient education to promote adherence to medication and treatment plans.
- Remote monitoring services that enable timely interventions based on real-time data.
2. Mental Health Counseling:
This service provides individuals with critical support for various mental health conditions. Services include:
- Access to a network of licensed therapists who specialize in different therapeutic techniques.
- Flexible session options, including in-person and virtual counseling.
- Integration of mental health screenings and assessments to tailor approaches to individual needs.
3. Employee Wellness Programs:
Elevance Health collaborates with businesses to enhance employee health and productivity through:
- Holistic wellness strategies that engage employees in healthy practices.
- Health screenings, wellness workshops, and educational resources designed to build a culture of health.
- Customized telemedicine resources that provide immediate access to care, reducing employee absenteeism and enhancing workplace morale.
In summary, Elevance Health Inc. offers a diverse array of segments, products, and services designed to meet the evolving health and wellness needs of individuals, healthcare organizations, and businesses. By integrating digital technology with evidence-based practices, Elevance Health fosters a patient-centered approach that aims to enhance health outcomes, streamline healthcare delivery, and promote overall well-being.
Segments
1. Behavioral Health:
Elevance Health’s Behavioral Health segment addresses the increasing need for mental health and substance use disorder services. The company provides a comprehensive suite of offerings, including:
- Access to licensed mental health professionals and addiction specialists.
- Online therapy options that allow for flexible scheduling and convenience.
- Specialized treatment plans designed to meet individual needs, focusing on combating mental health issues like depression, anxiety, PTSD, and addiction.
- Support services that include crisis intervention and ongoing counseling to promote recovery and resilience.
2. Telemedicine:
This segment leverages technology to deliver remote health services, thereby improving accessibility and reducing the burden on traditional healthcare systems. Key features include:
- Virtual consultations for both primary and specialty care.
- Follow-up visits that can be conducted through secure video conferencing, ensuring continuity of care.
- Remote monitoring tools that allow healthcare providers to track patient progress and intervene early if issues arise.
- Integration of telehealth services for chronic disease management and preventive care.
3. Healthcare Analytics:
Elevance Health employs cutting-edge analytics to streamline healthcare delivery and enhance patient outcomes. This segment involves:
- Utilizing machine learning and predictive analytics to identify at-risk populations and tailor interventions.
- Implementing data-driven models to optimize care pathways and minimize hospital readmissions.
- Offering healthcare organizations analytics services that include performance metrics and benchmarking against industry standards.
- Collaboration with healthcare providers to ensure the integration of evidence-based practices into clinical settings.
Products
1. Elevance Health App:
A user-friendly mobile application that centralizes access to a variety of health services, including:
- Telemedicine features that allow users to book appointments and conduct virtual visits seamlessly.
- Tools for medication management, including reminders and refill management.
- Access to mental health resources, including chat support with licensed therapists.
2. Wellness Programs:
Designed to promote preventive care and healthy lifestyles, these programs include:
- Comprehensive health screenings to identify risk factors.
- Engaging wellness challenges that promote fitness and social interaction among participants.
- Nutrition coaching programs that provide personalized dietary plans and lifestyle adjustments.
- Smoking cessation initiatives to assist individuals in quitting tobacco and improving their overall health.
3. Health Coaching:
Elevance Healths health coaching services deliver personalized support aiming to inspire individuals to achieve their health goals. Components include:
- One-on-one coaching sessions that focus on personalized action plans for improved nutrition, physical activity, mental health, and lifestyle changes.
- Group workshops and webinars that cover relevant health topics and encourage community participation.
Services
1. Chronic Disease Management:
Elevance Health’s robust solutions for chronic disease management involve:
- Comprehensive care management programs that focus on conditions like diabetes, heart disease, and COPD.
- Regular check-ins and patient education to promote adherence to medication and treatment plans.
- Remote monitoring services that enable timely interventions based on real-time data.
2. Mental Health Counseling:
This service provides individuals with critical support for various mental health conditions. Services include:
- Access to a network of licensed therapists who specialize in different therapeutic techniques.
- Flexible session options, including in-person and virtual counseling.
- Integration of mental health screenings and assessments to tailor approaches to individual needs.
3. Employee Wellness Programs:
Elevance Health collaborates with businesses to enhance employee health and productivity through:
- Holistic wellness strategies that engage employees in healthy practices.
- Health screenings, wellness workshops, and educational resources designed to build a culture of health.
- Customized telemedicine resources that provide immediate access to care, reducing employee absenteeism and enhancing workplace morale.
In summary, Elevance Health Inc. offers a diverse array of segments, products, and services designed to meet the evolving health and wellness needs of individuals, healthcare organizations, and businesses. By integrating digital technology with evidence-based practices, Elevance Health fosters a patient-centered approach that aims to enhance health outcomes, streamline healthcare delivery, and promote overall well-being.