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home / news releases / clover health new business model is a game changer

ELV - Clover Health: New Business Model Is A Game Changer

Elevance Health Inc Com

2024-06-05 07:14:10 ET

Summary

  • Clover Health is making its AI-powered technology platform, Clover Assistant, available for other Medicare Advantage payors and providers under the brand name Counterpart Assistant.
  • The new offering will employ a hybrid SaaS and shared-savings revenue model, with options for full capitation, which will boost its margins.
  • Counterpart Assistant could be highly coveted due to its ability to diagnose chronic diseases early, which helps reduce healthcare costs for insurers.
  • My price target for Clover Health is $2.45, representing 120% upside from its current valuation.

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For further details see:

Clover Health: New Business Model Is A Game Changer
Stock Information
Company Name: Elevance Health Inc Com
Stock Symbol: ELV
Market: NYSE
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