How does Accenture's Health & Public Service segment performance compare year-over-year?
3/30/2025 12:39am
Accenture's Health & Public Service segment has shown a positive performance year-over-year, with notable growth in key financial metrics.
1. **Revenue Growth**: The Health & Public Service segment's revenues increased by 8% from the year-ago quarter on a reported basis and by 10% in local currency, reaching $3.6 billion. This growth outpaced the company's overall revenue increase of 5.4% year-over-year.
2. **Segment Performance**: Within the Health & Public Service segment, managed services' revenues grew by 8% year-over-year on a reported basis and by 11% in local currency, reaching $8.4 billion. Consulting revenues, although growing at a slower rate of 3% year-over-year on a reported basis and 6% in local currency, still contributed significantly to the segment's overall growth, reaching $8.3 billion.
3. **Regional Insights**: The Health & Public Service segment's performance was strong across various regions. For instance, North America saw revenues amounting to $7.83 billion, which aligned with the regional estimates. The segment's growth was also notable in other regions, such as EMEA and Growth Markets.
4. **Market Position**: Accenture's Health & Public Service segment continued to benefit from its diversified business across industries, geographic locations, and service capabilities. This diversification has been instrumental in driving the segment's consistent growth and resilience in the face of market fluctuations.
Overall, Accenture's Health & Public Service segment demonstrated robust growth and performance compared to the previous year, driven by strong revenue increases across key service areas and regions.