GURU.Markets stock price, segment price, and overall market index valuation
The company's share price Evolent Health Inc.
Evolent Health provides a technology and services platform for insurers and healthcare providers. Its stock price reflects the American healthcare system's transition to value-based care models, where payment is based on treatment outcomes.
Share prices of companies in the market segment - It med
Evolent Health is a technology and services company operating in the healthcare sector. Its business helps doctors and hospitals transition to quality-based payment models. We classify it as part of the IT medical sector, and the chart below reflects the dynamics of the entire HealthTech industry.
Broad Market Index - GURU.Markets
Evolent Health provides a technology and services platform that helps insurers and hospitals transition to payment models based on quality of care. As part of the GURU.Markets index, it represents the Health-tech sector. The chart below represents the entire market. See how Evolent shares compare to the overall trend.
Change in the price of a company, segment, and market as a whole per day
EVH - Daily change in the company's share price Evolent Health Inc.
Change_co for Evolent Health, a medical expense management company, reflects sensitivity to changes in the healthcare system. Daily fluctuations reflect the response to contract negotiations with insurance companies. This metric is important for analyzing companies in the healthcare IT sector on System.GURU.Markets.
Daily change in the price of a set of shares in a market segment - It med
Evolent Health, Inc. is a healthcare technology company. This chart shows the average daily volatility of the sector. Comparison with EVH's performance, which focuses on the Value-Based Care model, helps assess its sensitivity to Medicare rates.
Daily change in the price of a broad market stock, index - GURU.Markets
Evolent Health provides technology and clinical solutions for healthcare providers and insurers. Its business operates at the intersection of IT and medicine. The chart below shows the volatility in the healthcare sector, which helps assess the stability of Evolent's business.
Dynamics of market capitalization of the company, segment and the market as a whole over 12 months
Annual dynamics of the company's market capitalization Evolent Health Inc.
Evolent is a medical technology company providing services and analytics for the healthcare sector. Its business depends on spending on modernizing medicine. The company's stock price reflects these trends and is part of the overall volatility of the innovation sector.
Annual dynamics of market capitalization of the market segment - It med
Evolent Health, Inc. provides clinical and administrative solutions for insurers and healthcare providers. Its platform is helping them transition to an outcomes-oriented model. The graph shows how its key role in this complex healthcare transformation is impacting its growth.
Annual dynamics of market capitalization of broad market stocks, index - GURU.Markets
Evolent, a healthcare management technology platform company, operates in a defensive and growth sector. Its stock price reflects a long-term trend toward increased efficiency in medicine, not short-term economic cycles. The chart tells the story of how technology is transforming a conservative industry.
Dynamics of market capitalization of the company, segment and the market as a whole for the month
Monthly dynamics of the company's market capitalization Evolent Health Inc.
Evolent, a company providing clinical and administrative solutions for insurance companies and hospitals operating on a value-based care model, shows monthly fluctuations in the chart, reflecting the growth in enrollment in its programs and the demand for healthcare optimization services.
Monthly dynamics of market capitalization of the market segment - It med
The healthcare IT services sector is growing amid healthcare systems' drive for efficiency and the transition to a value-based model. Its market capitalization dynamics, shown in the graph, reflect the demand for data analytics technologies. This is an environment in which companies like Evolent Health are helping to optimize costs.
Monthly dynamics of market capitalization of broad market stocks, index - GURU.Markets
Evolent Health provides IT solutions for healthcare. Demand for cost optimization in healthcare is constant, which could give the company's shares stability and outperforming growth potential, as it addresses a fundamental problem in the industry.
Dynamics of market capitalization of the company, segment and the market as a whole for the week
Weekly dynamics of the company's market capitalization Evolent Health Inc.
Short-term fluctuations in Evolent Health, a provider of IT solutions for healthcare, reflect trends toward cost optimization in the medical field. News of contracts with major insurance companies or hospital networks, as well as healthcare reforms, impact its shares.
Weekly dynamics of market capitalization of the market segment - It med
Evolent Health and the entire medical IT solutions sector are growing on the general trend of healthcare transitioning to value-based models. The pursuit of efficiency is a driving force for everyone. The chart below shows how the company competes for share in this promising market.
Weekly dynamics of market capitalization of stocks of the broad market, index - GURU.Markets
Evolent Health, as a healthcare company, can demonstrate defensive properties. Demand for optimized medical services is independent of the state of the economy. The chart allows you to compare its performance with the S&P 500 and determine whether it represents a safe haven.
Market capitalization of the company, segment and market as a whole
EVH - Market capitalization of the company Evolent Health Inc.
Evolent Health's market capitalization is the financial valuation of a company providing clinical and technological solutions for the transition to value-based medicine. The chart reflects the demand from payers and providers for population health management tools. Its dynamics tell the story of how the US healthcare system is attempting to shift its focus from quantity to quality of services.
EVH - Share of the company's market capitalization Evolent Health Inc. within the market segment - It med
Evolent Health provides clinical and administrative solutions for insurers and healthcare providers. Its share of the healthcare IT sector reflects its role in the transition to a pay-for-performance model. The chart shows the company's importance as a partner helping optimize costs and improve the quality of care.
Market capitalization of the market segment - It med
Evolent Health is a technology and services partner for healthcare providers. The chart below shows the overall market capitalization of the healthcare IT sector. Its growth reflects the shift toward value-based medicine. Evolent helps hospitals and physicians achieve this transformation with greater efficiency.
Market capitalization of all companies included in a broad market index - GURU.Markets
The digitalization of healthcare, visible in the graph, is aimed at increasing efficiency. Evolent Health provides a technology and service platform for insurers and hospitals. Its market capitalization is determined by its ability to help clients transition to payment models based on the quality of care rather than the quantity of services.
Book value capitalization of the company, segment and market as a whole
EVH - Book value capitalization of the company Evolent Health Inc.
Evolent Health's chart provides the tangible foundation for the transition to value-based medicine. The growth in book value reflects investments in technology platforms and analytical tools. This is the physical and software infrastructure that helps hospitals and insurers improve treatment outcomes.
EVH - Share of the company's book capitalization Evolent Health Inc. within the market segment - It med
Evolent Health, a healthcare technology and services company, has a relatively lightweight asset structure. Its share of the sector's physical assets is comprised of its operations centers and IT infrastructure. The chart shows that its value is derived from its platform, not its hospital ownership.
Market segment balance sheet capitalization - It med
In the capital-intensive healthcare sector, Evolent Health is an asset-light IT player. The industry's asset chart reflects the value of hospitals. Evolent provides software and services that help doctors and hospitals operate more efficiently.
Book value of all companies included in the broad market index - GURU.Markets
Evolent Health, Inc. provides clinical and administrative solutions for hospitals and insurance companies. Its book value reflects its technology platform as well as the value of acquired companies that have expanded its healthcare management capabilities.
The ratio of market capitalization to book capitalization of a company, segment, and the market as a whole
Market capitalization to book capitalization ratio - Evolent Health Inc.
Evolent Health is a healthcare technology and services company. Its valuation reflects its software platforms and its ability to help insurers and hospitals manage costs and transition to quality-based care models.
Market to book capitalization ratio in a market segment - It med
Evolent Health offers clinical and administrative solutions for healthcare providers and payers. It is a technology and services company. The chart shows that its primary value lies in its platform and contracts, rather than physical assets, which is reflected in its high market valuation relative to its book value.
Market to book capitalization ratio for the market as a whole
Evolent Health provides clinical and administrative solutions for insurers and healthcare providers, helping them transition to a value-based model. Compared to average market valuations, as shown in this chart, its premium reflects its key role in transforming the complex US healthcare system.
Debts of the company, segment and market as a whole
EVH - Company debts Evolent Health Inc.
Evolent Health provides clinical and administrative solutions for healthcare providers and insurers, helping them transition to outcomes-based payment models. The company's growth is often driven by investments in its technology platform and acquisitions. This chart illustrates how the company is using debt capital to finance its expansion into the IT healthcare sector.
Market segment debts - It med
Evolent Health provides clinical and administrative solutions for healthcare providers. The company grows both organically and through acquisitions. The integration of new businesses and the development of IT platforms can be financed with debt. This chart illustrates how the company's debt policy supports its growth strategy in the medical technology sector.
Market debt in general
Debt to book value of the company, segment and market as a whole
The company's debt to book capitalization ratio Evolent Health Inc.
Evolent Health provides IT solutions and services for the healthcare industry. This chart reflects its capital structure and leverage. In the technology sector, debt is often used for acquisitions and to accelerate growth. Investors need to evaluate how effectively the company integrates acquired assets and generates synergies to justify its leverage.
Market segment debt to market segment book capitalization - It med
Evolent Health provides clinical and administrative solutions for healthcare providers and payers. The healthcare IT sector is rapidly evolving, requiring investment in technology. This chart shows the overall debt burden in the industry, allowing us to assess how Evolent is funding its innovation and customer base expansion compared to other players.
Debt to book value of all companies in the market
Evolent Health, Inc. provides clinical and administrative solutions for healthcare systems. Its business model is based on a technology platform, but growth may require acquisitions. This chart shows general trends in debt use, which helps understand Evolent's financial strategy: whether it is focusing on organic growth or leveraging for M&A.
P/E of the company, segment and market as a whole
P/E - Evolent Health Inc.
This chart for Evolent Health shows how the market values โโa company striving to make healthcare more efficient. It provides IT solutions for the transition to pay-for-performance models. Its high P/E reflects investors' belief that technology and analytics will help reduce healthcare costs, creating a large market for the company.
P/E of the market segment - It med
Evolent Health provides clinical and administrative solutions for insurers and healthcare providers, helping them transition to outcomes-based payment models. This chart shows the average rating for the healthcare IT services sector, helping to understand how the market views Evolent's role in reforming the American healthcare system.
P/E of the market as a whole
Evolent Health provides clinical and administrative solutions for payers and healthcare providers, helping them transition to value-based care models. Its growth is fueled by the trend toward improved healthcare efficiency. This general sentiment trend influences its clients, but for Evolent, long-term reforms in the US healthcare system are more important.
Future P/E of the company, segment and market as a whole
Future (projected) P/E of the company Evolent Health Inc.
Evolent Health provides clinical and administrative solutions for healthcare providers and payers, helping them transition to quality-based payment models. The company's growth depends on healthcare reform. This chart shows market expectations regarding the speed of implementation of new payment models and Evolent's future profitability during this process.
Future (projected) P/E of the market segment - It med
Evolent Health provides clinical and administrative solutions to healthcare providers and health plans, helping them transition to value-based models. This chart shows the overall profitability expectations for the healthcare IT sector. EVH's position relative to the average reflects market opinion on the effectiveness of their platform and the speed of industry adoption.
Future (projected) P/E of the market as a whole
Evolent Health provides clinical and administrative solutions for healthcare providers. Healthcare efficiency is a long-term trend. This chart of overall market expectations allows you to assess how much investor focus is on stable, industry-changing companies versus high-growth companies.
Profit of the company, segment and market as a whole
Company profit Evolent Health Inc.
Evolent Health provides clinical and administrative solutions for healthcare providers and health plans, helping them transition to quality-based payment models. This chart reflects the success of their platform: the more clients use their services to optimize costs, the higher their profits.
Profit of companies in the market segment - It med
Evolent Health provides clinical and administrative solutions for healthcare providers and payers, helping them transition to value-based models. This chart shows the overall revenue stream in the healthcare IT sector. It reflects the overall trends in healthcare digitalization and how technology helps optimize costs and improve patient outcomes system-wide.
Overall market profit
Evolent Health provides technological solutions to optimize the work of health insurers and hospitals. When the economy is stable, reflected in rising overall profits, healthcare institutions invest more actively in IT infrastructure to improve efficiency. This directly drives demand for the Evolent platform, making it a crucial component in the modernization of medicine.
Future (predicted) profit of the company, segment and market as a whole
Future (projected) profit of the company Evolent Health Inc.
Evolent Health provides clinical and administrative solutions for healthcare providers and payers, helping them transition to value-based models. This chart shows analysts' forecasts for future revenue, reflecting their belief in the growth of the outcomes-based healthcare market and Evolent's ability to secure new partnerships.
Future (predicted) profit of companies in the market segment - It med
Evolent Health provides clinical and administrative solutions for hospitals and insurance companies, helping them transition to outcomes-based payment models. The company's growth depends on reforms in the healthcare system. This chart shows profitability forecasts for the IT healthcare sector, helping to understand the relevance of Evolent's business model in a changing industry.
Future (predicted) profit of the market as a whole
Evolent Health provides clinical and administrative solutions for healthcare providers. Its business is growing as the healthcare system strives for efficiency. While the sector is resilient, the overall economic situation, as reflected in the graph, is impacting clients' budgets and their willingness to invest in new technology platforms.
P/S of the company, segment and market as a whole
P/S - Evolent Health Inc.
Evolent Health offers clinical and administrative solutions for healthcare providers and insurers. This chart shows how the market views its platform and its ability to help clients reduce costs and improve quality of care. The increase reflects confidence in the scalability of its business model and long-term contracts.
P/S market segment - It med
Evolent Health provides clinical and administrative solutions for healthcare providers and insurance plans, helping them transition to outcomes-based payment models. Revenue is generated from fees for services and software. This chart shows the average revenue estimate in the healthcare IT sector, highlighting the value of Evolent's platform for healthcare transformation.
P/S of the market as a whole
Evolent Health provides clinical and administrative solutions for healthcare providers and payers, helping them transition to value-based models rather than volume-based ones. Revenue growth is driven by new partnerships. This chart shows the overall revenue estimate, providing insight into how the market values โโthis company at the intersection of IT and healthcare.
Future P/S of the company, segment and market as a whole
Future (projected) P/S of the company Evolent Health Inc.
Evolent Health provides clinical and administrative solutions to health insurers and health systems, helping them transition to outcomes-based payment models. This chart shows how investors estimate the company's future revenue. It reflects expectations for new contracts and growing demand for cost optimization in healthcare.
Future (projected) P/S of the market segment - It med
Evolent Health provides clinical and administrative solutions for payers and healthcare providers, helping them transition to value-based payment models. The company's valuation reflects investors' confidence in ongoing healthcare reform and growing demand for its technology platform, which helps manage costs and quality of care.
Future (projected) P/S of the market as a whole
Evolent Health provides clinical and administrative solutions for healthcare systems. The company helps optimize costs and improve treatment outcomes. This chart reflects general expectations, as Evolent Health works to improve the efficiency of one of the largest sectors of the economy.
Sales of the company, segment and market as a whole
Company sales Evolent Health Inc.
Evolent Health helps healthcare providers and insurance plans transition to value-based care models. Revenue, as reported here, is generated by providing technology platforms and clinical services for population health management. Growth is dependent on new partnerships in the healthcare sector.
Sales of companies in the market segment - It med
Evolent Health (EVH) provides clinical and administrative solutions to insurers and health systems, helping them transition to value-based care. This chart shows revenue from the healthcare IT sector, where Evolent's platform plays a central role in optimizing costs and improving the quality of healthcare services in the United States.
Overall market sales
Evolent Health provides clinics and hospitals with software and services to transition to quality-based payment models. The growth in overall economic activity, visible in this graph, is driving investment in healthcare. Hospitals are increasingly adopting new technologies to improve efficiency, directly driving demand for Evolent's solutions.
Future sales volume of the company, segment and market as a whole
Future (projected) sales of the company Evolent Health Inc.
Evolent Health provides clinical and administrative solutions for healthcare providers and payers, helping them transition to a performance-based payment model. Its revenue is dependent on new contract wins and the success of its clients. This chart shows analysts' revenue growth expectations, reflecting the trend toward cost optimization in healthcare.
Future (projected) sales of companies in the market segment - It med
Evolent Health provides clinical and administrative solutions for healthcare providers and payers (insurers). The forecast in this chart segments future revenue across these two main areas. This allows us to estimate which part of their businessโthe technology platform or clinical servicesโwill grow faster.
Future (projected) sales of the market as a whole
Evolent Health provides clinical and administrative solutions for insurers and healthcare providers, helping them transition to quality-based payment models. This graph, reflecting the overall economic climate, influences the pressure the healthcare system is under to reduce costs, which drives demand for Evolent's services.
Marginality of the company, segment and market as a whole
Company marginality Evolent Health Inc.
Evolent Health provides clinical and administrative solutions for healthcare providers and payers, helping them transition to value-based payment models. The company's profitability depends on the success of its technology platform in reducing healthcare costs. The chart below shows how the company is turning its IT solutions into financial benefits.
Market segment marginality - It med
#VALUE!
Market marginality as a whole
Evolent Health provides clinical and administrative solutions for healthcare systems. Its business model is focused on improving efficiency and reducing costs. This overall corporate profitability chart reflects pricing pressure in the economy. During periods of low margins, Evolent's clients (hospitals, insurers) actively seek optimization, increasing demand for its services.
Employees in the company, segment and market as a whole
Number of employees in the company Evolent Health Inc.
Evolent Health helps healthcare systems transition to quality-based payment models. Its team is a blend of clinicians and IT specialists. The growth in headcount in this graph represents the addition of new large hospital networks to the platform and the expansion of the range of analytical services provided.
Share of the company's employees Evolent Health Inc. within the market segment - It med
Evolent Health helps hospitals and insurers transition to value-based healthcare models, rather than service-based ones. This requires a combination of technology and expert services. This chart illustrates the company's scale, reflecting the size of its team of consultants, analysts, and clinicians working to improve healthcare system efficiency.
Number of employees in the market segment - It med
Evolent Health provides clinical and administrative solutions for healthcare providers. Employment in the medical IT sector, reflected in this chart, demonstrates the scale of the digital transformation of healthcare. The growing number of specialists indicates strong demand for Evolent's solutions, which help hospitals and insurers optimize costs and improve quality of care.
Number of employees in the market as a whole
Evolent Health offers clinical and administrative solutions for healthcare providers. The company's growth is driven by the healthcare industry's transition to a value-based care model. The employment dynamics in this chart provide context for the national labor market, whose healthcare needs Evolent helps serve more effectively.
Market capitalization per employee (in thousands of dollars) of the company, segment, and market as a whole
Market capitalization per employee (in thousands of dollars) of the company Evolent Health Inc. (EVH)
Evolent Health provides clinical and administrative solutions for hospitals and insurance companies based on its technology platform. The company is positioned at the intersection of IT and healthcare. This reflects how much the market values โโits platform's scalability and ability to improve healthcare system efficiency with a relatively small team.
Market capitalization per employee (in thousands of dollars) in the market segment - It med
Evolent Health provides clinical and administrative solutions for healthcare systems. It is a technology and services company whose success depends on the effectiveness of its platform. This chart shows how much the market values โโthe company's ability to optimize healthcare costs, which is reflected in its high cost per employee.
Market capitalization per employee (in thousands of dollars) for the overall market
Evolent Health provides clinical and administrative solutions for healthcare providers and payers. This chart shows how the market values โโthe hybrid IT and consulting model in healthcare. Value is created through a software platform and a team of experts who help clients optimize costs and improve service quality.
Profit per employee (in thousands of dollars) for the company, segment, and market as a whole
Profit per employee (in thousands of dollars) of the company Evolent Health Inc. (EVH)
Evolent Health provides technology platforms and services to healthcare providers (hospitals, physicians), helping them transition to value-based care models. It's an IT services business. This chart shows how effectively their platform helps clients save money and how well Evolent scales its services per employee.
Profit per employee (in thousands of dollars) in the market segment - It med
Evolent Health provides clinical and administrative IT solutions for healthcare systems. Their goal is to help hospitals and insurers transition to quality-based care models. This metric reflects the scalability of their IT platform and the profitability of their expert consulting services.
Profit per employee (in thousands of dollars) for the market as a whole
Evolent Health provides services and technologies for health insurers and providers (hospitals) to transition to value-based care payment models. It is an IT business in the healthcare sector. Efficiency is achieved through a software platform and a team of analysts. This indicator demonstrates how IT solutions help optimize costs in the labor-intensive healthcare industry, increasing the value created by each employee.
Sales to employees of the company, segment and market as a whole
Sales per company employee Evolent Health Inc. (EVH)
Evolent Health provides clinical and administrative solutions for healthcare providers and payers. Revenue per employee reflects the value of its technology platform and expert services. The chart shows how successfully the company is helping its clients transition to value-based care.
Sales per employee in the market segment - It med
Evolent Health (EVH) provides clinical and administrative solutions for healthcare providers and insurers, focusing on value-based care. This chart shows the average revenue per employee in the sector. It allows you to evaluate how effectively Evolent utilizes its staff for contract and data management compared to its competitors.
Sales per employee for the market as a whole
Evolent Health (EVH) provides clinical and administrative solutions for healthcare providers and payers (insurers), helping them transition to value-based care models. This chart shows the scalability of their solutions. The increasing metric suggests that their software platforms and analytics allow them to serve more patients with less relative growth in staff.
Short shares by company, segment and market as a whole
Shares shorted by company Evolent Health Inc. (EVH)
Evolent Health (EVH) provides clinical and administrative IT solutions to healthcare providers and insurers, helping them transition to value-based care models. This chart shows the volume of short positions. A rising figure may signal investor concerns about the complexity of the business model, the risk of losing large clients, or profitability issues. (346)
Shares shorted by market segment - It med
Evolent Health provides an IT platform and services to insurance companies and hospitals, helping them manage value-based care. This chart illustrates the overall sentiment in the sector, reflecting investor concerns about the complexity and low profitability of the healthcare IT market.
Shares shorted by the overall market
Evolent Health provides IT solutions for managing healthcare services. It would seem that this is in demand during a crisis. But when this chart shows rising fears, investors fear budget cuts. Facing a recession, hospitals may freeze the implementation of new, complex IT systems, even if they promise future savings.
RSI 14 indicator for a company, segment, and market as a whole
The company's RSI 14 indicator Evolent Health Inc. (EVH)
Evolent Health (EVH) is a technology and services platform company that helps hospitals and insurance companies transition to value-based care models (paying for outcomes, not services). This chart measures momentum. It shows "overbought" (above 70) on news of large contracts with healthcare systems or "oversold" (below 30) when the company loses clients.
RSI 14 Market Segment - It med
Evolent Health (EVH) provides clinical and technology solutions (software, analytics) to insurers and hospitals, helping them transition to value-based care models. This chart measures sentiment in the healthcare IT sector. It helps understand whether EVH's performance reflects its contracts or whether the entire industry is overheated or oversold.
RSI 14 for the overall market
Evolent Health (EVH) helps hospitals and insurers manage expenses. This chart shows that during times of panic, its business can be in demand. In times of euphoria, clients may ignore expenses. In times of panic and recession, they desperately seek ways to reduce costs, which is the core service EVH offers.
Analyst consensus forecast for the company's share price, the segment, and the market as a whole
Analyst consensus stock price forecast EVH (Evolent Health Inc.)
Evolent Health provides a technology platform and services (value-based care) for insurance companies and hospitals, helping them reduce costs and improve the quality of care. This chart displays the average analyst estimate, showing their collective price target for EVH stock.
The difference between the consensus estimate and the actual stock price EVH (Evolent Health Inc.)
Evolent Health is a technology partner for the healthcare system. They provide an IT platform and services that help insurance companies and hospitals transition to value-based care (paying for outcomes rather than services). This chart shows how confident analysts are in this trend and their ability to manage medical costs.
Analyst consensus forecast for stock prices by market segment - It med
Evolent Health is a technology partner for insurers and hospitals, specializing in Value-Based Care (VBC). Their software helps reduce costs by focusing on patient outcomes. This chart shows general expectations for the healthcare IT sector. It reflects whether experts believe the inevitable transition to VBC in US healthcare is imminent.
Analysts' consensus forecast for the overall market share price
Evolent Health provides services and software to hospitals and insurance companies, helping them transition to payment models based on quality of care rather than quantity of services. This chart shows overall market sentiment. For Evolent, which operates in the complex healthcare reform sector, the overall optimism is important, as it reflects the healthcare system's willingness to invest in IT.
AKIMA index of the company, segment and market as a whole
AKiMA Company Index Evolent Health Inc.
Evolent Health is a technology partner helping American healthcare transition from a fee-for-service model to a value-based care model. Their platform manages the health of complex patients (Medicare, Medicaid), aiming to reduce costs. This chart is an indicator of their growth, reflecting their ability to win large contracts with insurers and manage medical expenses for millions of lives on their platform.
AKIMA Market Segment Index - It med
Evolent Health (EVH) is a technology leader in VBC (Value-Based Care). The company doesn't treat patients, but provides a B2B SaaS platform and services for insurers and clinics, helping them manage risks in complex healthcare (oncology, cardiology). This aggregate metric evaluates companies. The graph shows the average value for the segment. This benchmark: how does EVH's B2B SaaS model differentiate it from the average competitor?
The AKIM Index for the overall market
Evolent Health is a partner for healthcare providers and payers, helping them transition to value-based care. This chart, which reflects the market average, is just a backdrop. It helps assess how this technology and service business, which lowers the cost of healthcare, compares to general macroeconomic fluctuations.