Filing Flows › Industries › Hospital & Medical Service Plans › Capital spending and supply chain
Hospital & Medical Service Plans: capital spending and supply chain
SIC 6324 · 9 companies with filed cash-flow statements
Analysis
9 companies in Hospital & Medical Service Plans (SIC 6324) spent $6.0B on capital projects over their latest twelve months, 13% of the $47.1B their operations generated; the three largest spenders — UNH, ELV, CNC — account for 87%.
Capital spending is 0.4% of the industry's $1.37T of annual revenue.
By the industry's asset mix most of it goes to software (72%); about $721M is imported.
The largest supplier of that spending is software publishers ($2.1B).
Its largest supplying industries, by the input-output tables: insurance agencies, brokerages, and related activities ($70.6B), insurance carriers, except direct life ($21.5B), other real estate ($7.3B).
Charts
Capital spending by company
| Company | Capital spending | Operating cash flow | Capex / OCF | Period |
|---|---|---|---|---|
| UNH UnitedHealth Group | $3.4B | $26.2B | 13% | TTM to Q3 2026 |
| ELV Elevance Health | $1.1B | $7.6B | 14% | TTM to Q3 2026 |
| CNC Centene | $781M | $4.7B | 17% | TTM to Q3 2026 |
| HUM Humana | $592M | $3.7B | 16% | TTM to Q3 2026 |
| MOH Molina Healthcare | $93.0M | $331M | 28% | TTM to Q3 2026 |
| OSCR Oscar Health | $40.9M | $4.2B | 1% | TTM to Q3 2026 |
| ALHC Alignment Healthcare | $31.0M | $108M | 29% | TTM to Q3 2026 |
| TRUP Trupanion | $8.8M | $95.6M | 9% | TTM to Q3 2026 |
| CLOV Clover Health Investments | $3.0M | $135M | 2% | TTM to Q3 2026 |
Customers and suppliers named in annual reports
| Supplier | Customer | Share of supplier revenue | Evidence | Source |
|---|---|---|---|---|
| HUM | U.S. government | 83% | Stated in 10-K (sentence) | filing |
| ELV | U.S. government | 32% | Stated in 10-K (sentence) | filing |
| COR | CI | 13% | Stated in 10-K (sentence) | filing |
| HUM | Medicare & Medicaid | 14% | Stated in 10-K (sentence) | filing |
| MOH | Medicare & Medicaid | 13% | Stated in 10-K (sentence) | filing |
| SLQT | HUM | 39% | Stated in 10-K (sentence) | filing |
| EVH | MOH | 26% | Stated in 10-K (XBRL) | filing |
| EVH | CNC | 12% | Stated in 10-K (XBRL) | filing |
| EHTH | HUM | 35% | Stated in 10-K (customer table) | filing |
| HNGE | ELV | 17% | Stated in 10-K (sentence) | filing |
| AMWL | ELV | 24% | Stated in 10-K (sentence) | filing |
| SYRA | HUM | 37% | Stated in 10-K (sentence) | filing |
| AMZN | OSCR | — | Stated in 10-K (named, share not stated) | filing |
The interactive money flow: switch views, follow each dollar →
Evidence grades: A filed figure · B computed from filed figures · C industry average (BEA input-output and fixed-asset tables) applied to filed figures. Estimates are not the companies’ own records. Not investment advice.