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. (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.
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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.
Agilon Health, Inc. (NYSE: AGL) reported a 52% revenue increase to $695 million for Q3 2022, compared to $459 million in Q3 2021. Total membership grew 45% to 266,600 Medicare Advantage members, with total members on the platform reaching 356,000. The medical margin surged 74% to $76 million, representing 10.9% of revenue. Adjusted EBITDA improved to $15 million for the first nine months. Despite a net loss of $31 million for Q3, the outlook for FY 2022 reflects continued membership and revenue growth.
agilon health, inc. (NYSE: AGL) will release its Q3 2022 financial results on November 3, 2022, after the market closes. A conference call is scheduled for 5:00 PM ET on the same day, accessible by phone or through a webcast on the company’s Investor Relations site. The event aims to discuss the financial results and provide insights to investors. agilon health focuses on empowering physicians and transitioning to a value-based Total Care Model for senior patients, serving 17 communities.