agilon’s latest long-term partnerships with
leading multi-specialty and independent primary care practices will
expand the delivery of value-based care to more seniors and new
communities
More than 3,000 primary care doctors are now
part of agilon’s growing Physician Network
agilon health (NYSE: AGL), the trusted partner empowering
physicians to transform health care in our communities, today
announced that it has formed long-term partnerships with five new
physician practices across the U.S. to enable their transition to a
full-risk, value-based care model. Recognized leaders in their
respective communities, the new partners include Graves Gilbert
Clinic in Kentucky, Mankato Clinic in Minnesota, Springfield Clinic
in Illinois, and Twin Cities Network in Minnesota, as well as an
independent, multi-specialty practice in North Carolina to be named
at a later date.
With these new partnerships, agilon’s Physician Network will
grow to include over 3,000 primary care physicians who are
delivering value-based care to more than 700,000 senior patients in
30+ communities. Additionally, agilon will enter the state of
Illinois for the first time and expand its existing broad footprint
in Kentucky, Minnesota and North Carolina.
“More leading physician practices want to join agilon health’s
Physician Network and platform to be part of the movement toward
value-based care,” said Steve Sell, chief executive officer, agilon
health. “Our new partnerships with these five leading physician
practices demonstrate the power of our growing Network, especially
in communities where we operate today like Kentucky, Minnesota and
North Carolina. Each of our new partners has built a strong
reputation in their local community and we look forward to
enriching the quality of care to their senior patients.”
By partnering with agilon, physician practices make a joint
commitment to transform health care delivery by shifting to a
value-based Total Care Model for their Medicare patients that
improves outcomes and lowers cost. Established in 2016, agilon has
deep expertise in full-risk, value-based care for Medicare
Advantage and Fee-for-Service innovation models. Today, more than
30 physician groups and health systems are in long-term
partnerships with agilon and have transitioned to full-risk for
their Medicare patients through agilon’s technology-enabled
platform.
“We are excited about this partnership with agilon health,”
stated Jerry Roy, MD, Chair of the Graves Gilbert Clinic and 2025
agilon health partner. “Having a value-based care partner of this
magnitude will be a significant lift for patient care and
understanding how to help manage quality, access and value in our
health care environment. This is a real game changer for primary
care.”
About the new partners
Graves Gilbert Clinic was founded in 1937 and is South Central
Kentucky’s largest physician-owned medical group. Graves Gilbert
Clinic has 200+ providers; over one million patients visit their
clinics annually. Graves Gilbert Clinic has providers in 30
specialties and 25+ locations throughout South Central
Kentucky.
Mankato Clinic was founded in 1916 by five area physicians who
believed that a comprehensive, multi-specialty group practice
offered the best means of providing quality health care to the
residents of southern Minnesota. Mankato Clinic has grown to over
180 physicians and practitioners and employs nearly 900 people. It
is the largest physician-owned and led multi-specialty healthcare
group in the state of Minnesota.
Springfield Clinic has been dedicated to delivering the highest
quality primary and specialty care to patients in central Illinois
since 1939. A community-based organization, Springfield Clinic has
more than 650 physicians and advanced practitioners delivering care
in more than 80 medical specialties and sub-specialties. The
practice’s physicians, nurses and employees live, work and take
great pride in the more than 20 counties they serve in central
Illinois.
The Twin Cities Network is comprised of three independent
practices located in the Twin Cities area of Minnesota: Edina
Sports & Family Medicine, France Avenue Family Physicians and
Northwest Family Clinics. Edina Sports & Family Medicine
provides complete family practice services plus additional experts
in sports medicine and holistic medicine to meet the changing needs
of today’s family. France Avenue Family Physicians is an
independent private practice specializing in family practice, with
nine practitioners dedicated to providing excellence in
personalized, compassionate, high-tech care that is consistent and
choice-conscious for patients. Northwest Family Clinics, a
physician-owned group of specialists in family medicine for nearly
70 years, provides comprehensive, coordinated and high-quality
medical care to patients in all stages of life, with 20+ providers
spread across three locations.
About agilon health
agilon health is the trusted partner empowering physicians to
transform health care in our communities. Through our partnerships
and purpose-built platform, agilon is accelerating at scale how
physician groups and health systems transition to a value-based
Total Care Model for their senior patients. agilon provides the
technology, people, capital, process and access to a peer network
of 3,000+ PCPs that allow physician groups to maintain their
independence and focus on the total health of their most vulnerable
patients. Together, agilon and its physician partners are creating
the health care system we need – one built on the value of care,
not the volume of fees. The result: healthier communities and
empowered doctors. agilon is the trusted partner in 30+ diverse
communities and is here to help more of our nation’s leading
physician groups and health systems have a sustained, thriving
future. For more information about agilon health, visit
www.agilonhealth.com and connect with us on LinkedIn, Instagram and
YouTube.
Forward Looking Statements
Statements in this release that are not historical facts are
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements include, among other things, statements regarding our
and our officers’ intent, belief or expectation as identified by
the use of words such as “may,” “will,” “project,” “expect,”
“believe,” “intend,” “anticipate,” “seek,” "target," “forecast,”
“plan,” “potential,” “estimate,” “could,” “would,” “should,” and
other comparable and derivative terms or the negatives of such
words. Examples of forward-looking statements in this release
include, among other things, statements regarding our ability to
grow and continue to expand our business, the expansion of our
operations, the growth of our physician network and business, and
number of Medicare Advantage members on our platform. The following
important factors and uncertainties, among others, could cause
actual results to differ materially from those described in these
forward-looking statements: our ability to expand into and develop
successful new geographies, physician partners and health plan
payors; our ability to execute upon our growth initiatives and
operating strategies, and our ability to grow our Medicare
Advantage members, and additional risks related to other factors
discussed under “Risk Factors” in our Annual Report on Form 10-K
for the year ended December 31, 2023. Except as required by law, we
do not undertake, and hereby disclaim, any obligation to update any
forward-looking statements, which speak only as of the date on
which they are made.
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version on businesswire.com: https://www.businesswire.com/news/home/20240507824390/en/
Investor Contact Matthew
Gillmor Vice President, Investor Relations
investors@agilonhealth.com
Media Contact Maureen Merkle
Communications & Public Affairs media@agilonhealth.com
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