Discontinued — last reported Q4 '23
Carelon Services Segment — Service fees
Elevance Health Carelon Services Segment — Service fees increased by 6.6% to $209.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 1.4%, from $212.00M to $209.00M. Over 2 years (FY 2021 to FY 2023), Carelon Services Segment — Service fees shows relatively stable performance with a -1.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Increasing service fees indicate strong demand for the segment's professional and administrative service offerings.
Detailed definition
Revenue derived from providing professional services, administrative support, or consulting within the Carelon Services...
Peer comparison
Similar to 'Service Revenue' or 'Fee-for-Service Income' in healthcare services companies.
elv_segment_carelon_services_segment_service_feesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $210.50M | $210.50M | $210.50M | $226.00M | $220.00M | $224.00M | $212.00M | $207.00M | $201.00M | $196.00M | $209.00M |
| QoQ Change | — | +0.0% | +0.0% | +7.4% | -2.7% | +1.8% | -5.4% | -2.4% | -2.9% | -2.5% | +6.6% |
| YoY Change | — | — | — | — | +4.5% | +6.4% | +0.7% | -8.4% | -8.6% | -12.5% | -1.4% |
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Frequently Asked Questions
- What is Elevance Health's carelon services segment — service fees?
- Elevance Health (ELV) reported carelon services segment — service fees of $209.00M in Q4 2023.
- How has Elevance Health's carelon services segment — service fees changed year-over-year?
- Elevance Health's carelon services segment — service fees decreased by 1.4% year-over-year, from $212.00M to $209.00M.
- What is the long-term trend for Elevance Health's carelon services segment — service fees?
- Over 2 years (2021 to 2023), Elevance Health's carelon services segment — service fees has grown at a -1.7% compound annual growth rate (CAGR), from $842.00M to $813.00M.
- What does carelon services segment — service fees mean?
- Revenue earned from providing services rather than selling physical products in the Carelon Services segment.