Elevance Health
American healthcare company
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January 2024 | Elevance Health filed a lawsuit against the Department of Health and Human Services (HHS) challenging changes in the Medicare Advantage star rating methodology, which could impact key bonus payouts due to significant rating decreases in 2024. |
2023 | Elevance announced plans to rebrand its Amerigroup business as Wellpoint, with the rebranding to take effect in 2024. |
2023 | Achieved a seat at number 78 on the Forbes Global 2000 list, demonstrating continued global business prominence. |
January 23 2023 | Elevance entered a definitive agreement to acquire Blue Cross and Blue Shield of Louisiana, expanding its state presence to 15 states and adding 1.9 million new members. |
2022 | Elevance Health concluded a consecutive run on the S&P Dow Jones Sustainability Index and the Corporate Equality Index's Best Places to Work for LGBTQ Equality list. |
2022 | Elevance Health achieves record revenue of $156,595 million, with employee count increasing to 102,300. |
2022 | Twenty-one of Elevance Health's affiliated Medicaid plans earned health equity accreditation from the National Committee for Quality Assurance (NCQA). |
2022 | Ranked 20th on the Fortune 500 list based on 2021 revenues, highlighting the company's substantial market position in the healthcare industry. |
October 2022 | A judge ordered Anthem to proceed to trial in the Medicare diagnostics fraud lawsuit brought by the Department of Justice. |
June 28 2022 | Anthem announced a change of its corporate name to Elevance Health, Inc. and changed its stock ticker symbol from 'ANTM' to 'ELV'. |
May 5 2022 | Completed the acquisition of Integra Managed Care in New York. |
2021 | Company reaches $138,639 million in revenue with significant growth in net income to $6,104 million and employee count expanding to 98,200. |
November 2021 | Anthem announced the acquisition of Integra Managed Care in New York. |
February 2 2021 | Anthem announced the acquisition of InnovaCare Health's Puerto Rico subsidiaries, including MMM Holdings, LLC and its Medicare Advantage and Medicaid plans. |
2020 | Revenue continues to grow, reaching $121,867 million during the COVID-19 pandemic year. |
March 2020 | The Department of Justice filed a lawsuit against Anthem (now Elevance Health) alleging submission of inaccurate diagnostics data to illegally obtain increased Medicare reimbursements. |
March 2020 | Anthem announced the acquisition of Beacon Health Options, an independently held behavioral health organization. |
2019 | Company experiences growth with revenue increasing to $104,213 million and employee count rising to 70,600. |
2019 | Sovereign Health filed a lawsuit against Anthem, alleging the company used coercive direct payments to pressure vulnerable mental health and addiction treatment facilities into joining Anthem's network under unfavorable contractual terms. |
2019 | The previous $5 million fine from 2017 was settled at a reduced amount of $2.8 million. |
2019 | Two Chinese nationals were indicted in connection with the 2015 data breach of Anthem, Inc. |
2018 | Elevance Health was first featured on the S&P Dow Jones Sustainability Index, recognizing the company's sustainable business practices. |
2018 | Elevance Health (previously Anthem) reports annual revenue of $92,105 million with 63,900 employees. |
October 2018 | Anthem's market capitalization was valued at over US$69.1 billion, with company shares trading at over $183 per share. |
2017 | Anthem reported annual earnings of US$3.843 billion and annual revenue of US$90.039 billion, representing a 6.1% increase from the previous fiscal year. |
2017 | California Department of Managed Health Care fined Elevance Health $5 million for untimely response to consumer complaints. |
November 6 2017 | Gail Koziara Boudreaux was named CEO of Anthem. |
October 2017 | Anthem announced it would not renew its pharmacy benefit management relationship with Express Scripts, claiming it was overcharged $3 billion, and would instead handle PBM through its new IngenioRx unit. |
June 2017 | Anthem agreed to a $115 million settlement to address allegations of inadequate data protection, with funds to be used for two years of identity theft protection services for affected clients. |
February 14 2017 | Cigna called off its merger agreement with Anthem after a United States district court judge blocked the merger on grounds of anti-competitive practices. |
2015 | Elevance Health was first included on the Corporate Equality Index's list of Best Places to Work for LGBTQ Equality. |
June 2015 | Anthem made an offer to acquire Cigna for more than $54 billion in cash and stock. |
February 2015 | Anthem acquired Simply Healthcare Holdings, a Medicaid and Medicare managed care company based in Florida. |
February 4 2015 | Anthem, Inc. disclosed a massive data breach involving over 37.5 million personal records, potentially compromising names, birthdays, medical IDs, social security numbers, addresses, email addresses, employment information, and income data across multiple healthcare brands. |
2014 | Anthem improved its rating to 3 out of 4 stars in the 'Meeting National Standards of Care' category from California's state patient advocacy office. |
2011 | Anthem received a 2 out of 4 star rating from California's state patient advocacy office in the 'Meeting National Standards of Care' category. |
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