Elevance Health, Inc. ELV, one of the largest health insurers in the United States, has been actively expanding its focus toward value-based care. This move indicates that the company visualizes the future of healthcare driven by patient outcomes.
Unlike traditional models that focus on the quantity of care provided, value-based care emphasizes coordinated treatment, preventive strategies and cost efficiency. ELV is expanding its value-based care portfolio, especially in behavioral health and oncology. Through its Carelon business, the company integrates pharmacy, behavioral health and complex care management by creating a comprehensive approach to address the needs of its members.
Elevance Health’s care delivery services primarily focus on serving chronic and complex populations by offering tailored care in the home and virtually. The company acquired CareBridge in 2024, which provides virtual care to Medicaid and Medicare patients and helps in plans in managing home and community-based services. Through this strategy, it aims to improve its visibility and consistency in the long run.
