Discontinued — last reported Q4 '23
Business Segments · Restructuring Reserve
Health Benefits Segment — Restructuring Reserve
Elevance Health Health Benefits Segment — Restructuring Reserve decreased by 50.0% to $8.00M in Q4 2023 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 2023
Rolls up toRestructuring Reserve
How to read this metric
A higher reserve indicates significant upcoming organizational changes, while a lower reserve suggests the conclusion of restructuring efforts.
Detailed definition
The balance of accrued liabilities set aside to cover future costs associated with organizational restructuring activiti...
Peer comparison
Commonly tracked as a liability item in the financial notes of large healthcare organizations undergoing transformation.
Metric ID:
elv_segment_health_benefits_segment_restructuring_reserveHistorical Data
4 periods
| Q4 '21 | Q4 '22 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|
| Value | $118.00M | $80.00M | $16.00M | $8.00M |
| QoQ Change | — | -32.2% | -80.0% | -50.0% |
| YoY Change | — | -32.2% | — | -90.0% |
Range$8.00M – $118.00M
Avg YoY Growth-61.1%
Median YoY Growth-61.1%
Current Streak3+ quarters decline
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Frequently Asked Questions
- What is Elevance Health's health benefits segment — restructuring reserve?
- Elevance Health (ELV) reported health benefits segment — restructuring reserve of $8.00M in Q4 2023.
- What does health benefits segment — restructuring reserve mean?
- The amount of money set aside to pay for future restructuring activities.