Agilon Gealth Reports ACO REACH Model Results For 2022 Performance Year; Agilon REACH ACOs Achieved $107M In Gross Savings And 99.8% Quality Score
Portfolio Pulse from Happy Mohamed
Agilon Health, Inc. (NYSE:AGL) announced that its Accountable Care Organizations (ACOs) achieved $107 million in gross savings and a 99.8% quality score during the 2022 performance year of the ACO REACH model. The eight REACH ACOs are responsible for the total cost and quality of approximately 90,000 Medicare Beneficiaries. The ACOs include 1,500 primary care physicians operating across 12 communities in Hawaii, New York, North Carolina, Ohio, Pennsylvania, and Texas.
October 23, 2023 | 8:19 pm
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Agilon Health's ACOs achieved significant gross savings and a high quality score in 2022, indicating effective cost management and high-quality care. This could positively impact the company's financial performance and reputation.
The news of Agilon Health's ACOs achieving significant gross savings and a high quality score indicates that the company is effectively managing costs and providing high-quality care. This could lead to improved financial performance and enhance the company's reputation, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100