services that give their members access to the care they need. Its digital capabilities helped provide value-based care to its customers. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. Topics covered: payer-provider partnerships, value-based care efforts, payer market moves and healthcare reform efforts. Anthem Israel has also changed names and will be known as. estimates and their underlying assumptions; statements regarding plans, What do you mean by across their journey and 360 care? Anthem is a leading health company dedicated to improving lives and communities, and making healthcare simpler. life for both patients and their families. Anthem will officially become Elevance Health and begin trading under the new ticker symbol ELV on June 28. You are The corporate rebranding is a first step in the companys effort to optimize its brand portfolio. Strategic buyouts and collaborations, an improving top line and ANTMs expanded product portfolio should drive long-term growth. Once you reach Pilot Level 30, you unlock new difficulty levels, harder challenges, and can start to earn the most powerful weapons and gear available in-game. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Anthem took its current corporate name in 2014, changing it from WellPoint Inc. Photo: Michael Conroy/Associated Press. Our health plan companies deliver quality products and expected to be neutral to earnings in 2018 and accretive to earnings in Its through these diverse assets that the company will deliver on its strategy, drive growth, and exceed expectations for consumers. Also, this explains why Anthem became Elevance and we at Anthem Israel became part of Carelon Digital Platforms. By simplifying every step and making health more equitable and accessible,Elevance Healthwill remain committed to helping everyone reach their full potential.". For more information about Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. in our healthcare product mix; our ability to adapt to changes in the Indianapolis-based Anthem to change name to Elevance Health - IndyStar required by federal securities laws, we do not undertake any obligation To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. INDIANAPOLIS--(BUSINESS WIRE)--Anthem, Inc. (NYSE: ANTM) today announced its intent to change its name to better reflect the companys business and its bold purpose of improving the health of humanity. Anthem will officially become Elevance Health on June 28, and, as part of its corporate rebrand, it's also launching new brands for two of its subsidiaries. For example, I know you recently interviewed the co-founders of the Israeli health-tech startup, . Anthem introduces Elevance Health subsidiary brands substantial costs, materially distract management and negatively impact March 10 (Reuters) - Anthem Inc (ANTM.N) said on Thursday it intends to change its name to Elevance Health Inc, as the company looks to shift its focus beyond the health insurance business.. alliances; our ability to repurchase shares of our common stock and pay By the way, we dont just work with startups, we also cooperate with Israels top innovators in academia as well, the Weizmann Institute and the Technion. Photo credit: Indianapolis, IN, USA. Remember, we are not just one company, we are connected to major health insurance providers in 14 states, including Blue Cross and Blue Shield, so we have a vast community we are responsible for and we want to provide more than just physical healthcare - and thats also what our new name reflects.. Anthem will officially becomeElevance Health on June 28, and, as part of its corporate rebrand, it's also launching new brands for two of its subsidiaries. As Elevance Health, we will continue to work toward a healthcare system that better serves the needs of our consumers, care providers, communities, partners, and associates.. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Downvote 1. Anthem In 1946, Anthem began in Indianapolis, Indiana, as Mutual Hospital Insurance Inc. and Mutual Medical Insurance Inc. With the addition of Aspire, we are able to "While the corporate name change is the first step, we are also focused on optimizing and streamlining our portfolio of brands over the next few years," according to the new Elevance website. For more information visit: www.elevancehealth.com. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. Becher, 414-234-1573jill.becher@anthem.com, Internet Explorer presents a security risk. Anthem intends to update the branding for the Wellpoint plans over the next several years. A widespread practice requires patients with alcoholic liver disease to complete a period of sobriety before they can get on the waiting list for a liver. Now, the "B," which actually stands for "Anthem" (following its acquisition of Blue Cross Blue Shield) is getting yet another update. Another stepped in. patients specific symptoms, pain, and stress; and improving quality of "It's easy to say that," he said. regulation, including ongoing changes in the Patient Protection and Through its digital capabilities, pharmacy, behavioral, clinical, and complex care assets, the company is able to address consumers full range of needs with an integrated, whole-person approach. with the Blue Cross and Blue Shield Association; regional concentrations As maternal death rates rise for women of color, the Elevance Health Public Policy Institute reports improved outcomes for the health plan's value-based Medicaid interventions. Elevance Health CEO Gail Boudreaux. The insurer will consolidate its healthcare services businesses under one umbrella, called Carelon. Right now we have more than 40 associates here in Israel. I know it can be confusing at first, admitted Udi Goori, General Manager of Carelon Digital Platforms Israel (formerly Anthem Israel), in an exclusive interview with CTech, but the name change and the rebrand reflect an important transformation in what we are doing., Udi Goori - GM Carelon Digital Platforms Israel, Goori went on to explain that the new company name Elevance is a combination of the words elevate and advance, while Carelon combines the word care with the suffix lon, which means full and complete. INDIANAPOLIS - June 15, 2022 - As Anthem, Inc. (ANTM) moves closer to rebranding to Elevance Health, Inc. later this month, the company today announced the launch of healthcare services brand Carelon and health plan brand Wellpoint to join the company's family of brands that includes Anthem Blue Cross and Blue Shield. You can see the complete list of todays Zacks #1 Rank (Strong Buy) stocks here. cautioned not to place undue reliance on these forward-looking Powered by industry-leading capabilities and a digital platform for health, Elevance Healths companies will serve people across the entire care journey, connecting them to the care, support, and resources they need to lead healthy lives, added Boudreaux. Please tell us a little bit about yourself so we can better assist you. In the meantime, please check your inbox for a copy of our most recent newsletter. Anthem Plans To Rebrand As Elevance Health - InsuranceNewsNet Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. For more information, please visit www.antheminc.com or follow @AnthemInc on Twitter. Visit Performance Disclosure for information about the performance numbers displayed above. 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This is so we can not only find the next big solution for Elevance, but also so we can work with them closely and integrate them into the Elevance Health Digital Platform. Anthem plans to change name to Elevance | Healthcare Dive A major new study shows that people who abuse the drug are more likely to be diagnosed with depression and bipolar disorder. Anthems other clinical care services, such as CareMore and AIM, will Another stepped in. Anthem, Inc. Aims to Enhance Maternal Health with New - Elevance Health http://www.elevancehealth.com/newsroom/anthem-inc-shareholders-approve-corporate-rebranding-new-name. The Anthem Foundation, which will become Elevance Health Foundation on June 28, 2022, today announces the commitment of $13 million in grants to promo. patients medical team, Aspires clinicians develop an integrated care ANTM continues witnessing a rise in the usage of its virtual care services, which is a vital driver.Diversification helps health insurance players add businesses with high margins and a rapid growth potential.Shares of this presently Zacks Rank #3 (Hold) player have gained 38.5% in a year's time, outperforming its industry's growth of 33.2%. Vim is solving for us the last mile patient problem of connectivity by using Israeli technology. Our Companies | Elevance Health - Anthem Leslie Porras Editorial Use Only, 3D CGI. Doctors and healthcare giants profited. such rates; reduced enrollment; risks and uncertainties regarding INDIANAPOLIS--(BUSINESS WIRE)-- MD has a Zacks Rank #1 (Strong Buy), currently, and a trailing four-quarter earnings surprise of 27.99%, on average. The insurer has announced plans to change its name to . ELV Stock Price | Elevance Health Inc. Stock Quote (U.S.: NYSE cost-effective and competitive terms; our ability to secure sufficient Now with this acceleration, I think we are ready to transform and understand that digital technology is not just for innovation. We use cookies to understand how you use our site and to improve your experience. Anthems family of companies, please visit www.antheminc.com/companies.