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 (NASDAQ: AGL) operates at the intersection of primary care delivery and healthcare economics, making its news coverage particularly relevant for investors tracking the value-based care transformation in American healthcare. The company's quarterly financial results reveal performance metrics tied to patient outcomes, physician network growth, and medical cost management across its Medicare Advantage partnerships.
News coverage for Agilon Health typically centers on several recurring themes. Earnings announcements detail the company's progress in managing capitated patient populations and its ability to generate shared savings with physician partners. Network expansion news highlights new physician group partnerships and geographic market entries that drive membership growth. The company also reports on its participation in federal programs like ACO REACH, which provides insight into traditional Medicare performance alongside its core Medicare Advantage business.
Regulatory developments affecting Medicare Advantage payment rates, value-based care policies, and risk adjustment methodologies represent significant news catalysts for the company. Healthcare policy changes from the Centers for Medicare and Medicaid Services directly impact Agilon Health's revenue potential and competitive positioning within the physician enablement sector.
This page aggregates press releases, SEC filings, and market coverage to provide a consolidated view of developments affecting Agilon Health. Track quarterly results, investor conference presentations, and material events that shape the company's trajectory in the evolving healthcare services landscape. Bookmark this page to monitor updates on physician partnerships, program participation results, and strategic developments.
Agilon Health, Inc. (NYSE: AGL) reported a remarkable 49% revenue increase to $690 million for Q4 2022 compared to Q4 2021. The company's Medicare Advantage membership surged by 45% to 269,500 members, and its medical margin saw a stunning 93% rise to $61 million.
For the fiscal year 2022, total revenue reached $2.71 billion, a 48% increase year-over-year. Despite a net loss of $57 million in Q4, it improved significantly compared to a net loss of $407 million in 2021. 2023 guidance indicates an expected Adjusted EBITDA of $75 million to $90 million and continued member growth.
agilon health (NYSE: AGL) has acquired mphrX, a leading provider of value-based care technology, for $45 million. This acquisition, finalized on February 28, 2023, enables agilon to enhance its technological capabilities through the Minerva Healthcare Data Platform, aiming to improve partner support and accelerate transitions to value-based care. The integration will facilitate quicker onboarding of partners and improve access to patient data, ultimately aiming to enhance patient outcomes and reduce costs. However, agilon does not expect mphrX to impact its Adjusted EBITDA significantly in 2023.
agilon health inc. (AGL) has partnered with Family Practice Center, PC (FPC), the largest independent primary care physician group in Central Pennsylvania, to implement a full-risk, value-based care model for Medicare patients starting in 2024. This partnership aims to enhance patient outcomes and enable FPC to provide affordable, high-quality care to over 200,000 patients across 42 locations. According to FPC's CEO, Benjamin Williard, the value-based approach aligns with their mission to serve rural and underserved communities. agilon's Total Care Model is set to empower primary care physicians while focusing on the holistic health of senior patients.
Agilon Health (NYSE: AGL) has appointed Diana McKenzie as an independent board director, effective immediately. McKenzie brings over 30 years of leadership experience in healthcare and technology, previously serving as CIO at Workday and holding roles at Amgen and Eli Lilly. Her expertise in digital transformation and risk management is expected to enhance Agilon's value-based care model, aiming to empower primary care physicians in improving patient outcomes and reducing costs. The board believes her insights will drive the company’s future growth.
agilon health and Central Ohio Primary Care (COPC) have announced the launch of a new Advanced Practice Provider (APP) fellowship program aimed at newly graduated Nurse Practitioners and Physician Assistants. This 12-month program, starting in May 2023, focuses on senior care and aims to develop clinical skills in a collaborative environment. The fellowship includes specialty rotations, management training, and leadership development unique to value-based care. The partnership highlights the importance of preparing healthcare providers to meet the complex needs of seniors as the population grows.
agilon health inc. (NYSE: AGL) has partnered with Lexington Clinic to convert its primary care delivery to a full-risk, value-based model starting in 2024, enhancing care for Central Kentucky Medicare patients. Lexington Clinic, Central Kentucky's largest multi-specialty group with over 200 providers, aims to innovate healthcare access in the region. This partnership reflects a growing trend among primary care physicians toward prioritizing quality and outcomes for Medicare patients. Currently, agilon collaborates with 23 physician groups in 12 states, focusing on senior patients through its Total Care Model.
Agilon Health, Inc. (NYSE: AGL) will release its financial results for Q4 and full year 2022 after market close on March 1, 2023. A conference call to discuss the results will be held at 4:30 PM ET. U.S. participants can join by calling (844) 200-6205, while international participants can dial +1 (929) 526-1599. The call can also be accessed via a webcast. Additionally, Agilon will participate in Cowen and Company’s 43rd Annual Health Care Conference on March 8, 2023.
agilon health, inc. (NYSE: AGL) will participate in the 41st Annual J.P. Morgan Healthcare Conference with a fireside chat on January 9 at 12:45 PM Eastern Time. Investors can access a live webcast of the presentation on agilon's investor relations website. A replay will be available shortly after the event. agilon health partners with physician groups to transition to a value-based Total Care Model, aiming to enhance healthcare for senior patients. Currently, agilon operates in 17 diverse communities.
agilon health, inc. (NYSE: AGL) will participate in the 4th Annual Wolfe Research Healthcare Conference, featuring a fireside chat presentation on November 17 at 1:20 PM ET. Investors can access the live webcast through the 'Events & Presentations' section on agilon health's investor relations website. A replay will be available post-event. Agilon health partners with physician groups to enhance healthcare delivery through value-based models, supporting senior patients in 17 communities. For more information, visit www.agilonhealth.com.
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