Company: ELV
Filing Date: 2025-07-17
Form Type: 10-Q
Source: 0001156039-25-000114
Chunk: 59

Company: Elevance Health, Inc.
Filing Date: 2025-07-17
Form: 10-Q
Item: Item 8
Chunk 59
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 EPS for both periods resulted primarily from decreased shareholders' net income, partially offset by the impact of fewer diluted shares outstanding.

Operating cash flow for the six months ended June 30, 2025 and 2024 was $3,071 and $2,425, respectively. The increase in net cash provided by operating activities was primarily due to favorable working capital impacts, partially offset by a lower net income for the six months ended June 30, 2025.

Membership and Other Metrics

The following table presents our medical membership by customer type as of June 30, 2025 and 2024. Also included below is other membership by product and other metrics. The membership data and other metrics presented are unaudited and in certain instances include estimates of the number of members represented by each contract at the end of the period. The CarelonRx Quarterly Adjusted Scripts metric represents adjusted script volume based on the number of days a prescription covers. On an adjusted basis, one 90-day script counts the same as three 30-day scripts. The Carelon Services Consumers Served metric represents the number of consumers receiving one or more healthcare-related services from Carelon Services who are members of our affiliated health plans as well as those who are members of non-affiliated health plans. For a more detailed description of our medical membership, see the “Membership” section of Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in our 2024 Annual Report on Form 10-K.

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June 30  20252024Change% ChangeMedical Membership (in thousands)Individual1,348 1,281 67 5.2 %Employer Group Risk-Based3,615 3,648 (33)(0.9)%Commercial Risk-Based4,963 4,929 34 0.7 %BlueCard®6,570 6,692 (122)(1.8)%Employer Group Fee-Based20,584 20,542 42 0.2 %Commercial Fee-Based27,154 27,234 (80)(0.3)%Medicare Advantage2,255 2,031 224 11.0 %Medicare Supplement874 894 (20)(2.2)%Total Medicare3,129 2,925 204 7.0 %Medicaid8,733 9,028 (295)(3.3)%Federal Employee Program®1