Discontinued — last reported Q4 '23
Business Segments · Service fees
CarelonRx Segment — Service fees
Elevance Health CarelonRx Segment — Service fees decreased by 50.0% to $2.00M in Q4 2023 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2020
Last reportedQ4 2023
Rolls up toMembership and other income
How to read this metric
An increase suggests growth in high-margin service-based contracts and administrative business lines.
Detailed definition
This represents revenue earned by the CarelonRx segment for providing administrative, clinical, or management services r...
Peer comparison
Commonly reported as 'Service Revenue' or 'Administrative Fees' in healthcare services companies.
Metric ID:
elv_segment_carelonrx_segment_service_feesHistorical Data
11 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.00M | $2.00M |
| QoQ Change | — | — | — | — | — | — | — | — | — | — | -50.0% |
Range$0.00 – $4.00M
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Elevance Health's carelonrx segment — service fees?
- Elevance Health (ELV) reported carelonrx segment — service fees of $2.00M in Q4 2023.
- What does carelonrx segment — service fees mean?
- Revenue earned from providing professional services rather than selling physical products.