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Stock impact report

3 Reasons We're Fans of Elevance Health (ELV) [Yahoo! Finance]

Elevance Health, Inc. (ELV) 
Company Research Source: Yahoo! Finance
S&P 500 is down 14.2%. This was partly driven by its softer quarterly results and might have investors contemplating their next move. Given the weaker price action, is this a buying opportunity for ELV? Find out in our full research report, it's free Formerly known as Anthem until its 2022 rebranding, Elevance Health (NYSE:ELV) is one of America's largest health insurers, serving approximately 47 million medical members through its network-based managed care plans. Larger companies benefit from economies of scale, where fixed costs like infrastructure, technology, and administration are spread over a higher volume of goods or services, reducing the cost per unit. Scale can also lead to bargaining power with suppliers, greater brand recognition, and more investment firepower. A virtuous cycle can ensue if a scaled company plays its cards right. With $177 billion in revenue over the past 12 months, Elevance Health is one of the most scaled enterprises in healthcare. This is part Show less Read more
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