The latest update is out from Agilon Health ( (AGL) ).
Agilon Health reported a significant increase in revenue and membership for the fourth quarter and fiscal year 2024, with revenue rising 44% in the fourth quarter to $1.52 billion and Medicare Advantage membership growing 36% to 527,000. Despite these gains, the company faced challenges with elevated medical costs and net losses, although these were reduced compared to the previous year. Strategic actions have been taken to improve platform capabilities and reduce underwriting risks, positioning the company for future growth and improved financial performance.
More about Agilon Health
Agilon Health is a company operating in the healthcare industry, focusing on empowering physicians to transform healthcare delivery in communities. The company partners with primary care physicians to provide high-quality, cost-effective care to senior patients, primarily through Medicare Advantage plans and Accountable Care Organization (ACO) models.
YTD Price Performance: 89.58%
Average Trading Volume: 4,428,492
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.5B
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