Evolent Health

Founded in 2011, Evolent Health helps health care systems lead, build and own the path to value-based care. Partnering with the most progressive systems across the nation, our team of experts work shoulder-to-shoulder with provider leadership to shape the future of health care. While we come from a variety of backgrounds, we pursue a singular mission:
To change the health of the nation by changing the way health care is delivered.

From day one, Evolent has been purpose-built for creating clinical value and sustained growth for our partners, the pioneering health systems that are boldly leading the transformation to value-based care delivery across the nation. We embed and connect essential value-based care capabilities across the entire health system enterprise, including the teams, technology and tools that become the foundation for operating a successful value-based business.

Type
Public
HQ
Arlington, US
Founded
2011
Size (employees)
946 (est)
Evolent Health was founded in 2011 and is headquartered in Arlington, US

Key People at Evolent Health

Frank Williams

Frank Williams

CEO
Chad Pomeroy

Chad Pomeroy

CTO

Evolent Health Office Locations

Evolent Health has offices in Arlington, San Francisco, Chicago, Lisle and in 14 other locations
Arlington, US (HQ)
800 N Glebe Rd
Corpus Christi, US
615 N Upper Broadway
Bedford, US
2208 Hwy 121
Austin, US
9601 Amberglen Blvd
Lisle, US
801 Warrenville Rd
Chicago, US
300 S Riverside Plaza
Chicago, US
Bank Of America Plaza 540 W Madison St
San Francisco, US
1 Kearny St

Evolent Health Data and Metrics

Evolent Health Financial Metrics

Evolent Health's revenue was reported to be $254.2 m in FY, 2016 which is a 162% increase from the previous period.
$, USD

Revenue (FY, 2016)

254.2 m

Revenue growth (FY, 2015 - FY, 2016), %

162%

Gross profit (FY, 2016)

99 m

Gross profit margin (FY, 2016), %

39%

Net income (FY, 2016)

(226.8 m)

EBIT (FY, 2016)

(237.4 m)

Market capitalization (23-Jun-2017)

1.6 b

Closing share price (23-Jun-2017)

25.9

Cash (31-Dec-2016)

134.6 m
Evolent Health's current market capitalization is $1.6 b.
$, USDFY, 2015FY, 2016

Revenue

96.9 m254.2 m

Revenue growth, %

162%

Cost of goods sold

57.4 m155.2 m

Gross profit

39.5 m99 m

Gross profit Margin, %

41%39%

General and administrative expense

75.3 m160.7 m

Operating expense total

139.9 m491.6 m

EBIT

(43 m)(237.4 m)

EBIT margin, %

(44%)(93%)

Interest expense

293 k723 k

Income tax expense

23.5 m(10.8 m)

Net Income

319.8 m(226.8 m)
$, USDFY, 2015FY, 2016

Cash

145.7 m134.6 m

Accounts Receivable

20.4 m40.6 m

Inventories

4.2 m11 m

Current Assets

184.5 m265 m

PP&E

12.8 m31.2 m

Goodwill

608.9 m626.6 m

Total Assets

1 b1.2 b

Accounts Payable

16.7 m43.9 m

Current Liabilities

59.5 m131.9 m

Common Stock

415 k506 k

Additional Paid-in Capital

342.1 m555.3 m

Retained Earnings

306.7 m146.6 m

Total Equity

934.6 m912.1 m

Financial Leverage

1.1 x1.3 x
$, USDFY, 2015FY, 2016

Net Income

319.8 m(226.8 m)

Inventories

(2 m)(10 m)

Accounts Payable

2.8 m(6.4 m)

Cash From Operating Activities

145.7 m(35.5 m)

Purchases of PP&E

(6.5 m)(15.5 m)

Cash From Investing Activities

(43.7 m)(97.8 m)

Cash From Financing Activities

207.9 m122.1 m
$, USDY, 2016

Revenue/Employee

268.7 k

Financial Leverage

1.3 x

Evolent Health Market Value History

Evolent Health Job Categories

Evolent Health Median Salaries

Source: 80 public H-1B filings from Evolent Health

Evolent Health Online and Social Media Presence

Evolent Health Company Life and Culture

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