Earnings Call Summary | P3 Health Partners(PIII.US) Q1 2024 Earnings Conference
Earnings Call Summary | P3 Health Partners(PIII.US) Q1 2024 Earnings Conference
The following is a summary of the P3 Health Partners Inc. (PIII) Q1 2024 Earnings Call Transcript:
以下是P3 Health Partners Inc.（PIII）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
P3 Health Partners reported Q1 2024 revenue of approximately a 29% increase year-over-year.
Medicare lives increased by 23% year-over-year reaching 126,800.
The company saw a substantial decrease (26%) in operating expenses down to $26.2 million.
The reported adjusted EBIDTA loss was $19.8 million, same as in Q1 2023.
Total revenue reached $388 million including the capitated revenue for the quarter of $384 million, reflecting a 29% growth compared to the prior year.
However, an adjusted EBITDA loss of $52 per member per month was observed.
P3 Health Partners報告稱，2024年第一季度收入同比增長約29％。
醫療保險壽命同比增長23％，達到126,800人。
該公司的運營費用大幅下降（26％），降至2620萬美元。
報告的調整後息稅折舊攤銷前利潤虧損爲1,980萬美元，與2023年第一季度相同。
總收入達到3.88億美元，其中包括本季度3.84億美元的資本收入，與去年同期相比增長了29％。
但是，觀察到調整後的息稅折舊攤銷前利潤損失爲每位會員每月52美元。
Business Progress:
業務進展：
The company reaffirmed its 2024 full-year guidance expecting to maintain Medicare Advantage members within the 125,000 and 135,000 range and predicting revenue to be within $1.45 billion and $1.55 billion.
They continue focusing on value-based care with a potential significant reserve release due to membership growth, increasing persistency, and funding.
P3 will be expanding into six new counties adding 8,000 to 10,000 more lives with an existing payer partner.
A strategic tie-up is announced with Innovaccer to implement an AI platform improving predictive modelling and quality.
Dr. Aric Coffman is now the new CEO replacing Sherif Abdou who will remain as an adviser.
The company anticipates its ACO REACH program, having had substantial growth, to contribute more significantly to future results with the goal of enhancing partnerships and outcomes in value-based care.
該公司重申了其2024年的全年指導方針，預計將Medicare Advantage成員維持在12.5萬至13.5萬人之間，並預測收入將在14.5億美元至15.5億美元以內。
他們繼續專注於基於價值的護理，由於會員人數的增長、持續性的提高和資金，他們可能會大量釋放儲備金。
P3將擴展到六個新縣，與現有的付款人合作伙伴一起增加8,000至10,000人的生活。
宣佈與Innovaccer建立戰略合作，以實施一個改善預測建模和質量的人工智能平台。
阿里克·科夫曼博士現在是新任首席執行官，接替將繼續擔任顧問的謝里夫·阿卜杜。
該公司預計，其ACO REACH計劃已經實現了大幅增長，將對未來的業績做出更大的貢獻，目標是加強基於價值的護理領域的夥伴關係和成果。
More details: P3 Health Partners IR
更多詳情： P3 健康合作伙伴 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。