Agilon Health, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 04, 2021 at 04:21 pm EDT
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agilon health, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 498.956 million compared to USD 293.594 million a year ago. Operating loss was USD 298.363 million compared to USD 1.252 million a year ago. Net loss was USD 298.845 million compared to USD 7.911 million a year ago. Basic loss per share from continuing operations was USD 0.79 compared to USD 0.01 a year ago. For the half year, total revenue was USD 912.060 million compared to USD 584.642 million a year ago. Operating loss was USD 310.478 million compared to USD 7.086 million a year ago. Net loss was USD 313.923 million compared to USD 24.010 million a year ago. Basic loss per share from continuing operations was USD 0.88 compared to USD 0.03 a year ago.
agilon health, inc. is a healthcare company. It enables primary care physicians (PCP) to be the agents for change in the communities they serve. Through its combination of the agilon platform, a long-term partnership model with existing physician groups and a growing network of like-minded physicians, it offers healthcare for seniors across communities throughout the United States. Its model operates by primarily forming risk-bearing entities (RBEs) within local geographies, that enter into arrangements with payors providing for monthly payments to manage the total healthcare needs of its physician partnersâ attributed patients (or global capitation arrangements). It focuses on community-based physician groups and is built around three key elements: agilonâs platform, agilonâs long-term physician partnership approach, and agilonâs network. The agilon platform is holistic in supporting the rapid transition to a Total Care Model with technology, people, process and capital.
AGILON HEALTH, INC. 
