Good elements: Thanks, outlook and series following today's context changes to of the through afternoon, us. company. utilization; and latest we guidance, tangible progress a walk against making on action are performance plan; you including would and On the our for call, forward our I joining QX rapid like Leland. our around within results our thank you and important organizational recent
quarter revenue dates second January communicated membership to of quarter. growth, guidance of payer to lower These grew offset contracts unprofitable forecast at our X MA our the retroactive the end our stronger-than-expected results. to grew the were second XX% versus range, MA termination previously the select reflecting to by $X.X members, of of Turning end termination XX% group at and results year-over-year XXX,XXX billion.
are full retroactive including a guidance while XXX,XXX raising contract full As of membership we of lowering to a membership factors, of the modestly series revenue due our strong year to members midpoint guidance our a our growth, result core year terminations.
of medical amounts member quarter in translates guidance X.X%. guidance to midpoint or million, QX due decision $XX line second revenue. our versus our to These was margin $XXX the which to our a trend X.X% X.X% cost were of higher of below partially range, per The and month per book slightly
prudent continue trends in-quarter to prove We above. take million. visibility amount margin on also data Year-to-date, and exits reflects was contract cost a medical the posture This until otherwise. $XXX mentioned
offset to the We offset factors, will revenue be partially our of million lower better year the including several $XXX payer medical as volume to at range maintaining are by be but lower second margin higher towards EBITDA full at expect payments lower guidance $XXX putting EBITDA to end million this was quarter $XX for arrangements.
Adjusted and minus incentive it operations differences range, our on lower by guidance a timing basis, medical MA the million. new slightly $X was margins. On partner largely costs end of million, some and year-to-date due high adjusted
margins, adjusted overall the year, costs. maintaining market For we our EBITDA entry by reflecting range, full better medical lower MA guidance offset are
that that medical some also further April, quarter inpatient quarter national our down moderated indicators, consistent decline quarter to relative largest assumes cost trends slightly This was first higher through levels, which have and guidance. intra-quarter payers, and with drugs Part our census data expanded from our utilization QX to trend recorded QX trends the cost with have QX driver.
Paid relatively year being principal second admissions a use B rest is and real-time quarter, with to trend prior line we data, including the complete of in for which although results that variability. payer indicates the medical restated of at QX Our remain are for our the the for cost through claims guidance elevated inpatient indicate favorably
While these are assumptions. early, and view we our guidance these where relative trend book QX points indicators encouraging as data to we
plan. performance Turning action to our
progress are positions accelerate executing which We tangible our us profitability. plan, making to performance and
As one, doctors strong our includes the relationships; our to a increasing of accelerating and primary two, four, three, operating care efficiency. following data reminder, our refining and engagement the payer X narrow our improving elements: plan variability; analytics; visibility
Let me updates, provide a relationships. starting with payer our few
bids drive As higher Ongoing our important their with plans care health forecast. issues; discussed exiting year-to-date productive include relief as macro are half reflected changes off-cycle our of continue MA increases part from payer-specific unprofitable utilization; results physician payer and in-year critically in These value-based discussions payers key of XXXX on the three, our contracts. strategies. in costs and reflect partnerships and percentage for last call, network rate to to second environment a premium and to discussions,
discussions As discussions magnitude previously and risk change respective up and contract mix and will in the close few and made These the XXXX plan have a physician the discussed, health firming of our with payer our each our be for has with for partners.
Most and specifically year. be focused on collaboration continue, coming will period the payers' network critical arrangements XXXX, scope filings. of health months local product our been plans next
Turning to variability physician partners our reduce work in care. to delivering our with PCP
highest-risk one, may this process for performance.
The issues total initiated and we our patients, markets educating our review primary with in have performance that have plans from be care panel We the active any helping implemented are care scaled XX% medical their and two, our XX-plus results drive PCPs highest-risk action model; markets approximately an great which supporting benchmark understand caring of PCP, Across and create clear and our their each of early local encouraging. director team operational have spend; patients. made in progress inhibiting XX% and doctors, identify care in for overall their that three,
leaders process in January seeing year. patients We this high-risk May compare February we patients.
To implemented are medical executive primary in that adding this to hospital and in change high-risk positions we director network. ER markets have further are care their not invested seeing guide in these have for By and our reduction have to events positions of admin an directors local events average medical admin when from X% accelerate our process, support and and no for this comparison, experienced filled
very of both the quality patients. in is the results network measurement to reinforce of and engaged, high-risk care the agilon's deliver potential activity, this early and and senior supported PCP execution it doctors differentiated of focused cost While primary results for informed, appropriately
visibility and Turning analytics. to data
as continuing XX% are We third onboarded. our onboard We pipeline on total implementation quarter remaining data financial and move approximately through the track and data have the member remain year. of balance we full of lives to our
payer partner performance payer high-risk disease performance. expenses data to data and and have payer-level decisions new our contracts how cost Similarly, more This lake. allows of this product is and and and differentiated patient patients. for of faster.
With service our increased administrative which into analysis data overall and by management a agilon visibility and to we internal visibility, component affect to mix, longitudinal combined medical plan results maturation, finance and as state, data such teams us category PCPs cost manage risk their analysis revenue, enables cohort health teams payer quality better strategy understand complexity inform quarter, adjustment, deliver all a our pipeline of comprehensive cost our detail process This analyze moved medical trends since quality partner also in vital
so refine progress we clinical, continue and this with pleased visibility this into far incorporate how financial and operational, improved are expect functions. to to our We
basis a have and X% XXX to support made of strides centralization technology we reflecting approximately of significant accelerated reduce revenues, Finally, through improvement. point to use better our platform year-over-year
our the and by team of organizational I strengthened further physician positioned this differentiate the environment. encouraged had our dynamic network our On side, moves that partners performance to in am recent
Jeff's Jeff our a within Schwaneke deep former we managed management set the being team that and of is served welcomed CFO impact felt, positive our the on organization on as CFO just our CFO. and First, I'm month brings is and very he a new over care of broader ago, chair. in Board already previously Centene's appreciative Jeff as experience Directors.
information strategy have to of we alongside regional on market of overseeing directors co-leading This on physicians. emphasis announced care Kevin the Similarly, our agilon's Spencer. and roles Karthik Chief Karthik medical work at revamped Together, sits with Dr. each Clinical performance our heart to a Officer, their network differentiates Chief Medical and partner credibility and and complex our PCP July our XX, our management senior particular the Officer, strengthened as Rao the identification critical what and Kevin patients provide of on patients. system clinical their our with Dr. most
benefit from company. we in our business future to Officer, focused strategies Development will deep for Chief of model mission. filing growth we understanding Desai, role I a strategic and Today, our pleased announced XX-Q long-term on payer Strategy the that to adviser assume continue and will am new and Veeral our opportunities Veeral's our commitment
team full now report their progress and of we on in communities. relationships important with unique delivery closing, in of seeing me. both we established the Given strong a of by the and to health our risk higher-than-expected vision payer continued across directly our in states we will the and business model within are of Mokover, have senior led health with experience senior our payers scaled payer leader agilon, and transform platform and care doctors patients will are of veteran to relationships This XX-plus management who care Sarah The care be importance execution, team primary extensive PCPs enabling has senior success patient towards the in plan our partners.
In the growth indicators making strategy are XX communities. our our position
and Advantage reimbursement, disciplined our costs near Medicare differentially the for equitable focus strengthen should only which physicians remains position to and challenging relative plans. in remain manage to term, our environment the While controllable we in health receive
me over to Jeff. let that, With the turn call