Agilon Health Announces Sale Of MDX Hawaii; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Agilon Health (NYSE:AGL) has sold its wholly owned subsidiary, MDX Hawaii, to a private buyer. The sale will allow Agilon to focus on its core partner markets in the continental United States. MDX Hawaii is a provider network supporting approximately 600 physicians. The financial terms of the deal were not disclosed.
November 01, 2023 | 9:06 pm
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Agilon Health's sale of MDX Hawaii could potentially streamline its operations and focus on its core markets, which may have a positive impact on its stock.
The sale of MDX Hawaii allows Agilon Health to concentrate on its core partner markets. This strategic move could potentially lead to improved operational efficiency and financial performance, which may positively impact the company's stock price in the short term.
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