Strategic Initiatives and Operating Improvements
P3 Health Partners is executing programmatic initiatives ahead of schedule, achieving a $130 million improvement in adjusted EBITDA, with a $20 million improvement in operating efficiency year-over-year and a decrease in operating expenses by 11% year-over-year.
Positive Clinical and Operational Trends
Utilization metrics for acute admissions, emergency department usage, and post-acute care admissions have improved, with a 21% decrease in emergency department usage and a 22% decrease in SNF admissions.
ACO REACH Membership Growth
ACO REACH membership increased by 60% year-over-year, contributing $8 million of EBITDA, reflecting profitability and strong operational performance.
Improved Financial Metrics
The company saw an 8% increase in per member per month funding and a 30% improvement in Part C quality measures.