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, Phoenix, Nashville and in 19 other locations
Arlington, US (HQ)
800 N Glebe Rd
San Francisco, US
300 1 Kearny St

Evolent Health 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.

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 (22-May-2017)

$1.4 b

Closing share price (22-May-2017)

$23.6

Cash (31-Dec-2016)

$134.6 m
Evolent Health's current market capitalization is $1.4 b.
FY, 2015FY, 2016

Revenue

$96.9 m$254.2 m

Revenue growth, %

162%

Cost of goods sold

$57.4 m$155.2 m

Gross profit

$39.5 m$99 m

Gross profit Margin, %

41%39%

General and administrative expense

$75.3 m$160.7 m

Operating expense total

$139.9 m$491.6 m

EBIT

($43 m)($237.4 m)

EBIT margin, %

(44%)(93%)

Interest expense

$293 k$723 k

Income tax expense

$23.5 m($10.8 m)

Net Income

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

Cash

$145.7 m$134.6 m

Accounts Receivable

$20.4 m$40.6 m

Inventories

$4.2 m$11 m

Current Assets

$184.5 m$265 m

PP&E

$12.8 m$31.2 m

Goodwill

$608.9 m$626.6 m

Total Assets

$1 b$1.2 b

Accounts Payable

$16.7 m$43.9 m

Current Liabilities

$59.5 m$131.9 m

Common Stock

$415 k$506 k

Additional Paid-in Capital

$342.1 m$555.3 m

Retained Earnings

$306.7 m$146.6 m

Total Equity

$934.6 m$912.1 m

Financial Leverage

1.1 x1.3 x
FY, 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 m$122.1 m
Y, 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 Presence

Evolent Health Company Life

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