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 management platform, integrated data and analytics capabilities, pharmacy benefit management services and comprehensive health plan administration services.
TypePublic
Founded2011
HQArlington, US
Websiteevolenthealth.com
Employee Ratings2.9
Culture scoreD

Latest Updates

Employees (est.) (Dec 2019)3,400(-10%)
Job Openings116
Revenue (FY, 2019)$846.4 M(+35%)
Share Price (May 2020)$8.9 (-1%)

Key People/Management at Evolent Health

Frank Williams

Frank Williams

Chief Executive Officer & Co-Founder, Director
Seth Blackley

Seth Blackley

President & Co-Founder, Director
Tom Peterson

Tom Peterson

Chief Operating Officer & Co-Founder
Nicholas McGrane

Nicholas McGrane

Executive Vice President, Corporate Performance
Anita Cattrell

Anita Cattrell

Chief Innovation Officer
Jordan Flynn

Jordan Flynn

Vice President, Chief Compliance Officer
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Evolent Health Office Locations

Evolent Health has offices in Arlington, Austin, Baltimore, Baton Rouge and in 17 other locations
Arlington, US (HQ)
800 N Glebe Rd #500
Austin, US
9601 Amberglen Blvd #225
Baltimore, US
Baltimore, MD, USA
Baton Rouge, US
Baton Rouge, LA, USA
Bedford, US
2208 Hwy 121
Boston, US
Boston, MA, USA
Show all (22)

Evolent Health Financials and Metrics

Evolent Health Revenue

Evolent Health's revenue was reported to be $846.38 m in FY, 2019
USD

Revenue (Q1, 2020)

247.3m

Net income (Q1, 2020)

(78.8m)

EBIT (Q1, 2020)

(25.5m)

Market capitalization (29-May-2020)

759.0m

Closing stock price (29-May-2020)

8.9

Cash (31-Mar-2020)

67.9m

EV

1.1b
Evolent Health's current market capitalization is $759 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

96.9m254.2m435.0m627.1m846.4m

Revenue growth, %

162%

General and administrative expense

75.3m160.7m205.7m235.4m257.0m

Operating expense total

75.3m160.7m205.8m235.5m257.5m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

10.4m40.4m49.4m56.5m60.2m106.2m107.1m107.9m139.7m144.3m149.9m197.8m192.0m220.1m247.3m

General and administrative expense

13.1m29.8m32.1m32.8m38.4m53.6m51.1m45.8m55.5m57.4m59.6m74.8m66.9m58.8m54.7m

Operating expense total

13.1m29.8m32.1m32.8m38.4m53.6m51.1m45.8m55.5m57.4m59.6m74.8m66.9m58.8m54.8m

Depreciation and amortization

984.0k3.1m3.4m3.6m3.7m6.6m6.9m7.7m9.5m10.0m10.4m14.3m15.3m15.4m16.1m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

145.7m134.6m238.4m228.3m101.0m

Accounts Receivable

20.4m40.6m48.9m80.2m75.7m

Prepaid Expenses

4.2m11.0m8.4m22.6m28.5m

Current Assets

1.1k184.5m265.0m378.2m488.0m228.8m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(25.2m)319.8m(226.8m)(69.8m)(54.2m)(305.6m)

Depreciation and Amortization

7.2m17.2m32.4m44.5m60.9m

Accounts Payable

2.8m(6.4m)5.6m7.6m(5.5m)

Cash From Operating Activities

145.7m(35.5m)(28.0m)(20.7m)(42.6m)
USDY, 2020

EV/EBIT

-41.4 x

EV/CFO

-51.3 x

Financial Leverage

1.7 x
Show all financial metrics

Evolent Health Operating Metrics

FY, 2015Q1, 2016Q2, 2016FY, 2016Q1, 2017Q2, 2017

Lives on the Platform

718 k1.25 m1.40 m2 m2.80 m2.80 m

Locations

30 30

Partners

11 25 25 25
Show all operating metrics

Evolent Health Acquisitions / Subsidiaries

Company NameDateDeal Size
Aldera Holdings
Evolent Assurance Solutions
Evolent Health LLC
Valence Health

Evolent Health Online and Social Media Presence

Embed Graph

Evolent Health Company Culture

  • Overall Culture

    D

    57/100

  • CEO Rating

    C-

    66/100

  • Compensation

    D

    52/100

  • Diversity

    C-

    59/100

Learn more on Comparably

Evolent Health Blogs

Evolent Health and River City Medical Group Establish a Management Services Organization for California Managed Care Entities

The new MSO will initially support nearly 300,000 dedicated managed care members in California WASHINGTON, D.C., February 26, 2019 – Evolent Health, a company providing an integrated value-based care platform to the nation's leading provider and payer organizations, today announce…

Evolent Health Partners with Torrance Health IPA and Torrance Memorial Integrated Physicians to Provide Risk Adjustment Solution and Services

Evolent is providing its Identifi platform and Risk Adjustment solution to enhance risk adjustment performance and support 500 providers in the Los Angeles metro area       WASHINGTON, D.C., August 7, 2018 – Evolent Health, a company providing an integrated value-based care platfo…
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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 Frank Williams, Seth Blackley and Tom Peterson.

  • How many employees does Evolent Health have?

    Evolent Health has 3,400 employees.

  • What is Evolent Health revenue?

    Latest Evolent Health annual revenue is $846.4 m.

  • What is Evolent Health revenue per employee?

    Latest Evolent Health revenue per employee is $248.9 k.

  • Who are Evolent Health competitors?

    Competitors of Evolent Health include Springbuk, Change Healthcare and Privia Health.

  • 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, Austin, Baltimore, Baton Rouge and in 17 other locations.

  • How many offices does Evolent Health have?

    Evolent Health has 22 offices.