Evolent Health Inc (EVH)

History and Background

Evolent Health Inc. was founded in 2011. It focuses on partnering with health plans and providers to manage complex healthcare populations. It evolved from a venture capital initiative to a publicly traded company providing administrative and clinical solutions.

Core Business Areas

• Evolent Value-Based Care: Provides solutions to help health systems and physician organizations transition to value-based care models, improve clinical outcomes, and reduce costs.
• Evolent Health Plan Services: Offers comprehensive administrative and clinical solutions for health plans, including utilization management, care management, and population health analytics.
• New Century Health: Specializes in oncology and cardiology care management, providing evidence-based guidelines and technology to improve patient care and reduce costs. (Acquired by Evolent)

Leadership and Structure

The leadership team typically consists of a CEO, CFO, CTO, and other executive officers overseeing various departments. The organizational structure includes functional departments such as operations, finance, technology, and sales/marketing.

Key Offerings

• Identifi Platform: A technology platform that aggregates clinical and claims data to provide insights for care management and population health. Market share data is not directly available, but Identifi supports a significant portion of Evolent's managed lives. Competitors include companies like Optum, Cerner, and Allscripts.
• Value-Based Care Solutions: Consulting and management services to assist providers in transitioning to value-based payment models, focusing on cost reduction and quality improvement. Competitors include companies such as Premier Inc., and Conifer Health Solutions.
• New Century Health Care Management Programs: Provide evidence-based oncology and cardiology care management services. Competitors include companies like Cardinal Health and McKesson.

Industry Overview

The healthcare industry is shifting towards value-based care models, with increasing emphasis on data analytics, care coordination, and population health management. Demand is growing for solutions that help providers and health plans improve outcomes and reduce costs.

Positioning

Evolent Health Inc. is positioned as a partner to health plans and providers, offering technology and services to support their transition to value-based care. Competitive advantages include its Identifi platform and expertise in complex care management.

Total Addressable Market (TAM)

The TAM for value-based care solutions is estimated to be in the tens of billions of dollars, considering the ongoing shift in the U.S. healthcare system. Evolent is positioned to capture a portion of this market through its partnerships and integrated solutions.

Key Competitors

• OTLY
• THC
• ACAD
• AMN
• MEDP

Competitive Landscape

Evolent Health Inc. competes with larger and smaller companies offering similar solutions. Its strengths include its integrated technology platform and expertise in value-based care, while weaknesses may include its smaller size and dependence on key clients.

New Century Health

• Year: 2018
• Acquisition Price (USD millions): 650
• Strategic Rationale: Expanded Evolent's capabilities in oncology and cardiology care management.

Historical Growth: Evolent Health Inc. has experienced revenue growth driven by demand for value-based care solutions. Specific growth rates vary and can be found in financial reports.

Future Projections: Future growth projections vary depending on analyst estimates. Refer to financial news sources and analyst reports for projections.

Recent Initiatives: Recent initiatives include expanding partnerships with health systems, launching new care management programs, and investing in technology.

Evolent Health is a company focused on value-based care that has shown revenue growth. Key strengths include technology and partnerships. However, it needs to manage competition from larger players and ensure consistent profitability. The future success is dependent on the continuing adoption of value-based care models.

Data Sources:

• Company filings (10-K, 10-Q)
• Analyst reports
• Press releases
• Industry publications

Disclaimers:

This analysis is based on publicly available information and represents a general overview. Investment decisions should be based on individual research and professional advice.