agilon health Q4 2021 Earnings Report
Key Takeaways
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.
Total revenue increased 44% during the fourth quarter, driven by 42% growth in Medicare Advantage membership, including 15% membership growth in same geographies.
Total members live on the agilon platform increased 82% to 238,000 as of December 31, including 186,300 Medicare Advantage members and 51,700 Direct Contracting beneficiaries.
Net loss of $57 million in the fourth quarter compared to a net loss of $24 million in the fourth quarter 2020.
Medical margin of $31 million in the fourth quarter compared to $27 million in the fourth quarter 2020.
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agilon health Revenue by Segment
Forward Guidance
agilon health provided its outlook for the first quarter and full fiscal year 2022, including membership and financial guidance.