agilon health's Q4 2024 results showed strong revenue growth driven by increased Medicare Advantage membership. The company is navigating a challenging Medicare Advantage environment by implementing strategic actions to reduce underwriting risks and improve platform capabilities.
agilon health's Q3 2024 results showed revenue growth of 28% to $1.45 billion and a 37% increase in Medicare Advantage membership to 525,000. However, the quarter was negatively impacted by lower-than-expected risk adjustment, prior year development, and higher medical expenses. The company is taking actions to strengthen execution and manage the challenging Medicare Advantage environment.
agilon health reported a 39% increase in revenue to $1.48 billion for Q2 2024. The company is maintaining its medical margin and Adjusted EBITDA guidance for the full year.
agilon health's first quarter results showed revenue of $1.6 billion, a 52% increase year-over-year, and a 43% increase in Medicare Advantage membership. The company is focused on executing its performance action plan to drive profitability and enhance operating efficiency.
agilon health reported a 72% increase in revenue to $1.06 billion for Q4 2023. However, the company faced challenges with rising medical costs, leading to a gross profit of negative $95 million and a net loss of $230 million. The company is implementing a targeted action plan to address these issues and expects the Class of 2025 to add at least 60,000 Medicare Advantage members.
agilon health reported a strong third quarter with significant growth in revenue and Medicare Advantage membership. The company's decision to sell MDX Hawaii will allow it to focus on its core partner markets. Total revenue increased by 75% to $1.22 billion, and Medicare Advantage membership increased by 58% to 420,300.
agilon health reported a 71% increase in revenue to $1.15 billion, a 57% increase in Medicare Advantage membership to 408,900, and growth in total members live on the agilon platform to 495,900.
agilon health reported a strong first quarter in 2023, with a 74% increase in revenue to $1.14 billion and a 61% increase in Medicare Advantage membership to 402,200. The company's net income rose to $16 million, and gross profit increased to $77 million.
agilon health's Q4 2022 results showed strong growth with a 49% increase in revenue to $690 million and a 45% increase in Medicare Advantage membership to 269,500. The medical margin also saw a significant increase of 93% to $61 million.
Agilon Health reported a 52% increase in revenue to $695 million, a 45% increase in Medicare Advantage membership to 266,600, and a 74% increase in Medical Margin to $76 million for the third quarter ended September 30, 2022.
agilon health reported a 34% increase in revenue to $670 million and a 44% increase in Medicare Advantage membership. The total members on the agilon platform grew to 351,700. Net loss was $21 million, and medical margin increased 49% to $82 million.
agilon health reported a 58% increase in revenue, driven by a 51% growth in Medicare Advantage membership. The company's medical margin increased by 66%, and net income was $1 million, a significant improvement from the previous year's net loss of $15 million.
agilon health announced a 44% increase in revenue for the fourth quarter, driven by a 42% growth in Medicare Advantage membership. Total members on the agilon platform grew by 82% to 238,000. The company's outlook for 2022 includes significant gains in Adjusted EBITDA while maintaining strong revenue growth.
agilon health announced its Q3 2021 results, featuring a 47% increase in total revenue to $459 million, driven by a 43% growth in Medicare Advantage membership. Total members on the agilon platform increased by 83% year-over-year to 236,500. The company updated its full-year 2021 guidance for membership, revenue, and Adjusted EBITDA and expects total membership in 2022 to grow by more than 45%.
agilon health reported a 70% increase in total revenue to $499 million, driven by a 45% increase in Medicare Advantage membership. However, the company reported a net loss of $299 million, which includes $275 million in non-cash stock-based compensation expenses.
agilon health's first quarter results showed a 42% increase in total revenue to $413 million and a 35% increase in membership. Including a retroactive group MA contract, revenue growth would have been approximately 50% and membership growth would have been 42%. The company reported a net loss from continuing operations of $14 million and an Adjusted EBITDA of $4 million.