Discontinued — last reported Q3 '23
Business Segments · Service fees
Corporate & Other Segment — Service fees
Elevance Health Corporate & Other Segment — Service fees increased by 187.2% to $34.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 88.9%, from $18.00M to $34.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ3 2023
Rolls up toMembership and other income
How to read this metric
Higher service fees indicate a growing reliance on stable, non-risk-based revenue streams.
Detailed definition
This represents income generated from administrative, consulting, or management services provided by the corporate segme...
Peer comparison
Commonly referred to as 'administrative service fees' or 'fee-for-service revenue' in the health insurance industry.
Metric ID:
elv_segment_corporate_other_segment_service_feesHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $17.00M | $17.00M | $17.00M | $10.00M | $9.00M | $18.00M | $14.00M | $55.00M | -$39.00M | $34.00M |
| QoQ Change | — | +0.0% | +0.0% | -41.2% | -10.0% | +100.0% | -22.2% | +292.9% | -170.9% | +187.2% |
| YoY Change | — | — | — | — | -47.1% | +5.9% | -17.6% | +450.0% | -533.3% | +88.9% |
Range-$39.00M – $55.00M
CAGR+36.1%
Avg YoY Growth-8.9%
Median YoY Growth-5.9%
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Frequently Asked Questions
- What is Elevance Health's corporate & other segment — service fees?
- Elevance Health (ELV) reported corporate & other segment — service fees of $34.00M in Q3 2023.
- How has Elevance Health's corporate & other segment — service fees changed year-over-year?
- Elevance Health's corporate & other segment — service fees increased by 88.9% year-over-year, from $18.00M to $34.00M.
- What does corporate & other segment — service fees mean?
- Revenue earned from providing services rather than selling insurance products.