Elevance Health Files 2023 10-K, Details Financials

Ticker: ELV · Form: 10-K · Filed: 2024-02-21T00:00:00.000Z

Sentiment: neutral

Topics: earnings, annual-report, healthcare, regulatory-filing

TL;DR

**Elevance Health's 2023 10-K is out, giving a full financial picture for the year ending December 31, 2023.**

AI Summary

Elevance Health, Inc. filed its 10-K on February 21, 2024, for the fiscal year ended December 31, 2023. The company, formerly known as Anthem, Inc. and WELLPOINT, INC., is headquartered in Indianapolis, IN, and operates under the SIC code 6324 (Hospital & Medical Service Plans). This filing provides an annual overview of their financial performance and operational status.

Why It Matters

This filing provides a comprehensive look into the financial health and operational performance of one of the largest health insurance providers, impacting millions of members and the broader healthcare market.

Risk Assessment

Risk Level: medium — As a major healthcare provider, Elevance Health faces significant regulatory, market, and operational risks inherent in the industry, which are typically detailed in a 10-K.

Key Numbers

Key Players & Entities

FAQ

What was the conformed period of report for this Elevance Health, Inc. 10-K filing?

The conformed period of report for this Elevance Health, Inc. 10-K filing was December 31, 2023.

When was this 10-K filing submitted to the SEC?

This 10-K filing was submitted to the SEC on February 21, 2024.

What was Elevance Health, Inc.'s former company name before Anthem, Inc.?

Elevance Health, Inc.'s former company name before Anthem, Inc. was WELLPOINT, INC, with a name change on January 5, 2010.

What is the Standard Industrial Classification (SIC) for Elevance Health, Inc.?

Elevance Health, Inc.'s Standard Industrial Classification (SIC) is 6324, which corresponds to Hospital & Medical Service Plans.

Where is Elevance Health, Inc.'s business address located?

Elevance Health, Inc.'s business address is 220 Virginia Avenue, Indianapolis, IN 46204.

From the Filing

0001156039-24-000015.txt : 20240221 0001156039-24-000015.hdr.sgml : 20240221 20240221163031 ACCESSION NUMBER: 0001156039-24-000015 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 160 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240221 DATE AS OF CHANGE: 20240221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Elevance Health, Inc. CENTRAL INDEX KEY: 0001156039 STANDARD INDUSTRIAL CLASSIFICATION: HOSPITAL & MEDICAL SERVICE PLANS [6324] ORGANIZATION NAME: 02 Finance IRS NUMBER: 352145715 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16751 FILM NUMBER: 24660091 BUSINESS ADDRESS: STREET 1: 220 VIRGINIA AVENUE CITY: INDIANAPOLIS STATE: IN ZIP: 46204 BUSINESS PHONE: 8003311476 MAIL ADDRESS: STREET 1: 220 VIRGINIA AVENUE CITY: INDIANAPOLIS STATE: IN ZIP: 46204 FORMER COMPANY: FORMER CONFORMED NAME: Anthem, Inc. DATE OF NAME CHANGE: 20141202 FORMER COMPANY: FORMER CONFORMED NAME: WELLPOINT, INC DATE OF NAME CHANGE: 20100105 FORMER COMPANY: FORMER CONFORMED NAME: WELLPOINT INC DATE OF NAME CHANGE: 20041130 10-K 1 elv-20231231.htm 10-K elv-20231231 false 2023 FY 0001156039 12/31 http://fasb.org/us-gaap/2023#AccountingStandardsUpdate202006Member P15Y P3Y http://fasb.org/us-gaap/2023#StraightLineDepreciationMethodMember P3Y http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments http://fasb.org/us-gaap/2023#OtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments http://www.elevancehealth.com/20231231#NetLossesGainsOnFinancialInstruments 01/01/2032 12/31/2042 01/01/2024 12/31/2042 http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense 2 7 http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent 364 0001156039 2023-01-01 2023-12-31 0001156039 2023-06-30 iso4217:USD 0001156039 2024-02-01 xbrli:shares 0001156039 2023-12-31 0001156039 2022-12-31 iso4217:USD xbrli:shares 0001156039 2022-01-01 2022-12-31 0001156039 2021-01-01 2021-12-31 0001156039 2021-12-31 0001156039 2020-

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