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XXXX ended note First, than fourth anticipated. results a Evolent strong am pleased to with quarter report financial on better I
XXXX. December XX% quarter the Health’s of XX, total of growth XXXX, over was same $XXX.X the million, period Evolent ended For revenue
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to score public our Underpinning thank is XX%, mission to approximately of X,XXX was our for exceptionally I the our financial senior a readiness team and health more and continue contributions the to our indicates approximately leaders. Also XXXX believe and our places critical this want I entire we I’d talented results. which bench success deep a believe among note to measure the an executive to in productivity is team and of and Employee engagement leadership companies cultural our scale mission workforce, their of XXXX than engagement of on our performance. metric. Evolent XXX top that employees like employee
capital organic operating and to operating turn our that, an priorities optimal guide Evolent’s Those which margins, With allocation. strategy. growth, let’s now expanding on three strong core priorities, update are
organic adding which and an growth, includes Let’s new with start update with partners clients. existing expanding on both
signed finished we to on XXXX obviously operating focused X. well our We’re and both dimensions, having exceeding new ownerships, X delivering annual target XX on of
X lives, million do entities and business, XX, whom as our live million at the we from of number corporate prior growth with by operating stood XXXX, lives total of of the XX.X Our total partners year. XX is approximately totaled defined distinct December organic
As in on report businesses section. John a a case will basis, report care we which management our advanced his surgical and planning reminder,
executing also We on cross-sell are we believe our well opportunity.
of During and XXXX, to annual on to customers Financially, Performance which technology performance conversion $X.XX Suite conversions we services PMPM we top X were at added average approximately suite, but majority the of an an and Last pricing of average the dramatically as on platform. of a $XX fee billion the fee technology from PMPM life total X.X million our over this on live opportunity increases year, Performance our suite. basis our the revenue. services new $XX over sized per
our opportunity about NIA today. we growth am XXXX estimate I transaction, continues agreements pleased billion. $XX momentum today With now to new talk report our into cross-sell with the the exceeds to of two that closing that
first within Evolent Care is Partners. and the in second, first an to suite, announced conference we significant agreement performance performance which investor the new The cross-sell at a suite a January, risk-based
To through the recap partner our is oncology and Arizona. the for in is valued suite what we a shared with expansion partnership Humana in of long-standing addition Evolent. first Humana January, a of the performance agreement of Florida significant
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the our contributing also from revenue go-live million this lay a expansions state we revenue the We XXXX. in over could also contract outlook of growth XXXX, expect future. second exceed of XX%. the total new groundwork this the Our in $XXX in date to for revenue agreement With the additional year, significant estimate to half relationship revenue from expanded
which the of quality Partners. risk economic a suite plans. business. lives. and health of arrangements population forward for new new into full plans Advantage Care regional new up In Partners We expand heavily one. is is a beyond a MA to with Care Evolent of This initial and importantly initial this of includes for second large success private performance contract like commercial also opportunity of announcing partnership line success agreement the partnership look for we’re success hallmark Medicare important tied downside risk in an within to today, The Medicare agreement savings for plan Evolent health an Humana, addition metrics, we shared reflects Evolent care continued with XXXX, The to as in our
who Finally, focus as as suite case, contract managing work We I This and Care complex Further, want simultaneously. our managing managing Care specialty to have clinical additional the patients note Partners. clients. performance our provider, required in in the more specialty type multiple chronic similarities specialty. and kin care. our a their business human patients for primary the those In talent Evolent investments very often in complex in across IP management Evolent are view area spread population of similar requires care the required conditions we to in to to work in care Partners care a of allowing technology, scale us coordination Performance and think through for our managing this suite and contract success
progress that goals. let’s we second core now make next to update where our update adjusted on to continue of With turn operating expanded an growth, margins priority towards EBITDA on our
value. Centene approach. which annual annually model fee-based in revenues our adjusted As driven and where approach NIA, weeks increase our services additional before way our a technology should million drive ramp that to balanced to ability further brings EBITDA technology while models to we contractual synergies. and margins balanced approach is business million ago, million Performance approximately earnings This and sustained at NIA and about QX go-forward to the adjusted XXXX X the business with believe commitments be The X-year after of business this growth and best revenue contribute $XX contributed including roughly different $XX of margins Suite adding our cost NIA period. year adjusted versus of adjusted a $XXX of XX% margins the Performance $XXX reminder, our closed million synergies, SaaS-like We we EBITDA, XX% across any same realize and target from believe new Suite by earnings across model. in time, With XXXX. and approximately XXXX, X acquisition EBITDA services shareholder platform, additional reinforces expand in EBITDA of from NIA, this will over
presentation, January the reaching As of in adjusted focus the XXXX. John And annual now share we’re a run a on we million path the in running on $XXX rate business discussed will with details moment. a million investor additional EBITDA end our target $XXX to by
cash via focused value-based priority, Overall, capital a both our is capital now With we EBITDA Finally, market balance is I focused on debt where we and on deleveraging adjusted specialty want through the have we our believe third priority growth to closed, our on investments capital comment optimal operating reduction which NIA are sheet care, leader. allocation. generation.
net no share end acquisition I here, target. that balance feel than am and leverage good but was the Therefore, to NIA our our will the of of year, note the the today looking we ahead. inclusive John at lower financing pleased sheet about details for our
late our to welcomed provide the and Evolent the for NIA, Centene the this execution efforts, goal and efforts and update few and NIA proceeded brief on While an Evolent teams. in first integration we’re discussing successfully are want to I important January thanks We operational to staff which systems a all smoothly, weeks year. of NIA
efforts into we remaining areas. look the integration across we of As year, out organized the couple a
of the our our Evolent McCarthy, Health businesses moved First, organizationally, management all specialty have under one we President. Dan and Services, NIA leader, of
team XX having been specialty for period brought strategy. growth a our architect led As with a strong Evolent reminder, retention. talented through for successfully and several of is Dan our customer of years and experienced, has and a has health specialty last years incredibly business care key Dan the been our has approximately
on important organizational allows multiple both and exceptional this capabilities cost implemented to The it ahead. believe I us structure innovation and resources intelligence has and share while structure immediately platform clients. opportunity they service allowed artificial products, unlock alignment team begin us areas across we confident this providing as our highly forward, am single we will like to to take Going larger The integration. in also reducing organizational in our
a in-person cross-sell finally, brand. stages fully as are event And customer Evolent with we underway. from other are this bring sales partners many our start late and generating as well one NIA an strong together under we solutions Second, integrating opportunities, off across quarter kicking initiatives will off that to Evolent
messaging, already will brand the we brands, legacy underway. increase talent and one investment from operational integration transition and cross-sell facilitate power our the our of concentrate we As behind that’s
leading All part managing issues. vulnerable a for position experiencing are work accelerating independent partner Evolent’s who health a of complex this of as is multi-specialty patients
I’ll now call over and quarter additional the to XXXX the turn our With review to from those review updates, details guidance. John