OverviewSuggest Edit

Evolent Health is a population health management services organization that integrates technology, tools, and on-the-ground resources to support health systems in executing on population health and care transformation objectives. The company provides customers with a population health management platform, integrated data and analytics capabilities, pharmacy benefit management and health plan administration services.

TypePublic
Founded2011
HQArlington, VA, US
Websiteevolenthealth.com
Employee Ratings3.6
Overall CultureD

Latest Updates

Employees (est.) (Dec 2019)3,400(-10%)
Job Openings330
Revenue (FY, 2020)$1 B(+21%)
Share Price (Sept 2021)$26
Cybersecurity ratingAMore

Key People/Management at Evolent Health

Seth Blackley

Seth Blackley

Chief Executive Officer & Co-Founder
Jessica Landin

Jessica Landin

Chief Operating Officer, Evolent Care Partners
Emily Rafferty

Emily Rafferty

President and Chief Operating Officer, Evolent Health Services
Chris Dawe

Chris Dawe

Chief Growth Officer, Evolent Care Partners
Michelle Engel

Michelle Engel

Chief Talent Officer
Anita Cattrell

Anita Cattrell

Chief Innovation Officer
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Evolent Health Office Locations

Evolent Health has offices in Arlington, Chicago and Lisle
Arlington, VA, US (HQ)
800 N Glebe Rd #500
Chicago, IL, US
300 S Riverside Plaza
Lisle, IL, US
801 Warrenville Rd
Show all (3)

Evolent Health Financials and Metrics

Evolent Health Revenue

Evolent Health's revenue was reported to be $1.02 b in FY, 2020
USD

Revenue (FY, 2020)

1.0b

Net income (FY, 2020)

(334.2m)

EBIT (FY, 2020)

(270.6m)

Market capitalization (23-Sept-2021)

2.3b

Closing stock price (23-Sept-2021)

26.0

Cash (31-Dec-2020)

340.5m

EV

2.3b
Evolent Health's current market capitalization is $2.3 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

435.0m627.1m846.4m1.0b

Revenue growth, %

44%35%

Cost of goods sold

269.4m327.8m513.1m

Gross profit

165.6m299.2m333.3m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

139.7m144.3m149.9m197.8m192.0m220.1m247.3m238.6m264.6m

Cost of goods sold

72.0m69.0m74.0m117.4m108.4m131.8m175.7m165.8m183.2m

Gross profit

67.7m75.3m76.0m80.3m83.6m88.4m71.6m72.8m81.4m

Gross profit Margin, %

48%52%51%41%44%40%29%31%31%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

238.4m228.3m101.0m340.5m

Accounts Receivable

48.9m80.2m75.7m126.0m

Prepaid Expenses

8.4m22.6m28.5m61.0m

Current Assets

378.2m488.0m228.8m546.1m
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(69.8m)(54.2m)(305.6m)(334.2m)

Depreciation and Amortization

32.4m44.5m60.9m61.5m

Accounts Payable

5.6m7.6m(5.5m)3.5m

Cash From Operating Activities

(28.0m)(20.7m)(42.6m)(16.2m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(14.1m)(24.1m)(36.7m)(48.6m)(80.5m)(106.3m)(78.8m)(282.3m)(320.4m)

Depreciation and Amortization

9.5m19.5m29.9m14.3m29.6m45.0m16.1m31.9m46.6m

Accounts Payable

2.3m(342.0k)6.5m(204.0k)1.0m(4.0m)11.1m11.7m(394.0k)

Cash From Operating Activities

(24.7m)(18.0m)4.3m(25.7m)(39.2m)(55.8m)(20.5m)17.1m(3.4m)
USDFY, 2017

Revenue/Employee

167.3k

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.3 x
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Evolent Health Operating Metrics

FY, 2015Q1, 2016Q2, 2016FY, 2016Q1, 2017Q2, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Lives on the Platform

718 k1.25 m1.4 m2 m2.8 m2.8 m

Locations

3030

Partners

11252525253030303535353539363435
Show all operating metrics

Evolent Health Acquisitions / Subsidiaries

Company NameDateDeal Size
Passport Health PlanMay 29, 2019
New Century HealthSeptember 12, 2018$217 m
Accordion HealthJune 28, 2017$3.2 m
AlderaNovember 01, 2016
Valence HealthJuly 13, 2016$219.4 m
EH Holding Company Inc
Evolent Assurance Solutions LLC
Evolent Care Partners Holding Company Inc
Evolent Care Partners of Texas Inc
Evolent Health International Private Ltd
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Evolent Health Revenue Breakdown

Embed Graph

Evolent Health revenue breakdown by business segment: 79.9% from Services and 20.1% from True Health

Evolent Health Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Evolent Health Online and Social Media Presence

Embed Graph

Evolent Health Company Culture

  • Overall Culture

    D

    61/100

  • CEO Rating

    B

    72/100

  • Compensation

    C-

    60/100

  • Diversity

    D-

    51/100

Learn more on Comparably

Evolent Health Blogs

Evolent Health Announces Agreement to Acquire Vital Decisions, Expanding its Depth and Breadth in Specialty Care Management

The addition of Vital Decisions’ specialized patient engagement services expected to position New Century Health to accelerate growth, improve patient care quality and increase margins by adding capabilities in patient engagement, telehealth and end-of-life management  Washington,…

Evolent Health Named to Parity.org’s Best Companies for Women to Advance List 2021

For the second year in a row, Evolent Health is included on Parity.org's list of Best Companies for Women to Advance  WASHINGTON, D.C., June 22, 2021 – Evolent Health, Inc. (NYSE: EVH), a health care company that delivers proven clinical and administrative solutions to payers and …

Document 1 - Newsletter

Document:  2020.12_Identifi_Release_Notes_Community.pdf Document Category:  Newsletters

500 Chicago Area Black Churches to Launch Covid-19 Vaccine Video Campaign During Easter Weekend Services

Chicago area faith leaders and Evolent Health will brief media April 1 on their community effort to inform up to 1 million Black and Latinx Chicagoans on vaccine safety and efficacy CHICAGO, March 30, 2021 – This Holy Thursday at Quinn Chapel AME in Chicago, clergy leaders from a …

Evolent Care Partners Signs Two New Physician Groups and Expands Total Cost of Care Management Partnership with Commercial Payer

With these new and expanded partnerships, Evolent Care Partners now supports approximately 90,000 lives, $900M in premium and 500 primary care physicians across 6 states Washington, D.C., February 25, 2021 – Evolent Health, Inc. (NYSE: EVH), a health care company that delivers pro…

Evolent Health Named One of the Best Places too Work for LBGTQ Equality by Human Rights Campaign Foundation

WASHINGTON, January 28, 2021 -- Evolent Health, Inc., a health care company that delivers proven clinical and administrative solutions to payers and providers, today announced that it has received a perfect 100 score on the Human Rights Campaign (HRC) Foundation’s Corporate Equalit…
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Evolent Health Frequently Asked Questions

  • When was Evolent Health founded?

    Evolent Health was founded in 2011.

  • Who are Evolent Health key executives?

    Evolent Health's key executives are Seth Blackley, Jessica Landin and Emily Rafferty.

  • How many employees does Evolent Health have?

    Evolent Health has 3,400 employees.

  • What is Evolent Health revenue?

    Latest Evolent Health annual revenue is $1 b.

  • What is Evolent Health revenue per employee?

    Latest Evolent Health revenue per employee is $300.7 k.

  • Who are Evolent Health competitors?

    Competitors of Evolent Health include Lash Group, Cerner and Change Healthcare.

  • Where is Evolent Health headquarters?

    Evolent Health headquarters is located at 800 N Glebe Rd #500, Arlington.

  • Where are Evolent Health offices?

    Evolent Health has offices in Arlington, Chicago and Lisle.

  • How many offices does Evolent Health have?

    Evolent Health has 3 offices.