Anthem Project Part I & II final .docx

In addition the company has many non core office

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Richmond, VA; Norfolk, VA; Virginia Beach, VA; Indianapolis, IN; Mason, OH; Atlanta, GA. In addition the company has many non-core office location in states like CT, NY, NJ, MN, CA, CO, NH. 2. Strategy and Competition in Health Care Service Industry Anthem Inc announced on its 2018 Q1 Investor Call that it expects to experience 9 to 11 Percent annual growth over the next five years. This growth will be driven by mergers and acquisitions as well as raw organic growth through improved operating efficiencies. Listed below are the four main opportunities that are expected to drive this growth. Medicare Advantage business has experienced faster growth than the industry average. This growth has been driven mostly by a strong sales performance during the election period. As a result, Anthem is devoting more of its assets to developing this area of its business and expects to continue to beat industry averages. Florida is the fastest growing state for the Medicare Advantage business and Anthem is solidify its market share through its recently completed acquisitions of America’s 1 st Choice and HealthSun. Currently, Anthem only has 5.57% of the Florida market share and expects to see large increases in the Florida market because of these two Acquisitions. Anthem Market share % MBA602 Financial Analysis and Valuation, Group Project –Anthem Inc Valuation Page 4
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Anthem is joining forces with Arkansas Provider Coalition, in order to better serve the Medicaid community. Historically, Anthem has experienced success with Medicaid Joint ventures and this will be their eighth Medicaid alliance. The year 2018 will consist of providing behavioral health management services and in 2019 Anthem will move into a full-risk health management product role. The Blue Cross Blue Shield of Minnesota partnership will start in the fall of 2018. This partnership will serve approximately 375,000 Medicaid members and provide sustainable long term growth. Source: - transcript?page=3 In addition, the five quality dimensions that make up Anthem Inc’s quality pillars – clinical quality, service quality, quality compliance, clinical programs, and wellness – are crucial to Anthem’s success and essential to achieving excellence and setting apart from its competitors like United Health Group, Aetna, Cigna and Humana. The company is strongly focused in transforming Healthcare by providing superior Healthcare services for the millions of people it serves. 3. Financial Information MBA602 Financial Analysis and Valuation, Group Project –Anthem Inc Valuation Page 5
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The below table presents financial information over the last 5 years. This is useful in analyzing Anthem Inc financial performance over several years and evaluate future growth prospects for its stocks. Income Statement MBA602 Financial Analysis and Valuation, Group Project –Anthem Inc Valuation Page 6
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Balance Sheet MBA602 Financial Analysis and Valuation, Group Project –Anthem Inc Valuation Page 7
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Source: As seen from the above table, Anthem Inc financial results reflect solid performance across its various business segments.
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