Becker's Healthcare April 18, 2024
Jakob Emerson

Elevance Health posted $2.2 billion in net income during the first quarter, a nearly 13% increase compared to the same period last year, according to the company’s earnings report published April 18.

“First quarter results reflect disciplined execution of our strategic initiatives during a dynamic time for our industry,” President and CEO Gail Boudreaux said. “We are making significant progress expanding Carelon’s capabilities, scaling our flywheel for enterprise growth, and delivering results for all stakeholders. Given the solid start to the year, we have increased our outlook for full year earnings.”

Total revenues in the first quarter were $42.6 billion, a 1% increase year over year.

Total expenses in the first quarter were $39.6 billion, a 0.2% increase.

Net income...

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