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Discontinued — last reported Q4 '23

Business Segments · Payments for Restructuring

Health Benefits Segment — Payments for Restructuring

Elevance Health Health Benefits Segment — Payments for Restructuring decreased by 15.8% to $8M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 15.8%, from $9.5M to $8M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2023Feb 21, 2024

How to read this metric

High cash payments indicate active execution of restructuring plans, impacting short-term free cash flow.

Detailed definition

The actual cash outflow associated with the execution of restructuring plans, such as severance payments or lease exit c...

Peer comparison

Comparable to cash flow statement adjustments for restructuring payments at other large enterprises.

Metric ID: elv_segment_health_benefits_segment_payments_for_restructuring

Historical Data

5 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q4 '23
Value$9.5M$9.5M$9.5M$9.5M$8M
QoQ Change+0.0%+0.0%+0.0%-15.8%
YoY Change-15.8%
Range$8M$9.5M
CAGR-15.8%
Avg YoY Growth-15.8%
Median YoY Growth-15.8%

Frequently Asked Questions

What is Elevance Health's health benefits segment — payments for restructuring?
Elevance Health (ELV) reported health benefits segment — payments for restructuring of $8M in Q4 2023.
How has Elevance Health's health benefits segment — payments for restructuring changed year-over-year?
Elevance Health's health benefits segment — payments for restructuring decreased by 15.8% year-over-year, from $9.5M to $8M.
What does health benefits segment — payments for restructuring mean?
Actual cash spent on restructuring activities.