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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.
agilon health (NYSE: AGL) is set to participate in the 40th Annual J.P. Morgan Healthcare Conference on January 10 at 9:45 AM Eastern Time. The event will feature a virtual fireside chat presentation, allowing interested investors to tune in via the company’s investor relations website. agilon health focuses on transforming healthcare for seniors by empowering primary-care physicians and is committed to improving patient outcomes through value-based care.
agilon health (NYSE: AGL) announced its participation in the Wolfe Research Virtual Healthcare Conference, featuring a fireside chat on Thursday, November 18 at 9:10 AM Eastern Time. Investors can access a live webcast on agilon's investor relations website, with replays available post-presentation. The company focuses on transforming healthcare for seniors by empowering primary-care physicians to improve patient care. agilon provides necessary resources that enable physician groups to manage total care for vulnerable patients.
Agilon Health (NYSE: AGL) reported a strong third quarter for 2021, achieving a 47% revenue growth to $459 million, fueled by a 43% rise in Medicare Advantage membership. Total membership surged by 83% year-over-year, reaching 236,500. Despite these gains, the company faced a net loss of $36 million, up from a loss of $12 million in 2020, and reported an Adjusted EBITDA of negative $14 million. Agilon raised its fiscal 2021 guidance, projecting revenue between $1.820 billion and $1.825 billion, with total membership expected to grow over 45% in 2022.
agilon health (NYSE: AGL) will participate in the Credit Suisse 30th Annual Virtual Healthcare Conference on November 10 at 12:10 PM Eastern Time. The event includes a fireside chat presentation aimed at engaging investors and stakeholders. Interested individuals can access a live webcast through the Events & Presentations section of agilon's investor relations website. Replays will be available shortly after the presentation. agilon health is dedicated to transforming healthcare for seniors and supporting primary-care physicians by emphasizing value-based care.
agilon health (NYSE: AGL) will announce its third quarter 2021 financial results on
agilon health (NYSE: AGL) has appointed Mat Varghese as its new chief people officer effective October 11, 2021. Varghese will lead the company's employee development, growth, and talent acquisition strategies, reporting directly to CEO Steve Sell. With nearly 20 years of experience, Varghese aims to enhance partnerships with physician groups and support the growing demand for quality care among seniors. He succeeds Chris Casler, who has left to pursue other opportunities.
Agilon Health has appointed Mat Varghese as its new chief people officer, effective October 11, 2021. Reporting to CEO Steve Sell, he will focus on employee development, growth, and talent acquisition strategies. Varghese brings nearly 20 years of HR leadership experience from firms like R1 RCM and General Electric. He succeeds Chris Casler, who left to pursue other opportunities. The company aims to transform healthcare for seniors by empowering primary care physicians.
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