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.
Total revenue of $695 million increased 52% during the third quarter compared to $459 million in the third quarter 2021.
Total members live on the agilon platform increased to 356,000 as of September 30, including 266,600 Medicare Advantage members and 89,400 Direct Contracting beneficiaries.
Medical margin of $76 million increased 74% during the third quarter compared to $43 million in the third quarter 2021.
Net loss of $31 million in the third quarter, compared to a net loss of $36 million in third quarter 2021.
agilon health provided outlook for fiscal year 2022.
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