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Elevance Health10-Q: Competitor named

Elevance flags risk of non-compliance in pharmacy agreement with competitor Caremark (CVS Health).

What happened

The company highlights a risk of 'non-compliance' in its critical pharmacy services agreement with CaremarkPCS Health, L.L.C. (a subsidiary of competitor CVS Health). This operational dependency on a major rival creates significant business risk and could trigger a search for alternative pharmacy benefit management (PBM) solutions or technologies to mitigate this vulnerability.

Source

SEC EDGARJul 15, 2026

Quarterly report (Form 10-Q)

Elevance Health 10-Q

Filing excerpt

risks associated with providing healthcare, pharmacy and other diversified products and services, including medical malpractice or professional liability claims and non-compliance by any party with the pharmacy services agreement between us and CaremarkPCS Health, L.L.C.;

sec.gov/Archives/edgar/data/1156039/000115603926000060/elv-20260630.htmRead the full source

Other signals in this filing (5)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Competitor named

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
06/30
Filed
Jul 15, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Details

CIK
1156039
Accession number
0001156039-26-000060
Filing year
2026
Fiscal year
0
Why it matters
Competitive intelligence
Signal category
Market

Topics and mentions

Vendors

  • CaremarkPCS Health
  • L.L.C.

Vendors named

  • CaremarkPCS Health, L.L.C.

Extraction

Confidence
High
Relevance
90%
Sentiment
Negative
Detected
Jul 21, 2026
signal_type
sec-10q
signal_subtype
competitorNamed

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/d1e33aa1-c148-4bff-a403-8f6843a781dc returns this record as JSON. POST /v1/companies/enrich returns every signal for elevancehealth.com.

{
  "signal_id": "d1e33aa1-c148-4bff-a403-8f6843a781dc",
  "signal_type": "sec-10q",
  "signal_subtype": "competitorNamed",
  "detected_at": "2026-07-21T07:03:16.21+00:00",
  "company": {
    "name": "Elevance Health",
    "domain": "elevancehealth.com"
  },
  "data": {
    "detail": "The company highlights a risk of 'non-compliance' in its critical pharmacy services agreement with CaremarkPCS Health, L.L.C. (a subsidiary of competitor CVS Health). This operational dependency on a major rival creates significant business risk and could trigger a search for alternative pharmacy benefit management (PBM) solutions or technologies to mitigate this vulnerability.",
    "summary": "Elevance flags risk of non-compliance in pharmacy agreement with competitor Caremark (CVS Health).",
    "excerpts": "risks associated with providing healthcare, pharmacy and other diversified products and services, including medical malpractice or professional liability claims and non-compliance by any party with the pharmacy services agreement between us and CaremarkPCS Health, L.L.C.;",
    "relevance": 0.9,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1156039/000115603926000060/elv-20260630.htm",
    "filing_date": "2026-07-15",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "06/30",
    "sales_relevance": "Competitive intelligence",
    "signal_category": "market",
    "vendors_mentioned": [
      "CaremarkPCS Health, L.L.C."
    ],
    "competitors_mentioned": [
      "CaremarkPCS Health, L.L.C."
    ]
  }
}

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