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.
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agilon health, inc. (NYSE: AGL) has announced a public offering of 17,000,000 shares of its common stock, priced at $30.00 per share, from certain selling stockholders. The offering is expected to close on September 14, 2021, pending customary conditions. Notably, agilon health will not receive any proceeds from this secondary offering. The underwriters have the option to purchase an additional 2,550,000 shares. Leading managers for this offering include J.P. Morgan, Goldman Sachs, and BofA Securities.
agilon health, inc. (NYSE: AGL) has announced a secondary public offering of 17,000,000 shares by certain selling stockholders, with a potential additional 2,550,000 shares for underwriters. The company will not receive proceeds from the offering, which has lead managers including J.P. Morgan, Goldman Sachs, and BofA Securities. Additionally, 714,011 shares held by company officers and directors will be available for sale due to a waiver of a lockup restriction. A registration statement with the SEC has been filed, and details can be obtained from the lead managers.
agilon health, inc. (NYSE: AGL) will participate in two major investor conferences: the Wells Fargo Virtual Healthcare Conference on September 9 at 10:40 AM ET and the Morgan Stanley 19th Annual Global Healthcare Conference on September 10 at 5:00 PM ET. Both events will include fireside chat presentations, accessible through a live webcast on agilon's investor relations website. The company focuses on improving healthcare for seniors by empowering primary-care physicians with essential support and resources, fostering healthier communities and better patient care.
Agilon Health, Inc. (NYSE: AGL) reported a 70% increase in total revenue to $499 million for Q2 2021, with a year-to-date growth of 56%. Membership rose by 45% year-over-year, reaching approximately 181,700 members. However, the company faced a net loss of $299 million, a significant rise from the $8 million loss in 2020, primarily due to $275 million in stock compensation expenses. Medical Margin decreased to $55 million, and adjusted EBITDA was negative $2 million compared to a positive $14 million last year. Outlook for Q3 2021 projects revenues between $450 million and $453 million.
agilon health, inc. (NYSE: AGL) has announced it will release its financial results for Q2 2021 after market close on August 4, 2021. A conference call is scheduled for August 5, 2021, at 8:30 AM ET to discuss these results. The call can be accessed via phone or through their investor relations website. agilon health focuses on transforming healthcare for seniors, empowering primary-care physicians by providing essential support in managing their patients' overall health, which contributes to healthier communities.
agilon health (NYSE: AGL) has appointed Karen McLoughlin to its board of directors. A former CFO of Cognizant Technology Solutions, she boasts significant financial expertise, having contributed to the company's growth from $365 million to nearly $17 billion in revenue. McLoughlin's 17-year tenure at Cognizant included oversight of global finance and strategic initiatives. Board chairman Ron Williams highlighted her skills in digital transformation as critical for agilon's future. CEO Steve Sell emphasized her potential to enhance the company's platform, aligning with agilon's mission to support primary care for seniors.
agilon health, inc. (NYSE: AGL) announced its participation in two upcoming investor conferences. The company will present at the William Blair 41st Annual Growth Stock Conference on June 3 from 3:40-4:10 PM ET and at the Goldman Sachs 42nd Annual Global Healthcare Conference on June 8 from 2:10-2:50 PM ET. Interested investors can listen to live webcasts of both events on the company's investor relations page. Replays will also be available after the presentations.