Evolent Health, Inc. is a health care company connecting care for people with complex conditions like cancer, cardiovascular disease, and musculoskeletal diagnoses. The Company offers three primary solutions: specialty care management services, total cost of care management and administrative services. It provides comprehensive quality management for oncology and cardiology patients from diagnosis through advance care planning services as well as identifying quality, lowest cost of care for outpatient orthopedic surgeries. Its total cost of care management solution enables providers to manage populations they may be accountable for under value-based contracts with payers or accountable care organizations (ACO) contracts with Centers for Medicare and Medicaid Services (CMS). Its administrative services solution includes integrated value-based care platform designed to help customers manage and administer patient health in a cost-effective manner.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 88.96% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 387.65.
Overvalued
The company’s latest PE is -5.09, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 127.83M shares, decreasing 17.49% quarter-over-quarter.
Held by Lee Ainslie
Star Investor Lee Ainslie holds 1.39M shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.77.