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An update from Agilon Health ( (AGL) ) is now available.
agilon health reported a significant increase in Medicare Advantage membership by 37% to 525,000, driving a 28% rise in revenue to $1.45 billion for Q3 2024. However, challenges with risk adjustments, higher medical expenses, and unprofitable partnerships led to a net loss of $118 million. The company is taking steps to exit unprofitable partnerships and improve its platform’s long-term viability.
Learn more about AGL stock on TipRanks’ Stock Analysis page.