Discontinued — last reported Q4 '22

Business Segments · Restructuring Reserve

Government Business Segment — Restructuring Reserve

Elevance Health Government Business Segment — Restructuring Reserve decreased by 9.3% to $39.00M in Q4 2022 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ4 2022

How to read this metric

A high reserve indicates significant upcoming organizational changes; a declining reserve suggests the completion of these initiatives.

Detailed definition

The balance of accrued liabilities set aside to cover future costs associated with formal restructuring plans within the...

Peer comparison

Comparable to 'Restructuring Liabilities' or 'Accrued Restructuring Costs' reported by diversified healthcare firms.

Metric ID: elv_segment_government_business_restructuring_reserve

Historical Data

4 periods
 Q4 '21Q2 '22Q3 '22Q4 '22
Value$57.00M$47.00M$43.00M$39.00M
QoQ Change-17.5%-8.5%-9.3%
YoY Change-31.6%
Range$39.00M$57.00M
Avg YoY Growth-31.6%
Median YoY Growth-31.6%
Current Streak3+ quarters decline

Frequently Asked Questions

What is Elevance Health's government business segment — restructuring reserve?
Elevance Health (ELV) reported government business segment — restructuring reserve of $39.00M in Q4 2022.
What does government business segment — restructuring reserve mean?
The amount of money set aside to pay for planned organizational changes in the government business.