Welcome to our dedicated page for Agilon Health news (Ticker: AGL), a resource for investors and traders seeking the latest updates and insights on Agilon Health stock.
agilon health, inc. provides a healthcare services platform that partners with primary care physician groups and health systems to transition senior patient care to a value-based Total Care Model. Company updates commonly cover Medicare Advantage members and ACO model beneficiaries on the agilon platform, payor contract economics, market exits, clinical programs, data and technology investments, and operating discipline within a Medicare-centric capitated care model.
News also includes quarterly and annual financial results, revenue, medical margin and Adjusted EBITDA guidance, conference participation, and governance changes such as CEO appointments and board membership. Recurring disclosures tie membership trends, payor alignment and clinical execution to the economics of agilon’s physician partnerships.
agilon health, inc. (NYSE: AGL) will release its financial results for Q2 2022 on August 4, 2022, after market close. A conference call is scheduled for 5:00 PM ET to discuss these results, accessible via (844) 200-6205 for U.S. participants and +1 (646) 904-5544 for international callers, using participant code 043762. The call will also be available as a webcast on agilon's Investor Relations website. agilon health aims to support physician groups transitioning to a value-based care model, creating healthier communities.
Agilon Health has appointed Denise Zamore as its first Chief Legal Officer and Secretary, effective August 1, 2022. She brings over 15 years of legal experience in the healthcare sector, previously serving at Optum and United Healthcare. Zamore will be an integral part of the executive leadership team, reporting to CEO Steve Sell. This new role aims to bolster Agilon's legal framework as it undergoes rapid organizational growth.
agilon health, inc. (NYSE: AGL) will present at the William Blair 42nd Annual Growth Stock Conference on June 8 at 9:40 AM Eastern Time. Investors can access the presentation via a webcast available on agilon's investor relations website. The company focuses on empowering physicians to improve health outcomes through a value-based care model, facilitating independence and enhancing community health through its technology and support services.
Agilon Health reported a remarkable 58% revenue growth in Q1 2022, totaling $653 million, driven largely by a 51% increase in Medicare Advantage membership. The company’s total live members on its platform grew to 342,000, with 250,000 being Medicare Advantage members. A significant 66% rise in medical margin was noted, amounting to $86 million. This quarter also marked a return to profitability with a net income of $1 million, contrasting a net loss of $15 million a year prior. Adjusted EBITDA improved to $12 million from $4 million.
agilon health (NYSE: AGL) has partnered with United Physicians, one of Michigan's largest independent physician organizations, to transform primary care for Medicare Advantage patients in Southeast Michigan. This long-term partnership aims to implement a full-risk value-based care model, improving health outcomes and the patient experience. United Physicians, representing over 1,900 providers, is committed to high-quality, coordinated care. agilon health, with partnerships across the country, seeks to advance value-based care, ensuring better healthcare delivery for senior patients.
agilon health, inc. (NYSE: AGL) announced its participation in the BofA Securities 2022 Healthcare Conference. The event will feature a fireside chat on Wednesday, May 11, at 1:00 PM Eastern Time. Investors can access a live webcast of the presentation through the Events & Presentations section of agilon's investor relations website. Following the event, a replay will be available. agilon health partners with physicians to promote a value-based model for senior care, enhancing community health.
agilon health, inc. (NYSE: AGL) will release its financial results for Q1 2022 after market close on May 5, 2022. A conference call will follow at 5:00 PM Eastern Time to discuss these results. Participants can join by dialing (844) 200-6205 for U.S. callers or +1 (646) 904-5544 for international access, using participant code 757732. The call will also be available via webcast on the company’s Investor Relations website. agilon health empowers physicians to transition to a value-based care model, focusing on improving health outcomes for seniors.
agilon health has partnered with MaineHealth, marking a significant step in integrating healthcare for Medicare Advantage patients in northern New England. This collaboration is projected to enhance the primary care delivery system, improving outcomes for over 80,000 new Medicare members.
The partnership will expand agilon’s network, encompassing 23 physician groups across 12 states, with a total of over 2,200 primary care physicians.
Implementation has commenced, with the finalized agreement expected by Q2 2022.
Agilon Health (NYSE: AGL) reported a 44% revenue growth in Q4 2021, totaling $463 million, with a 50% increase for the fiscal year, reaching $1.83 billion. The total number of members on the Agilon platform surged 82% to 238,000, driven by a 42% rise in Medicare Advantage membership. Despite these gains, the company faced a net loss of $57 million in Q4, up from $24 million in Q4 2020, and a fiscal year net loss of $407 million, primarily due to stock-based compensation. Looking ahead, Agilon expects continued membership and revenue growth for 2022.
agilon health announces the appointments of Heidi Hittner as Chief Experience Officer and Claire Mulhearn as Chief Communications and Public Affairs Officer. Both executives join the executive leadership team, reporting to Steve Sell, CEO. Hittner brings over 25 years of experience focusing on growth strategies and patient experience, while Mulhearn has 20 years in communications and advocacy. The company also reports that Lisa Dombro will leave the organization for another opportunity, marking a significant change in the leadership structure.