agilon health, inc.

agilon health, inc. (NYSE: AGL) partners with community-based physician groups to help them manage Medicare patients through a value-based care model. It provides technology, operational support, people and capital, while its local risk-bearing entities contract with health plans under global-capitation arrangements and assume responsibility for members’ medical costs. Physician partners share in savings associated with care quality and cost improvements. The company’s platform supports primary care practices in coordinating care, working with payors and managing patient populations; its customers and partners include physician groups and health plans, while its care model serves Medicare Advantage members and traditional Medicare beneficiaries. agilon operates through local geographies rather than reportable business segments, partnering with 28 anchor physician groups across 30 geographies at year-end 2025. Its physician partners served approximately 511,000 Medicare Advantage members and 114,000 Medicare fee-for-service beneficiaries as of December 31, 2025; the company had 856 employees. Founded in 2016, agilon established its first physician-group partnership in 2017.