secwatch.observer — SEC 8-K summary
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Issuer:     Elevance Health, Inc. (ELV)
CIK:        0001156039
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0001193125-24-056688
Event type: regulatory
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Reaffirms FY2024 EPS >$34.29; CMS Star update adds ~$190M benefit
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- Net income guidance >$34.29/sh, includes ~$2.81/sh unfavorable items; adjusted >$37.10/sh.
- Four Medicare Advantage contracts received higher 2024 Star Ratings from CMS.
- ~49% of MA members now in plans rated 4-Star+ based on Jan 2024 enrollment.
- Estimated $190M financial benefit from reconsideration for payment year 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1156039/000119312524056688/0001193125-24-056688-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1156039/000119312524056688/d806565d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-056688

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer