Change Healthcare Inc., an independent healthcare technology platform, provides data and analytics-driven solutions to improve clinical, financial, and patient engagement outcomes in the United States healthcare system.
The last earnings update was 42 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Change Healthcare. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Change Healthcare's earnings available for a low price, and how does
this compare to other companies in the same industry?
Change Healthcare's earnings are expected to grow significantly at over 20% yearly.
Unable to determine if Change Healthcare is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Change Healthcare's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Change Healthcare's finances.
The net worth of a company is the difference between its assets and liabilities.
Change Healthcare's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Change Healthcare's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Change Healthcare's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Change Healthcare has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
Mr. Neil E. de Crescenzo, IV serves as President and Chief Executive Officer at Change Healthcare, Inc. Mr. de Crescenzo has been a Director of Change Healthcare Inc. since June 26, 2019. He has been the Chief Executive Officer and President at Change Healthcare Corporation since September 2013 and Change Healthcare Holdings, Inc. since September 30, 2013. Mr. de Crescenzo served as a Senior Advisor at The Blackstone Group L.P. He serves as Director At-Large of Nashville Health Care Council. He advises Blackstone on current and future health care technology and services investments. Mr. de Crescenzo began his career in investment banking, working with U.S. and European clients in the areas of corporate finance and mergers and acquisitions. He served as Senior Vice President an General Manager of Health Sciences Global Business Unit of Oracle Corporation since June 2008. He was employed at NexPrise, Inc. He joined Oracle in 2006. He has experience as President and General Manager of Chemdex since January 2000. He served as Global Services Executive for IBM Global Services from August 1999 to December 1999. He served as Director of Global Strategy for IBM Corporation's Public Sector business unit from January 1999 to August 1999 and as Director of Global Marketing and Business Development for its Global Healthcare business unit from October 1996 to January 1999. From October 1994 to October 1996, he served as a Principal with New Health Ventures, an operating unit of Blue Cross Blue Shield of Massachusetts. He serves as a Director of Change Healthcare Corporation. He has been a Director at Change Healthcare Holdings, Inc.(Emdeon Inc.) since September 2013. Mr. de Crescenzo earned a B.A. in Political Science from Yale University and an M.B.A. from Northeastern University.
Insufficient data for Neil to compare compensation growth.
Insufficient data for Neil to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Neil de Crescenzo
Executive VP of Research & Development
Executive VP & General Counsel
Chief People Officer & Executive VP
Executive VP & President of Network Solutions
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Change Healthcare board of directors is less than 3 years, this suggests a new board.
Board of Directors
Chairman of the Board
Neil de Crescenzo
Who owns this company?
Recent Insider Trading
No 3 month individual insider trading information.
Change Healthcare Inc., an independent healthcare technology platform, provides data and analytics-driven solutions to improve clinical, financial, and patient engagement outcomes in the United States healthcare system. It operates in three segments: Software and Analytics, Network Solutions, and Technology-Enabled Services. The Software and Analytics segment provides software and analytics solutions for financial performance, payment accuracy, clinical decision management, value-based payment, provider and consumer engagement, and imaging and clinical workflow. The Network Solutions segment enables financial, administrative, and clinical transactions; electronic business-to-business and consumer-to-business payments; and aggregation and analytics of clinical and financial data. The Technology-Enabled Services segment provides solutions for financial and administrative management, value-based care, communication and payment, pharmacy benefits administration, and healthcare consulting. The company was founded in 2016 and is headquartered in Nashville, Tennessee. Change Healthcare Inc.(NasdaqGS:CHNG) operates independently of McKesson Corporation as of June 26, 2019.
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