Strong Growth in Provider Signings and Practice Collections
Implemented Provider growth of 11.7% year-over-year and Practice Collections growth of 12.8% to $798.6 million.
Significant EBITDA Increase
Adjusted EBITDA increased by 35.1% year-over-year, with EBITDA margin expanding 460 basis points.
Strategic Entry into Arizona Market
Partnership with IMS, one of the largest independent multi-specialty practices, with 70 providers and 28,000 attributed lives, valued at $95 million.
Increased 2025 Guidance
Raised full-year 2025 guidance due to strong first-quarter performance and visibility throughout the remainder of the year.
Healthy Balance Sheet
Ended the first quarter with $469 million in cash and no debt, providing significant financial flexibility.