Elevance Health - Enterprise Tech Ecosystem Series

Elevance Health - Enterprise Tech Ecosystem Series

Summary

Elevance Health (formerly Anthem) is a health benefits company. The company offers managed healthcare-related products and administrative services. The company provides various specialty and insurance products and services including life, vision, dental, disability insurance benefits, and supplemental health insurance. It offers its products and services to large and small groups, federal government, Medicaid and Medicare markets, and individuals. Its various types of medical membership customers include Local Group, Individual, National Accounts, BlueCard, Medicare, Medicaid, and Federal Employees Health Benefits (FEHB). The company is an independent licensee of the Blue Cross and Blue Shield Association (BCBSA) and has license for insurance operations across the US. Elevance Health is headquartered in Indianapolis, Indiana, the US.

This report provides insight into Elevance Health's insurtech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, and its estimated ICT budget.

Scope

• Elevance Health is tapping the power of big data and machine learning to analyze data and generate insights, as well as improve member engagement and detect fraudulent claims.
• Elevance Health has been focusing on migrating from legacy systems to cloud computing to manage data on a cloud infrastructure. Elevance Health is adopting a cloud strategy to leverage innovative technologies such as artificial intelligence (AI), predictive analytics, and chatbots.
• Using AI technology, Elevance Health is focused on automating its core business processes. Elevance Health has also been partnering with AI providers to develop solutions that help improve consumer health.

• Gain insight into Elevance Health's insurtech operations.
• Discover its fintech strategies and innovation initiatives.
• Learn about its product launches, partnerships, and investments.