Elevance Health Org Chart & Sales Intelligence Blog
Elevance Health, Inc. operates as a health benefits corporation. It supports consumers, families, and communities throughout the entire care journey by connecting them with the care, support, and resources they need to live healthier lives. It serves about 118 million people across its portfolio of care solutions in medicine, digital, pharmacy, behavioral, clinical, and health.
The company was previously known as Anthem, Inc., and has changed its name to Elevance Health, Inc. Anthem was founded in 1944 and is headquartered in Indianapolis, Indiana. Prior to June 2022, Elevance Health was known as Anthem, Inc.
Elevance Health Inc.
220 Virginia Avenue
Indianapolis, IN 46204
Main Phone: (800) 331-1476
Email Pattern: [firstname].[lastname]@elevancehealth.com
Linkedin | Twitter
Industry Sector: Healthcare - Healthcare Plans
Full Time Employees: 98,200
CEO: Gail Koziara Boudreaux, President, CEO & Director
2022 Fortune 500 Rank is 22
Elevance Org Chart in 2022
Gail K. Boudreaux
President and Chief Executive Officer, Elevance Health
John E. Gallina
Executive Vice President and Chief Financial Officer, Elevance Health
Peter D. Haytaian
Executive Vice President, Elevance Health and President, Carelon
Executive Vice President, Elevance Health and President, Commercial & Specialty Business Division
Executive Vice President and Chief Administrative Officer, Elevance Health
Felicia F. Norwood
Executive Vice President, Elevance Health and President, Government Business Division
Executive Vice President and Chief Legal Officer, Elevance Health
Dr. Shantanu Agrawal
Chief Health Officer, Elevance Health
Chief Marketing Officer, Elevance Health
Dr. Darrell Gray, II
Chief Health Equity Officer, Elevance Health
Chief Sustainability Officer, Elevance Health
President, Carelon Digital Platforms
Chief Strategy Officer, Elevance Health
President, Health Solutions, Elevance Health
Elizabeth E. Tallett
Chair of the Board, Elevance Health, Inc.
Gail K. Boudreaux
President and Chief Executive Officer, Elevance Health, Inc.
R. Kerry Clark
Former Chairman and Chief Executive Officer, Cardinal Health, Inc.
Susan D. DeVore
Former Chief Executive Officer, Premier, Inc.
Robert L. Dixon, Jr.
Former Global Chief Information Officer and Senior Vice President, PepsiCo, Inc.
Lewis Hay III
Former Chairman and Chief Executive Officer, NextEra Energy, Inc.
Chief Executive Officer, Immunocore Limited
Antonio F. Neri
President and Chief Executive Officer, Hewlett Packard Enterprise
Ramiro G. Peru
Former Executive Vice President and Chief Financial Officer, Phelps Dodge Corporation
Ryan M. Schneider
Chief Executive Officer and President, Anywhere Real Estate Inc.
Deanna D. Strable
Executive Vice President and Chief Financial Officer, Principal Financial Group
Elevance Board of Directors
Why did Anthem rebrand as Elevance?
A bold new vision for the future of health. They chose the name Elevance Health to better reflect their business as they elevate the importance of whole health and advance health beyond healthcare for consumers, their families, and their shared communities.
Who is the CEO at Elevance Health?
Gail C. Boudreaux is the Chairman & CEO of Elevance Health, a Fortune 50 company and leading provider of healthcare benefits serving over 40 million consumers through its affiliated health plans. In all, Elevance Health serves more than 78 million individuals in 27 states across its wide-ranging health insurance and services subsidiaries.
During her three-plus decades in health care, Ms. Boudreaux has built a distinguished track record of success leading billion-dollar businesses. As the former CEO of United Healthcare, Ms. Boudreaux led UnitedHealth Groups largest operating unit, where she was responsible for approximately $120 billion in revenues and managed more than 60,000 employees serving 45 million consumers. Prior to United Healthcare, Ms. Boudreaux served as Executive Vice President, Healthcare Services Corporation, and previously served as Chairman, Blue Cross/Blue Shield of Illinois. Ms. Boudreaux is currently on the Board of Directors for Zimmer Biomet Holdings.
Gail Boudreaux on Linkedin
Elevance Annual Report (10-K) Highlights
At Anthem, our purpose – to improve the health of humanity – is central to who we are. It inspires all we do and is the driving force behind our unique approach tohealth. We know to meaningfully improve health we must take a broader view. That is why our foundational approach looks at whole health and its most criticaldrivers: social, behavioral and physical. We believe in working together to achieve our goals of improving lives and communities, simplifying healthcare and expectingmore. We strive to accomplish these goals through a collaborative focus on execution and delivering for those we serve in order to become a lifetime, trusted healthpartner. With an unyielding commitment to meeting the needs of our diverse customers, we are guided by the following values: • Leadership – Redefine what is possible
- Community – Committed, connected, invested
- Integrity – Do the right thing, with a spirit of excellence
- Agility – Delivery today, transform tomorrow
- Diversity – Open your hearts and minds
In pursuing our strategy and becoming a lifetime, trusted health partner, we intend to transform healthcare by taking a whole health approach and providing trustedand caring solutions, delivering quality products and services that give customers access to the care they need and removing barriers to health.
Our strategy has been, and will continue to be, to only participate in rating regions where we have an appropriate level of confidence that these markets are on a path toward sustainability, including, but not limited to, factors such as expected financial performance, regulatory environment, and underlying market characteristics.
We have built a significant portion of our current business through mergers and acquisitions, joint ventures, strategic alliances and investments, and we expect topursue such opportunities in the future.
Elevance Health Annual Report
Elevance Health Strategy Update
|Fiscal Year Ends||December 31, 2022|
|Most Recent Quarter||September 29, 2022|
|Return on Assets||5.64%|
|Return on Equity||17.21%|
|Revenue Per Share||636.03|
|Quarterly Revenue Growth||11.50%|
|Net Income Avi to Common||6.21B|
|Quarterly Earnings Growth||7.20%|
|Total Cash Per Share||150.32|
|Book Value Per Share||150.61|
Cash Flow Statement
|Operating Cash Flow||11.59B|
|Levered Free Cash Flow||10.04B|
Elevance Proxy Statement Excerpts
Excerpts from the Letter from the CEO
“Anthem’s purpose to improve the health of humanity is rooted in our fundamental belief that people are only as healthy as the communities they live in, and we recognize our important role in ensuring everyone has the opportunity to be and stay healthy.”
Gail K. Boudreaux
President and Chief Executive Officer
Last year’s targeted investments served to enhance the customer experience, deliver innovative, customized whole health solutions and deepen digital engagement while rapidly scaling our diversified health services. Our 2021 performance demonstrates this clear focus, and our consistent strategy is helping unlock Anthem's full potential. Year-over-year ("YOY") operating revenue increased by 13% to $136.9 billion, income before income tax expense increased by 27% to $7.9 billion and operating gain increased by 18% to $7.5 billion.
As demonstrated by steps we have taken to achieve our strategy, make whole health a reality for our consumers and communities, and deliver growth for our shareholders, we are transforming as an organization.
Executive Compensation Metrics
Elevance Health (Anthem) Proxy Statement
Elevance ESG Report Excerpts
Elevance Health ESG Materiality
Sustainability reporting helps organizations set goals, measure performance and manage change in order to have the greatest impact and make their operations more economically, environmentally and socially responsible.
To better understand which issues are most important to our internal and external stakeholders, we follow an ongoing assessment process, which includes:
- Measurement against sector environmental, social and governance (ESG) performance benchmarks, including the SAM Corporate Sustainability Assessment
- Review of the United Nations Global Compact Principles and Sustainable Development
- Review of data points, guidance and feedback from third-party ESG rating agencies and reporting frameworks, including the Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative (GRI)
- Review of data points from the JUST 100 survey, which is informed by public opinion research—a critical resource, given that Anthem serves more than 118 million people
- Direct engagement with the stakeholder groups listed at right
Significant Topics Covered in the ESG Report
Elevance Health - Purpose, Mission, Strategy and Values
Elevance Health Inc. (ELV) Q3 2022 Earnings Call Highlights
Oct 19, 2022
Elevance Health Executive in Attendance
- Steve Tanal, VP, Investor Relations
- Gail Boudreaux, President and CEO
- John Gallina, EVP & CFO
Comments from Gail Boudreaux, President and CEO
"we are pleased to report ongoing, broad-based momentum across Elevance Health, a testament to our integrated and personalized whole health approach to addressing the physical, behavioral, and social needs of our members and communities. Our focused efforts and investments in these areas are resonating with employers and state partners, driving strong organic membership growth in our commercial and government health benefit businesses, as well as rapid growth for Carelon and IngenioRx. While our business trends remain strong, we are mindful of the inflationary pressure and general uncertainty in the economic environment and are focused on delivering affordability and value for customers and consumers in all of our businesses."
"In addition to advocacy solutions, our integrated digital offerings are also gaining momentum. Sydney Health, the digital front door for our members health needs, continues to rapidly expand the number of registered users and is now hosting more than 6 million visits every month."
"Our enterprisewide focus on health equity remains central to our strategy and continues to guide our business decisions and targeted investments."
Comments from John Gallina, EVP & CFO
"We are pleased to have delivered another quarter of double-digit growth in revenue, operating income, and adjusted earnings per share, driven by the disciplined execution of our strategy and ongoing growth of health benefits and services businesses, progressing us further down our path of transforming from a health benefits company to a lifetime trusted partner in health. We ended the third quarter with 47.3 million members, growing 2.2 million, or nearly 5% year over year, including growth of 232,000 members in the third quarter."
"Our services businesses, Carelon and IngenioRx, produced very strong growth as we continue to execute against our long-term growth strategy. IngenioRx grew revenue 11% year over year, while the other segment, comprised primarily of Carelon, grew operating revenue 26%."
Recent Elevance Health News and Sales Trigger Events
Elevance Health to Acquire BioPlus
November 9, 2022
Elevance Health (NYSE: ELV) announced that it has entered into an agreement with CarepathRx, a portfolio company of Nautic Partners, to acquire BioPlus, a comprehensive specialty pharmacy. BioPlus provides a complete range of specialty pharmacy services for patients living with complex and chronic conditions, such as cancer, multiple sclerosis, hepatitis C, autoimmune diseases, and rheumatology. This acquisition will help Elevance Health meet the specialty drug needs of its clients and customers with a whole-health approach, supported by integrated programs across Elevance Health and Carelon, Elevance Health’s healthcare services brand.
Elevance Health Board Welcomes Deanna Strable as New Director
The Board of Directors of Elevance Health (NYSE: ELV) announced that Deanna Strable will be joining the Board. She will serve on the Audit and Governance Committees.
With a career spanning more than three decades at a Fortune 500 global financial services company, Ms. Strable currently serves as the executive vice president and chief financial officer (CFO) for Principal Financial Group®. In her current position, she is responsible for the financial integrity and growth strategy of a Fortune 500 company, helping more than 50 million global customers make progress on their journey toward greater financial security.
Elevance Health announces its affiliates will offer affordable Medicare Advantage plans with comprehensive benefits and a simplified customer experience during Annual Enrollment Period
October 8, 2022
Elevance Health (NYSE: ELV) announced today that its affiliated health plans will offer $0 premium Medicare Advantage plans with supplemental benefits to address social drivers of health to nearly 33 million Medicare-eligible consumers across the country.
“With inflation higher than it’s been in decades, seniors and other Medicare eligible individuals are searching for a benefits plan that provides the greatest value,” said Elena McFann, president of Medicare for Elevance Health. “Three-quarters of our affiliated health plans for 2023 have a zero-dollar premium and no co-pay for visits to a primary care physician. In addition to their affordability, our affiliated Medicare Advantage plans take a holistic view of health and contain extra benefits designed to enhance our members’ quality of life.”
Choosing the right Medicare Advantage plan is more complicated than ever. In some parts of the country, consumers are faced with dozens of plan options.
Elevance Health and Aledade Partner to Advance Value-Based Care Nationwide
August 2, 2022
Elevance Health (NYSE: ELV), one of the nation’s leading health companies, and Aledade, an innovative primary care physician enablement company, today announced a partnership that will help enhance the consumer experience and health outcomes for those seeking services from independent primary care practices. The partnership centers on assisting independent primary care physicians across the country transition to value-based care, which is proven to improve health outcomes and lower costs for consumers.
Independent primary care providers participating in Elevance Health’s affiliated plans’ networks – which serve 47 million members – now have the opportunity to access Aledade’s unique suite of technology and local, in-person services. These offerings give independent primary care practices the enhanced tools, support, and resources they need to make the transition to value while delivering the best care to their patients.
Elevance Health Rings in Rebrand with NYSE Opening Bell
June 28, 2022
President and CEO Gail K. Boudreaux celebrates Elevance Health’s official rebranding with the ringing of the opening bell at the New York Stock Exchange. Joining Boudreaux are members of the board of directors and the company’s senior leadership team. The company will now trade under the ticker symbol “ELV.”
Watch on YouTube
Anthem Announces Subsidiary Brands Under Elevance Health
June 15, 2022
As Anthem, Inc. (ANTM) moves closer to rebranding to Elevance Health, Inc. later this month, the company today announced the launch of healthcare services brand Carelon and health plan brand Wellpoint to join the company’s family of brands that includes Anthem Blue Cross and Blue Shield. The move will optimize and streamline the company’s brand portfolio, reduce complexities, and further underscore its evolution to deliver solutions beyond traditional health insurance, simplify the healthcare experience, and advance health beyond healthcare.
Anthem, Inc. Aims to Enhance Maternal Health with New Digital-First Solution
June 7, 2022
Anthem partners with Happify Health to bring innovative digital health services to areas of women’s health including pregnancy, menopause, and more
Anthem, Inc. (NYSE: ANTM), a leading health company dedicated to improving lives and communities, will add to its ongoing support of the whole health of women with the addition of a new a digital-first solution in select markets. This program, a collaboration between Anthem – soon to be Elevance Health on June 28 – and Happify Health, bridges the gap between the unique physical and mental health concerns women face. It is part of Anthem’s early and consistent support of women throughout the entirety of their maternal health journey with solutions such as ongoing education, case management, and care coordination.
Anthem, Inc. Completes Acquisition of MMM Holdings, LLC and Affiliates From InnovaCare Health, L.P.
June 30, 2021
Anthem, Inc. (NYSE: ANTM) today announced the completion of the acquisition of Puerto Rico-based MMM Holdings, LLC and its Medicare Advantage (MA) plan MMM Healthcare, LLC. as well as affiliated companies and Medicaid plan. Anthem acquired MMM from InnovaCare Health, L.P., a leading integrated, value-based payor and provider service organization.
With our vision to be an innovative, valuable and inclusive healthcare partner we remain committed to enhancing their healthcare experience by providing services that drive greater value and meet their diverse needs,” said Gail K. Boudreaux, President and CEO, Anthem, Inc.
With more than 275,000 MA members and over 314,000 Medicaid members, MMM is the ninth-largest MA plan in the country and Puerto Rico’s second-largest Medicaid plan. MMM is the island’s largest MA plan and one of the fastest-growing vertically integrated healthcare organizations in the United States.
Anthem, Inc. Completes Acquisition of myNEXUS Home Health Benefits Manager
April 29, 2021
Anthem, Inc. (NYSE: ANTM) announced that it has completed its acquisition of myNEXUS, Inc. (“myNEXUS”), a comprehensive home-based nursing management company for payors. myNEXUS delivers integrated clinical support services for approximately 1.7 million Medicare Advantage members across 20 states. myNEXUS will operate as a wholly-owned subsidiary of Anthem and its associates will join Anthem’s Diversified Business Group. Financial terms of the transaction were not disclosed. The company’s 2021 EPS guidance remains unchanged. Anthem’s legal advisors are White & Case LLP and Faegre, Biddle, Drinker & Reath LLP. Latham & Watkins LLP and Waller Lansden Dortch & Davis, LLP are acting as legal advisors for myNEXUS.
Elevance Health Contact Information
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