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Health tech evolves: Evolent Health files for a $100 million IPO

May 5, 2015
EVH

Evolent Health, which offers health care providers a software platform that manages a value-based care model, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.

The Arlington, VA-based company, which was founded in 2011 and booked $101 million in sales for the fiscal year ended December 31, 2014, plans to list on the NYSE under the symbol EVH. Evolent Health initially filed confidentially on 12/24/2014. J.P. Morgan and Goldman Sachs are the joint bookrunners on the deal. No pricing terms were disclosed.