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Evolent Health Inc (EVH.N)

EVH.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Evolent Health Expands Partnership With Passport Health Plan
Wednesday, 29 May 2019 

May 29 (Reuters) - Evolent Health Inc ::EVOLENT HEALTH EXPANDS PARTNERSHIP WITH PASSPORT HEALTH PLAN TO SUPPORT MEDICAID BENEFICIARIES IN THE COMMONWEALTH OF KENTUCKY.EVOLENT HEALTH INC - EVOLENT WILL ACQUIRE AN OWNERSHIP INTEREST IN PASSPORT HEALTH PLAN.EVOLENT HEALTH INC - EVOLENT WILL CONTRIBUTE $70 MILLION FOR A 70 PERCENT OWNERSHIP INTEREST IN PASSPORT HEALTH PLAN.EVOLENT HEALTH INC - PASSPORT WILL BE JOINTLY OWNED AND OPERATED IN PARTNERSHIP BETWEEN EVOLENT, UNIVERSITY OF LOUISVILLE AND OTHER PASSPORT OWNERS.EVOLENT HEALTH INC - WILL EXPAND SCOPE AND TERM OF ITS LONG-TERM MANAGEMENT SERVICES AGREEMENT WITH HEALTH PLAN.EVOLENT HEALTH INC - EVOLENT HEALTH EXPECTS TO ACCOUNT FOR ITS OWNERSHIP INTEREST IN JOINT VENTURE AS AN EQUITY METHOD INVESTMENT.EVOLENT HEALTH INC - AS PART OF TRANSACTION, EVOLENT WILL EXPAND ITS EXISTING MANAGEMENT SERVICES AGREEMENT (MSA) WITH PASSPORT.EVOLENT HEALTH - PASSPORT PLAN WILL BE GOVERNED BY NEWLY FORMED BOARD OF DIRECTORS UPON CLOSING WITH JOINT REPRESENTATION FROM CURRENT OWNERS & EVOLENT HEALTH.  Full Article

Evolent and GlobalHealth Launch Joint Venture To Support Provider-Led Medicare Advantage Plans
Thursday, 28 Mar 2019 

March 28 (Reuters) - Evolent Health Inc ::EVOLENT HEALTH, GLOBALHEALTH AND KINDERHOOK INDUSTRIES LAUNCH "TRUE HEALTH" TO SUPPORT PROVIDER-LED MEDICARE ADVANTAGE PLANS.EVOLENT HEALTH- CO WILL OWN A 45 PERCENT MINORITY STAKE AND IS CONTRIBUTING $37.5 MILLION OF CAPITAL COMPRISED OF $15 MILLION IN CASH AND $22.5 MILLION IN STOCK.EVOLENT HEALTH WILL ACCOUNT FOR ITS MINORITY OWNERSHIP IN TRUE HEALTH AS AN EQUITY INVESTMENT.EVOLENT HEALTH - EVOLENT'S COMMERCIAL HEALTH PLAN IN NEW MEXICO, TRUE HEALTH NEW MEXICO, WILL CONTINUE TO BE WHOLLY-OWNED AND OPERATED BY EVOLENT.EXISTING EQUITY OWNERS OF GLOBALHEALTH TO CONTRIBUTE GLOBALHEALTH, ADDITIONAL CASH FOR 55 PERCENT OWNERSHIP IN TRUE HEALTH.  Full Article

Evolent Health Announces Fourth Quarter And Full Year 2018 Results
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - Evolent Health Inc ::EVOLENT HEALTH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 REVENUE $193.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF $188.7 MILLION.QTRLY LOSS PER SHARE $0.21.Q4 EARNINGS PER SHARE VIEW $-0.04 -- REFINITIV IBES DATA.FOR THE FULL YEAR 2019, ADJUSTED REVENUE IS EXPECTED TO BE IN THE RANGE OF APPROXIMATELY $805.0 MILLION TO $880.0 MILLION.EVOLENT HEALTH- FOR THE THREE MONTHS ENDED MARCH 31, 2019, ADJUSTED REVENUE IS EXPECTED TO BE IN THE RANGE OF ABOUT $188.0 MILLION TO $197.0 MILLION.FY2019 REVENUE VIEW $847.3 MILLION -- REFINITIV IBES DATA.Q1 REVENUE VIEW $204.4 MILLION -- REFINITIV IBES DATA.  Full Article

Evolent Health Qtrly Loss Per Share $0.16
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - Evolent Health Inc ::EVOLENT HEALTH ANNOUNCES THIRD QUARTER 2018 RESULTS.Q3 REVENUE $149.9 MILLION VERSUS I/B/E/S VIEW $143 MILLION.QTRLY LOSS PER SHARE $0.16.EVOLENT HEALTH - QTRLY ADJUSTED LOSS PER SHARE $0.04.FOR FULL YEAR 2018, ADJUSTED REVENUE IS EXPECTED TO BE IN RANGE OF APPROXIMATELY $624.0 MILLION TO $629.0 MILLION.2018 ADJUSTED EBITDA IS EXPECTED TO BE IN RANGE OF APPROXIMATELY $22.5 MILLION TO $24.5 MILLION.  Full Article

Evolent Health Reports Qtrly ‍loss Per Share $0.18​
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Evolent Health Inc ::EVOLENT HEALTH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 REVENUE ROSE 29.2 PERCENT TO $113.7 MILLION.QTRLY ‍LOSS PER SHARE $0.18​.‍FOR FULL YEAR 2018, ADJUSTED REVENUE IS EXPECTED TO BE IN RANGE OF APPROXIMATELY $565.0 MILLION TO $585.0 MILLION​.‍FOR THREE MONTHS ENDED MARCH 31, 2018, ADJUSTED REVENUE IS EXPECTED TO BE IN RANGE OF APPROXIMATELY $139.0 MILLION TO $143.0 MILLION​.‍ADJUSTED EBITDA IS EXPECTED TO BE IN RANGE OF APPROXIMATELY $18.0 MILLION TO $23.0 MILLION FOR FY 2018​.  Full Article

Evolent Health Sees Adjusted Services Revenue Growth In Mid-To-High Teens For 2018‍​
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Evolent Health Inc ::EVOLENT HEALTH SAYS ANTICIPATES MEETING OR EXCEEDING ISSUED ADJUSTED REVENUE, ADJUSTED EBITDA GUIDANCE FOR THREE MONTHS ENDED DEC 31, 2017 - SEC FILING.EVOLENT HEALTH SEES ADJUSTED SERVICES REVENUE GROWTH IN MID-TO-HIGH TEENS FOR 2018‍​.EVOLENT HEALTH - ANTICIPATE TRUE HEALTH NEW MEXICO ADJUSTED PREMIUM REVENUE OF ABOUT $95 MILLION-$100 MILLION IN 2018.EVOLENT HEALTH - ANTICIPATE ADJUSTED INTER-COMPANY REVENUES OF ABOUT $20 MILLION IN 2018.  Full Article

Evolent Health And Premier Health Terminate Agreement For Acquisition Of Premier Health Plan
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Evolent Health Inc ::EVOLENT HEALTH AND PREMIER HEALTH ANNOUNCE TERMINATION OF AGREEMENT FOR ACQUISITION OF PREMIER HEALTH PLAN.EVOLENT HEALTH AND PREMIER HEALTH ANNOUNCE TERMINATION OF AGREEMENT FOR ACQUISITION OF PREMIER HEALTH PLAN.- TWO PARTIES WERE UNABLE TO REACH TERMS ON RELATED PARTY AGREEMENTS..‍PREMIER CONTINUES TO EXPLORE STRATEGIC OPTIONS FOR ITS HEALTH PLAN BUSINESS​.EVOLENT HEALTH -CO TO CONTINUE TO PROVIDE SUPPORT SERVICES WITH EXISTING ADMINISTRATIVE AGREEMENT FOR EMPLOYEE SELF-INSURED, MEDICARE ADVANTAGE.  Full Article

Evolent Health announces third quarter 2017 results
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Evolent Health Inc :Evolent Health announces third quarter 2017 results.Q3 revenue $107.9 million versus I/B/E/S view $104.5 million.Evolent Health Inc - ‍for three months ended December 31, 2017, adjusted revenue is expected to be in range of $110.0 million to $112.0 million​.Evolent Health Inc qtrly loss per share $0.18​.Evolent Health Inc - ‍for full year 2017, we expect adjusted revenue to be in range of $432.0 million to $434.0 million​.Evolent Health Inc - ‍for full year 2017, adjusted EBITDA to be in range of loss of $3.0 million to loss of $2.0 million.Evolent Health Inc - ‍ for three months ended December 31, 2017, adjusted EBITDA is expected to be in range of $3.0 million to $4.0 million​.FY2017 revenue view $427.2 million -- Thomson Reuters I/B/E/S.Q4 revenue view $108.9 million -- Thomson Reuters I/B/E/S.  Full Article

Jpmorgan Chase & Co reports 10 pct passive stake in Evolent Health Inc as of Sept. 29
Thursday, 5 Oct 2017 

Oct 5 (Reuters) - Evolent Health Inc :Jpmorgan chase & co reports 10 percent passive stake in Evolent Health Inc as of September 29, 2017 - SEC filing.  Full Article

Evolent Health announces proposed expansion of relationships in Illinois and New Mexico
Wednesday, 27 Sep 2017 

Sept 27 (Reuters) - Evolent Health Inc :Evolent Health announces proposed expansion of relationships in Illinois and New Mexico.Evolent Health-Evolent's combined administrative services revenue for contracting with both entities is expected to be approximately $20 million in 2018.Evolent Health -‍in New Mexico, co entered unique agreement to acquire assets of commercial business from New Mexico Health Connections for $10.25 million in cash​.Evolent Health Inc says ‍NMHC will continue to operate as an independent non-profit health care organization operating throughout state of New Mexico​.  Full Article