Discontinued — last reported Q3 '22
Segment Eliminations — Insurance Services Revenue
Elevance Health Segment Eliminations — Insurance Services Revenue increased by 3.6% to -$6.05B in Q3 2022 compared to the prior quarter. Year-over-year, this metric declined by 16.6%, from -$5.19B to -$6.05B.
Analysis
How to read this metric
An increase in the magnitude of negative eliminations typically signals higher levels of intercompany activity or service integration between business segments. Because this is a reconciliation item, it does not represent actual operational performance or external market growth.
Detailed definition
This metric represents the accounting adjustments required to remove intercompany transactions and balances between the...
Peer comparison
Most large, diversified healthcare organizations report similar intersegment elimination lines to reconcile internal service charges and intercompany premiums.
elv_segment_segment_eliminations_insurance_services_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|---|
| Value | -$5.07B | -$5.19B | -$5.29B | -$6.05B | -$6.28B | -$6.05B |
| QoQ Change | — | -2.3% | -1.9% | -14.2% | -3.9% | +3.6% |
| YoY Change | — | — | — | — | -23.9% | -16.6% |
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Frequently Asked Questions
- What is Elevance Health's segment eliminations — insurance services revenue?
- Elevance Health (ELV) reported segment eliminations — insurance services revenue of -$6.05B in Q3 2022.
- How has Elevance Health's segment eliminations — insurance services revenue changed year-over-year?
- Elevance Health's segment eliminations — insurance services revenue decreased by 16.6% year-over-year, from -$5.19B to -$6.05B.
- What does segment eliminations — insurance services revenue mean?
- This represents the accounting adjustments used to remove internal transactions between business units so that only external revenue is reported.