# If Elevance Health, Inc. moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/elevance-health · Facet: ripple · Updated: 2026-09-11T15:32:31.337229+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Elevance Health, Inc. is directly linked to 2 companies (1 supply, 0 revenue, 1 investment relationships) and reaches 19 companies within two hops; the links are backed by 6 dated sources, 3 of them primary filings (as of 2026-09-11).

Elevance Health, Inc. operates across Integrated U.S. health insurer. It is +17.4% in 2026. The stock (+17.4%) and its supply side (avg +24.7%) are moving in step. Through Carelon, it sells pharmacy benefit and healthcare services while paying medical claims and vendors that support pharmacy and virtual care.

## Supply chain (benefiting)
- T1 CVS Health (https://valuechain.wiki/cvs-health.md)
- T2 Cardinal Health, Inc. (https://valuechain.wiki/cardinal-health.md)
- T3 Bristol-Myers Squibb Company (https://valuechain.wiki/bristol-myers-squibb.md)
- T3 Moderna (https://valuechain.wiki/moderna.md)
- T3 AbbVie (https://valuechain.wiki/abbvie.md)
- T3 Amgen (https://valuechain.wiki/amgen.md)
- T3 Gilead Sciences, Inc. (https://valuechain.wiki/gilead-sciences.md)
- T3 Pfizer Inc. (https://valuechain.wiki/pfizer.md)
- T3 Lilly (Eli) (https://valuechain.wiki/lilly-eli.md)
- T3 Becton, Dickinson and Company (https://valuechain.wiki/becton-dickinson.md)
- T3 Dexcom (https://valuechain.wiki/dexcom.md)
- T2 McKesson Corporation (https://valuechain.wiki/mckesson.md)
- T3 Vertex Pharmaceuticals Incorporated (https://valuechain.wiki/vertex-pharmaceuticals.md)
- T3 Merck & Co. (https://valuechain.wiki/merck-co.md)
- T3 Johnson & Johnson (https://valuechain.wiki/johnson-johnson.md)
- T3 Biogen Inc. (https://valuechain.wiki/biogen.md)
- T2 Target Corporation (https://valuechain.wiki/target.md)
- T3 Apple (https://valuechain.wiki/apple.md)
- T3 Starbucks Corp (https://valuechain.wiki/starbucks.md)
- T3 Ulta Beauty, Inc. (https://valuechain.wiki/ulta-beauty.md)
- T1 BlackRock (https://valuechain.wiki/blackrock.md)
- T2 Ross Stores (https://valuechain.wiki/ross-stores.md)
- T3 Federal Realty Investment Trust (https://valuechain.wiki/federal-realty-investment-trust.md)
- T3 Simon Property Group (https://valuechain.wiki/simon-property-group.md)
- T2 Incyte Corporation (https://valuechain.wiki/incyte.md)
- T2 Microsoft (https://valuechain.wiki/microsoft.md)
- T3 Seagate Technology (https://valuechain.wiki/seagate.md)
- T3 AMD (https://valuechain.wiki/amd.md)
- T3 TSMC (https://valuechain.wiki/tsmc.md)
- T3 Astera Labs (https://valuechain.wiki/astera-labs.md)
- T3 Intel (https://valuechain.wiki/intel.md)
- T3 Marvell (https://valuechain.wiki/marvell.md)
- T3 NVIDIA (https://valuechain.wiki/nvidia.md)
- T3 Quanta Computer (https://valuechain.wiki/quanta.md)
- T3 Credo Technology (https://valuechain.wiki/credo.md)
- T3 Foxconn (Hon Hai) (https://valuechain.wiki/foxconn.md)
- T3 Western Digital (https://valuechain.wiki/western-digital.md)
- T3 Arista Networks (https://valuechain.wiki/arista.md)
- T3 CoreWeave (https://valuechain.wiki/coreweave.md)
- T3 Constellation Energy (https://valuechain.wiki/constellation-energy.md)
- T3 OpenAI (https://valuechain.wiki/openai.md)
- T3 IREN (https://valuechain.wiki/iren.md)
- T3 IonQ (https://valuechain.wiki/ionq.md)
- T3 Wiwynn (https://valuechain.wiki/wiwynn.md)
- T3 Eaton (https://valuechain.wiki/eaton.md)
- T3 Schneider Electric (https://valuechain.wiki/schneider-electric.md)
- T3 GE Vernova (https://valuechain.wiki/ge-vernova.md)
- T3 Vertiv (https://valuechain.wiki/vertiv.md)
- T3 Ciena (https://valuechain.wiki/ciena.md)
- T3 Caterpillar (https://valuechain.wiki/caterpillar.md)
- T3 Nebius Group (https://valuechain.wiki/nebius.md)
- T3 Cummins (https://valuechain.wiki/cummins.md)
- T3 Super Micro (https://valuechain.wiki/super-micro.md)
- T3 Sumitomo Electric (https://valuechain.wiki/sumitomo-electric.md)
- T3 ABB (https://valuechain.wiki/abb.md)
- T3 Equinix (https://valuechain.wiki/equinix.md)
- T3 Digital Realty (https://valuechain.wiki/digital-realty.md)
- T3 Brookfield Asset Management Ltd. (https://valuechain.wiki/brookfield.md)
- T3 Automatic Data Processing, Inc. (https://valuechain.wiki/automatic-data-processing.md)
- T3 3M Company (https://valuechain.wiki/3m.md)
- T3 Occidental Petroleum (https://valuechain.wiki/occidental-petroleum.md)
- T3 Take-Two Interactive Software, Inc. (https://valuechain.wiki/take-two-interactive.md)
- T3 Expedia Group, Inc. (https://valuechain.wiki/expedia-group.md)
- T3 WEC Energy Group (https://valuechain.wiki/wec-energy-group.md)
- T3 Legrand (https://valuechain.wiki/legrand.md)
- T2 Altria Group, Inc. (https://valuechain.wiki/altria.md)
- T3 Philip Morris International Inc. (https://valuechain.wiki/philip-morris-international.md)
- T2 Marathon Petroleum Corporation (https://valuechain.wiki/marathon-petroleum.md)
- T3 Archer-Daniels-Midland Company (https://valuechain.wiki/archer-daniels-midland.md)
- T2 Targa Resources Corp. (https://valuechain.wiki/targa-resources.md)
- T2 ONEOK, Inc. (https://valuechain.wiki/oneok.md)
- T3 Apollo Global Management (https://valuechain.wiki/apollo-global-management.md)
- T2 Edwards Lifesciences Corporation (https://valuechain.wiki/edwards-lifesciences.md)
- T3 State Street Corporation (https://valuechain.wiki/state-street.md)
- T2 Public Service Enterprise Group Incorporated (https://valuechain.wiki/public-service-enterprise-group.md)
- T3 Cheryong Electric (https://valuechain.wiki/cheryong-electric.md)
- T3 Taihan Cable & Solution (https://valuechain.wiki/taihan-cable-solution.md)
- T2 Old Dominion Freight Line, Inc. (https://valuechain.wiki/old-dominion.md)
- T2 Zoetis Inc. (https://valuechain.wiki/zoetis.md)
- T2 American Water Works (https://valuechain.wiki/american-water-works.md)
- T3 Kuraray (https://valuechain.wiki/kuraray.md)
- T2 Hubbell Incorporated (https://valuechain.wiki/hubbell-incorporated.md)
- T3 NXP Semiconductors (https://valuechain.wiki/nxp.md)
- T3 Amazon (https://valuechain.wiki/amazon.md)
- T2 Edison International (https://valuechain.wiki/edison-international.md)
- T3 Tesla (https://valuechain.wiki/tesla.md)
- T3 LG Chem (https://valuechain.wiki/lg-chem.md)

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Full node: https://valuechain.wiki/elevance-health.md · JSON: https://valuechain.wiki/elevance-health.json