Evolent Health Inc Stock Price, News & Analysis

Evolent Health (NYSE: EVH) reported Q4 and full-year financial results for 2021, showcasing GAAP revenue of $248.4 million, a slight increase of 0.7% year-over-year. In contrast, full-year revenue fell by 1.8% to $908.0 million. Notably, revenue excluding divested assets grew by 39.7% and 36.7% for Q4 and the full year, respectively. Despite a net loss of $(5.6) million in Q4 and $(37.6) million for 2021, Evolent achieved an Adjusted EBITDA of $24.3 million for Q4 and $66.3 million for the year. The company also announced new partnerships, enhancing its service delivery.

Evolent Health (NYSE: EVH) has announced it will disclose its fourth quarter and full year 2021 operating results on February 23, 2022, after market close. Following the release, a conference call is scheduled at 5:00 p.m. Eastern Time. Participants can access the call by dialing 855.940.9467 or 412.317.6034 for international listeners, referencing the "Evolent Health call". An audio playback will be available on the company's investor relations website for one week after the event.

Evolent Health (NYSE: EVH) announced a partnership with PCG Consulting Group to establish a customer contact team in Cook County, Illinois, serving over 400,000 Medicaid members. This collaboration aims to enhance diversity and support minority communities. PCG, with 79% of its employees from underserved areas, provides crucial administrative and clinical services. The initiative aligns with Evolent's commitment to health equity and improving member experiences, particularly for Black and African American individuals in the area. The partnership is part of Evolent's broader strategy to promote diversity and community engagement.

Evolent Health (NYSE: EVH) will present at the 40th Annual J.P. Morgan Healthcare Conference on January 12, 2022, at 4:30 p.m. ET. CEO Seth Blackley and CFO John Johnson will participate in the virtual event. Investors can access a live audio-only webcast on Evolent's website, with a replay available shortly after the event. Evolent Health provides clinical and administrative solutions aimed at improving health care affordability and efficiency, and it serves a nationwide base of healthcare payers and providers.

Evolent Health, Inc. (NYSE: EVH) has appointed Seth R. Frank as the new Vice President of Investor Relations, effective immediately. Reporting to CFO John Johnson, Frank will enhance the company's investor relations strategy and engagement with the investment community. He brings extensive experience from roles at Hanger, Inc. and Allscripts, along with a background as an equity analyst. This strategic appointment aims to boost investor knowledge of Evolent's operations and reinforce its commitment to delivering long-term shareholder value.

Evolent Health, Inc. (NYSE: EVH) announced that CFO John Johnson will lead a panel titled "Evolent Health Spotlight: New Century Health - Oncology Care Reimagined" on November 18, 2021, from 12-1 pm ET. The panel will include physicians from New Century Health, a subsidiary of Evolent, and partners discussing advancements in oncology care. Interested participants can register and access the event's live webcast via the company's website. The session will last approximately 60 minutes, including a Q&A segment. A replay will be available on the investor relations page afterward.

Evolent Health (NYSE: EVH) announced that CEO Seth Blackley and CFO John Johnson will attend the Piper Sandler 33rd Annual Healthcare Conference on December 1, 2021. The company specializes in clinical and administrative solutions aimed at enhancing health care quality while reducing costs. Evolent is recognized for its innovative contributions to population health management and has received national accolades for its workplace environment. For more information, visit evolenthealth.com.

Evolent Health (NYSE: EVH) announces the appointment of Dr. Tunde Sotunde to its Board of Directors, bringing over 20 years of healthcare experience. Dr. Sotunde, currently CEO of Blue Cross and Blue Shield of North Carolina, replaces Michael D'Amato, who is retiring. His leadership at Anthem, where he oversaw Medicaid efforts serving 7.3 million members and generating $33 billion in revenue, underscores his expertise. Additionally, effective January 1, 2022, Frank Williams transitions from Executive Chairman to non-executive Chairman, reflecting the company's governance evolution.