Discontinued — last reported Q4 '22

Business Segments · Restructuring Reserve

Commercial & Specialty Business Segment — Restructuring Reserve

Elevance Health Commercial & Specialty Business Segment — Restructuring Reserve decreased by 8.9% to $41.00M in Q4 2022 compared to the prior quarter.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ4 2022

How to read this metric

An increase suggests upcoming restructuring activity, while a decrease indicates that the company is utilizing its reserves to pay for completed actions.

Detailed definition

This represents the liability balance set aside for planned restructuring activities within the Commercial and Specialty...

Peer comparison

Comparable to 'restructuring liabilities' found on the balance sheets of diversified healthcare peers.

Metric ID: elv_segment_commercial_and_specialty_business_restructuring_reserve

Historical Data

4 periods
 Q4 '21Q2 '22Q3 '22Q4 '22
Value$61.00M$51.00M$45.00M$41.00M
QoQ Change-16.4%-11.8%-8.9%
YoY Change-32.8%
Range$41.00M$61.00M
Avg YoY Growth-32.8%
Median YoY Growth-32.8%
Current Streak3+ quarters decline

Frequently Asked Questions

What is Elevance Health's commercial & specialty business segment — restructuring reserve?
Elevance Health (ELV) reported commercial & specialty business segment — restructuring reserve of $41.00M in Q4 2022.
What does commercial & specialty business segment — restructuring reserve mean?
The amount of money set aside to cover future costs of restructuring the Commercial and Specialty business.