Agilon Health shares fell after the report
2022.12.05 14:23
Agilon Health shares fell after the report
Budrigannews.com – Agilon Health Inc. (NYSE:) After Citron Research issued a brief report on the stock, shares fell Monday.
Following the GameStop (NYSE:) incident, Citron announced in January 2021 that they would no longer issue short reports. likewise AMC Entertainmentbuying frenzy has recently resumed publishing its brief research.
It has now taken aim at Agilon Health, stating that the business model “unknowingly got torpedoed” by the U.S. Supreme Court without Wall Street’s knowledge, and that “the best days of Agilon are behind it.”
“The business model of Agilon is to collaborate with primary care physicians (PCPs) and share profits from reducing costs and Medicare overpayments.”Agilon is one of many businesses in the category of “physicians’ management services,” according to Citron, despite the company’s frequent use of ominous phrases such as “reinventing healthcare.”
Additionally, Agilon does not have long-term contracts with payors and does not own clinics or practices, according to Citron.
“Arrangements with physician groups to split additional profitability once uploaded on the Agilon platform are the foundation of this unprofitable business.
They went on to say that “the majority of these profits that have yet to be realized are to be generated through the increase of medical margin.”
Agilon “inflates its medical margin by including a line item titled ‘other medical expenses,'” according to the company.
