Agilon health, inc. announced that it has received $74.844 million in funding from Capital Research and Management Company
March 30, 2019
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agilon health, inc. announced a private placement of 19,800,000 contingently redeemable common shares at an issue price of $3.78 per share for gross proceeds of $74,844,000 in the first quarter of 2019. The transaction included participation from funds advised by Capital Research and Management Company.
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. 
