agilon health Reports First Quarter 2021 Results
agilon health, inc. (NYSE: AGL), the company transforming health care for seniors by empowering primary-care physicians to focus on the entire health of their patients, announced results for the first quarter ended March 31, 2021.
First Quarter 2021 Results:
-
Total revenue of
$413 million increased42% from 2020 and would have increased approximately50% including a recently completed group Medicare Advantage (MA) contract that is retroactive to January 2021 -
Members of approximately 165,300 as of March 31 increased
35% from 2020 and would have increased42% to approximately 174,300 including the retroactive group contract -
Same geography membership growth of
8% from 2020 and same geography membership growth of15% including the retroactive group contract -
Net loss from continuing operations of
$14 million , compared to$8 million in 2020 -
Medical Margin of
$52 million , compared to$42 million in 2020 -
Adjusted EBITDA of
$4 million , compared to$3 million in 2020
“We are pleased with our first quarter results, highlighted by
Outlook for Second Quarter and Fiscal Year 2021:
Quarter Ending
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Year Ending
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Low |
High |
Low |
High |
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Ending members |
175,000 |
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177,000 |
|
182,000 |
|
184,000 |
Total revenues ($M) |
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Adjusted EBITDA ($M) |
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agilon health, inc.
NYSE:AGLAGL RankingsAGL Latest NewsMay 7, 2024
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AGL Stock Data
2.46B
303.79M
1.37%
110.56%
11.48%
Dental Laboratories
Manufacturing
United States of America
AUSTIN
About AGLa transformative partnership agilon health partners with primary care physicians to define a new standard of quality, efficiency and patient experience. we bring the people, solutions, capital and technology necessary to ensure their long-term success and to bring back the joy of practicing medicine. critical care we believe that every member of our team plays a critical role in transforming care for our patients. our customer service teams are the front line for physicians and patients navigating the system and, without our claims processing departments, our health plan partners and provider networks couldn’t do their jobs. no matter what your role is at agilon health, you can and will make a difference in the lives of the seniors and medicaid populations we serve. our culture and passion has already been embraced by nearly 500 employees in three states. and we are excited to welcome new members to the team as more physicians and patients experience the difference agilon health can ma
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