Discontinued — last reported Q4 '23
Carelon Total — Service fees
Elevance Health Carelon Total — Service fees increased by 5.5% to $211.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 0.5%, from $212.00M to $211.00M. Over 2 years (FY 2021 to FY 2023), Carelon Total — Service fees shows relatively stable performance with a -1.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong demand for the segment's consulting and administrative expertise, while a decrease may indicate a shift in client preference or contract renewals.
Detailed definition
This metric measures the revenue generated from providing professional services, administrative support, and consulting...
Peer comparison
Comparable to administrative services only (ASO) fees or professional service revenue in healthcare consulting and management firms.
elv_segment_carelon_total_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 | $200.00M | $211.00M |
| QoQ Change | — | +0.0% | +0.0% | +7.4% | -2.7% | +1.8% | -5.4% | -2.4% | -2.9% | -0.5% | +5.5% |
| YoY Change | — | — | — | — | +4.5% | +6.4% | +0.7% | -8.4% | -8.6% | -10.7% | -0.5% |
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Frequently Asked Questions
- What is Elevance Health's carelon total — service fees?
- Elevance Health (ELV) reported carelon total — service fees of $211.00M in Q4 2023.
- How has Elevance Health's carelon total — service fees changed year-over-year?
- Elevance Health's carelon total — service fees decreased by 0.5% year-over-year, from $212.00M to $211.00M.
- What is the long-term trend for Elevance Health's carelon total — service fees?
- Over 2 years (2021 to 2023), Elevance Health's carelon total — service fees has grown at a -1.4% compound annual growth rate (CAGR), from $842.00M to $819.00M.
- What does carelon total — service fees mean?
- Revenue earned from providing professional health services and administrative support.