Is Anthem rebranding Elevance Health?

Asked by: Maxwell Durgan  |  Last update: January 23, 2024
Score: 4.5/5 (59 votes)

Anthem on Thursday announced a corporate rebrand, with the company planning to now operate as Elevance Health, a portmanteau of "elevate" and "advance."

Did Anthem change the name of Elevance Health?

I am pleased to announce that our shareholders voted to approve our parent company's name change from Anthem, Inc. to Elevance Health, Inc. (NYSE Ticker Symbol — ELV) effective June 28, 2022.

Is Anthem and Elevance Health the same company?

On June 28, 2022, Anthem announced a change of its corporate name to Elevance Health, Inc. and also changed its stock ticker symbol from "ANTM" to "ELV".

What is the new stock name for Anthem?

The company formerly known as Anthem commemorated its official rebranding to Elevance Health on June 28 by ringing the opening bell at the New York Stock Exchange and beginning to trade under the new ticker symbol "ELV."

Is Anthem changing its name?

Anthem announced yesterday that it is changing its name to Elevance Health and will revive the Wellpoint name in some markets. The name change becomes official on June 28 and the company's ticker symbol will be ELV. Elevance is blending of the words elevate and advance.

What’s in a Name? Elevance Health CMO Shares Insights from Rebranding

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What is the new name for elevance?

Anthem, which officially becomes Elevance Health on June 28, said Wednesday the new names “will optimize and streamline the company's brand portfolio, reduce complexities, and further underscore its evolution to deliver solutions beyond traditional health insurance, simplify the healthcare experience, and advance ...

Who took over Anthem?

Anthem will officially become Elevance Health on June 28, and, as part of its corporate rebrand, it's also launching new brands for two of its subsidiaries. The insurer will consolidate its healthcare services businesses under one umbrella, called Carelon.

Why was the name elevance health chosen?

Elevance was chosen as a combination of the words “elevate” and “advance.” There will not be any changes to leadership or organizational structure accompanying the new name.

What is the price forecast for Anthem stock?

The average price target for Anthem is $568.40. This is based on 20 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $642.00 ,the lowest forecast is $335.00. The average price target represents 17.78% Increase from the current price of $482.58.

Has Anthem stock ever split?

Anthem stock (symbol: ANTM) underwent a total of 1 stock split. The stock split occured on June 1st, 2005. One ANTM share bought prior to June 1st, 2005 would equal to 2 ANTM shares today.

What is Elevance Health ranked?

Elevance's score is 75.9 out of 125

In this year's rankings, the highest score is 90.9 out of 125. Companies are ranked in the order of their overall score, from highest to lowest.

Does Anthem own IngenioRx?

IngenioRx is a wholly owned subsidiary of Anthem, Inc.

Is Anthem Blue Cross Blue Shield the same as Empire?

New York, NY – Empire BlueCross BlueShield, downstate, and Empire BlueCross, upstate, today announced the company name will become Anthem Blue Cross and Blue Shield and Anthem Blue Cross, respectively, on January 1, 2024.

Why did Anthem rebrand?

The corporate rebranding is a first step in the company's effort to optimize its brand portfolio, according to Anthem. While Anthem Blue Cross Blue Shield health plans' names will not change, the company expects to streamline other brands in the market to reduce complexities and improve consumer experiences.

Is Anthem still a company?

It changed its corporate name back to Anthem Inc. in 2014. The company is one of the largest U.S. health insurers, with more than 45 million members, behind only leader UnitedHealthcare, based in suburban Minneapolis. Anthem is the largest public company in Indianapolis, with 2021 revenue of $136.9 billion.

What are other names for Anthem BCBS?

In California Anthem Blue Cross is the trade name of Blue Cross of California.

Why is Anthem stock going down?

Anthem stock fell on Wednesday morning after the company reported fourth-quarter earnings, and provided 2020 guidance that disappointed investors.

What is the dividend price for Anthem stock?

The current dividend payout for stock Anthem, Inc. (ANTM) as of July 6, 2023 is 1.48 USD.

What is the price forecast for MetLife stock?

Stock Price Forecast

The 13 analysts offering 12-month price forecasts for MetLife Inc have a median target of 75.00, with a high estimate of 85.00 and a low estimate of 58.00. The median estimate represents a +30.21% increase from the last price of 57.60.

How many members does Elevance Health have?

Elevance Health, Inc. is an independent licensee of the Blue Cross and Blue Shield Association, an independent association providing health insurance system. At the end of 2022, the group had 47.5 million medical members.

Who is the transfer agent for elevance?

Transfer Agent:

c/o Computershare Trust Company, N.A.

What is the slogan of Elevance Health?

Improving lives and communities. Simplifying healthcare.

Does Anthem have an ending?

The take-away message of the ending is that the individual human ego is the highest and most holy thing that exists. In Equality 7-2521's view, the ego is what gives meaning to the world, and what gives human beings a reason for living (their own happiness).

When did Anthem stop being supported?

BioWare announced on February 24, 2021, that they were discontinuing any future work on Anthem, though will continue to support the live servers for the immediate future, while the developers on the game would be transitioned to Mass Effect and Dragon Age titles.

How did Anthem end?

Anthem, a novella by Ayn Rand ends with the two main characters rejecting their dystopian society for the newly introduced concept of individualism. They had been living in a collectivist society that was so equal that people only thought of the group rather than their own emotions and desires as individuals.