- Elevance Health, headquartered in Indianapolis, Indiana, is a leading health insurance provider, reporting $197.6 billion in operating revenue for FY 2025 and focusing on affordability and access in healthcare.
- In January 2026, Elevance Health projected a low single-digit decline in operating revenue for 2026, citing elevated medical costs and changes in Medicaid enrollment as significant challenges.
- The company serves a diverse membership across commercial, Medicaid, and Medicare plans, and returned $4.1 billion in capital to shareholders in 2025, indicating strong financial management despite market pressures.
- Elevance Health's ideal buyers include government programs and large employers seeking comprehensive health insurance solutions, as the company aims to address rising healthcare costs and improve member access to services.
Elevance Health operates with a diverse departmental structure comprising 18 distinct areas. The largest department, Operations, employs 1,992 individuals, followed closely by Information Technology with 1,337 staff members and Health Services at 1,072. This distribution indicates a strong emphasis on operational efficiency and technology integration, essential for a leading health care insurance provider. The presence of specialized departments such as Community and Social Services and Engineering further reflects the company's commitment to holistic health solutions and innovation.
The workforce is geographically distributed across 730 locations, with a significant concentration in Indianapolis, IN, housing 1,134 employees. Other notable locations include Atlanta, GA, with 387 employees, and Norfolk, VA, with 252. The large category labeled 'Other' accounts for 4,358 staff, suggesting a robust remote or distributed workforce model that supports operational flexibility and regional service delivery. This geographic spread enhances the company's ability to serve diverse markets effectively.