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agilon health, inc. - AGL STOCK NEWS

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agilon health, inc. (NYSE: AGL) is a transformative health care partner dedicated to redefining primary care by enabling physicians with the tools, technology, and support needed to deliver high-quality care. agilon health forms strategic long-term partnerships with physician groups to transition them to a value-based care model, aiming to improve patient outcomes while reducing costs. The company operates a purpose-built platform that supports over 3,000 primary care physicians (PCPs) across more than 30 communities, providing care to over 700,000 senior patients.

agilon health’s core business revolves around empowering physicians to create a Medicare-centric, globally capitated line of business. The company derives its revenue from providing medical services under full-risk contracts, which aligns financial incentives with patient health outcomes. agilon health has demonstrated significant growth, achieving a 75% increase in revenue to $1.22 billion, with Medicare Advantage membership surging by 58% to 420,300 members.

The company's recent achievements include the publication of a peer-reviewed study on its value-based palliative care program, showcasing improved patient-centered outcomes. Additionally, agilon health has successfully expanded its Physician Network with new partnerships in Kentucky, Minnesota, Illinois, and North Carolina, further solidifying its presence in the U.S. healthcare market.

Financially, agilon health has shown resilience and adaptability. Despite challenges, the company has maintained strong revenue growth and continues to make progress in executing its targeted action plans to drive profitability and enhance operational efficiency. agilon health’s balance sheet reflects a solid financial position, with significant cash reserves and manageable debt levels, positioning the company for sustained growth and long-term success.

agilon health stands out in the healthcare sector by focusing on a value-based care model that prioritizes patient health over service volume. This approach not only benefits patients but also supports physicians in maintaining their independence and achieving better health outcomes for their patients.

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Agilon Health, Inc. (NYSE: AGL) to Participate in 42nd Annual J.P. Morgan Healthcare Conference
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agilon health, inc. (NYSE: AGL) announced the publication of new peer-reviewed data examining the impact of its full-risk, Total Care Model (agilon model) among both Medicare Advantage (MA) and ACO REACH patients enrolled in an innovative palliative care program. The study showed that patients enrolled in a primary care-led, integrated palliative care program delivered within a full-risk model spent an average of five more days at home during their final months and were almost two-thirds less likely to die in a hospital. The primary care-led, integrated palliative program also led to 39 percent fewer hospitalizations, a 48 percent reduction in intensive care unit days, and a 21 percent reduction in emergency department visits for patients enrolled in value-based palliative care. Total cost of care from the time of enrollment until death was 33 percent lower for patients in a community-based palliative care program.
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agilon health, inc. (NYSE: AGL) to present at 5th Annual Wolfe Research Healthcare Conference, offering webcast for interested investors and parties
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agilon health, inc. announced strong Q3 2023 results with a 75% increase in revenue to $1.22 billion. Medicare Advantage membership grew by 58% to 420,300, and total members on the agilon platform reached 508,000. The sale of MDX Hawaii will allow agilon to focus on core partner markets.
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agilon health has announced the sale of its subsidiary, MDX Hawaii, to a private buyer. This will allow agilon to focus on its core partner markets and its full-risk partnership model. MDX Hawaii is a provider network supporting 600 physicians and providing care to approximately 36,000 members covered by two Medicare Advantage health plans. The financial terms of the sale were not disclosed.
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agilon health's Accountable Care Organizations (ACOs) achieved $107 million in gross savings and a 99.8% quality score during the 2022 performance year of the ACO REACH model.
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agilon health, inc. to release Q3 2023 financial results and host conference call
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agilon health, inc. to participate in investor conferences
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agilon health, inc. (NYSE: AGL) reported strong second quarter 2023 results, with revenue increasing 71% to $1.15 billion. Medicare Advantage membership grew by 57% to 408,900, and total members on the agilon platform reached 495,900. Gross profit was $57 million, and the company achieved a medical margin of $138 million. Adjusted EBITDA was $10 million, compared to a loss of $3 million in the same quarter last year. The company updated its outlook for 2023 and announced new partnerships.
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FAQ

What is the current stock price of agilon health (AGL)?

The current stock price of agilon health (AGL) is $1.78 as of November 21, 2024.

What is the market cap of agilon health (AGL)?

The market cap of agilon health (AGL) is approximately 716.9M.

What is agilon health's core business?

agilon health partners with primary care physicians to transition them to a value-based care model, focusing on improving patient outcomes while reducing healthcare costs.

How does agilon health generate revenue?

The company derives its revenue from providing medical services under full-risk contracts, aligning financial incentives with patient health outcomes.

What recent achievements has agilon health accomplished?

Recent achievements include publishing a peer-reviewed study on their palliative care program and expanding their Physician Network with new partnerships in several states.

How is agilon health performing financially?

agilon health has shown strong revenue growth, increasing by 75% to $1.22 billion, and continues to maintain a solid financial position with significant cash reserves and manageable debt levels.

What is agilon health's approach to healthcare?

agilon health focuses on a value-based care model that prioritizes patient health over service volume, benefiting both patients and physicians.

How many physicians are part of agilon health's network?

agilon health's Physician Network includes over 3,000 primary care physicians delivering care to more than 700,000 senior patients.

What is the significance of agilon health's value-based care model?

The value-based care model aims to improve patient outcomes and reduce costs by aligning financial incentives with health outcomes, supporting physicians in maintaining independence and delivering high-quality care.

What challenges has agilon health faced recently?

agilon health faced challenges with higher-than-expected medical costs but has implemented targeted action plans to drive profitability and enhance operational efficiency.

What are agilon health's plans for future growth?

agilon health plans to continue expanding its Physician Network, forming new partnerships, and maintaining its focus on value-based care to drive long-term success.

How does agilon health support its physician partners?

agilon health provides technology, people, capital, and process support to help physician groups focus on delivering comprehensive care and achieving better patient outcomes.

agilon health, inc.

NYSE:AGL

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716.91M
304.61M
1.79%
104.97%
8.79%
Medical Care Facilities
Services-misc Health & Allied Services, Nec
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United States of America
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