Welcome to our dedicated page for Gohealth news (Ticker: GOCO), a resource for investors and traders seeking the latest updates and insights on Gohealth stock.
GoHealth, Inc. (NASDAQ: GOCO) is a health insurance marketplace and Medicare-focused digital health company whose public communications frequently highlight developments in the Medicare Advantage ecosystem, capital structure, and technology capabilities. The news flow around GoHealth often centers on quarterly financial results, strategic capital actions, and how the company is responding to changes in the Medicare Advantage market.
Investors and observers following GOCO news can expect regular earnings announcements detailing net revenues, submissions, operating metrics, and non-GAAP measures such as Adjusted EBITDA. These releases also describe trends in Medicare agency and non-agency revenues, the performance of offerings like GoHealth Protect, and management’s commentary on operating discipline, retention, and member quality.
Another important category of GoHealth news involves strategic capital and governance actions. The company has reported entering into a superpriority senior secured term loan facility, amending its existing credit agreement, extending certain debt maturities, and issuing equity to lenders. It has also announced changes to its board of directors and the formation of a Transformation Committee to evaluate strategic alternatives such as refinancings, securitizations, mergers, acquisitions, or restructurings.
GoHealth news also covers technology and product updates, including the launch and scaling of GoHealth Protect, the use of PlanFit for personalized plan comparison, and the deployment of PlanGPT, an AI-powered assistant that supports licensed agents. During the Medicare Annual Enrollment Period, the company issues releases describing how its tools and agents help beneficiaries navigate plan exits, plan degradation, and other disruptions.
For users tracking GOCO, this news page provides a stream of company-issued and analyst commentary on operational performance, financing developments, governance changes, and technology initiatives that shape GoHealth’s position in the Medicare-focused insurance marketplace.
GoHealth (NASDAQ: GOCO) announced its participation in the Truist Securities 2021 Technology, Internet & Services Virtual Conference on March 9, 2021, at 8:00 a.m. ET. The event will feature commentary from co-founder and CEO Clint Jones and CFO Travis Matthiesen, focusing on the company's business strategy. A live audio webcast will be available on GoHealth's Investor Relations website, with a digital recording to follow the conference.
On February 25, 2021, GoHealth (GOCO) released a study revealing low awareness among Original Medicare beneficiaries regarding Medicare Advantage plans. Despite a record 26.9 million enrollees projected for 2021, only 18% of Original Medicare beneficiaries are 'very familiar' with Medicare Advantage. Key findings show significant misconceptions: 40% are unaware of payment options beyond Part A and B, and 86% mistakenly believe Original Medicare has out-of-pocket maximums. This lack of knowledge could hinder beneficiaries from optimal healthcare choices.
GoHealth (NASDAQ: GOCO) announced its financial results for Q4 and fiscal year 2020 will be released on March 8, 2021, after 4:00 p.m. (ET). A conference call will follow at 5:00 p.m. (ET) to discuss the results. This call will be available through GoHealth's Investor Relations website and via phone at 833-519-1310 (conference ID: 6590925). GoHealth is focused on improving healthcare access in America and has enrolled millions in Medicare and individual plans using advanced technology and data science.
GoHealth, Inc. (NASDAQ: GOCO) announced the expansion of its virtual sales centers into Nashville, Atlanta, and St. Louis, aiming to recruit and hire new sales teams. This strategy enhances their ability to meet specific customer needs through specialized agents. The virtual model has proven successful during the COVID-19 pandemic, enabling onboarding and training of agents remotely. Competitive compensation packages are offered, with annual earnings potentially exceeding $150,000. GoHealth remains committed to improving healthcare access for seniors through effective insurance navigation.
GoHealth (NASDAQ: GOCO) announced the appointment of Dr. Paul Hain as Chief Medical Officer, a strategic move to enhance clinical functions within its Encompass Platform. Dr. Hain brings significant experience from Blue Cross and Blue Shield of Texas, where he optimized clinical strategies for Medicare and Medicaid. His role will focus on improving care management, provider engagement, and digital health offerings. This appointment aims to strengthen GoHealth's leadership in Medicare Advantage and expand its digital healthcare capabilities, aligning with the company's mission to enhance healthcare access in America.
GoHealth (NASDAQ: GOCO), a prominent health insurance marketplace, announced its participation in the Evercore ISI HealthCONx Conference on December 2, 2020, at 12:10 p.m. ET. Co-founder and CEO Clint Jones along with CFO Travis Matthiesen will discuss the company's business strategy. A live audio webcast will be accessible on GoHealth's Investor Relations website, with a digital recording available post-event. GoHealth aims to enhance healthcare access in America, leveraging technology and expertise to connect customers with suitable insurance policies.
GoHealth reported strong financial results for Q3 2020, with net revenues of $163.4 million, a 52% increase year-over-year. YTD revenues reached $431.4 million, up 72%. However, the company faced a net loss of $206.5 million due to IPO-related expenses. Adjusted EBITDA surged by 142% to $39.3 million in Q3 2020. The company revised its FY 2020 outlook to projected revenues of $850-$890 million and adjusted EBITDA of $270-$290 million. The growth is attributed to a robust start to the Annual Enrollment Period, with a significant increase in submitted policies.
GoHealth, a major health insurance marketplace, will participate in the Credit Suisse Virtual Healthcare Conference on November 12, 2020, at 8:00 a.m. ET. Co-founder and CEO Clint Jones and CFO Travis Matthiesen will discuss the company's business strategy with investors. A live audio webcast will be available on GoHealth's Investor Relations website, along with a digital recording post-conference. GoHealth aims to enhance healthcare access in America, helping millions enroll in health plans.
GoHealth, Inc. (GOCO) announced it will disclose its third quarter financial results for fiscal 2020 on November 11, 2020, at 4:00 p.m. ET. Following this, a conference call will be held at 5:00 p.m. ET to discuss these results. Investors can access the live audio webcast through GoHealth's Investor Relations website, with a recording available post-call. GoHealth, a premier health insurance marketplace, focuses on enhancing healthcare access in America, aiding millions in enrolling in Medicare and individual plans.
GoHealth, Inc. (NASDAQ: GOCO) released a report highlighting the adverse effects of social distancing on seniors' mental health during the COVID-19 pandemic. Key findings reveal that 29% of seniors feel lonely, with 85% experiencing anxiety and 78% facing depression. The report, based on 1,000 online interviews, indicates that 33% of seniors live alone and 28% haven't visited non-household members in over five months. GoHealth aims to address these challenges through its services, especially as the Medicare annual enrollment period approaches.
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