P3 Health Partners Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
March 28, 2024 at 04:06 pm EDT
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P3 Health Partners Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 342.84 million compared to USD 254.03 million a year ago. Revenue was USD 346.86 million compared to USD 258.21 million a year ago. Net loss was USD 25.46 million compared to USD 94.03 million a year ago. Basic loss per share from continuing operations was USD 0.22 compared to USD 2.26 a year ago. Diluted loss per share from continuing operations was USD 0.22 compared to USD 2.26 a year ago.
For the full year, the company reported sales was USD 1,252.31 million compared to USD 1,034.8 million a year ago. Revenue was USD 1,266.38 million compared to USD 1,049.47 million a year ago. Net loss was USD 57.77 million compared to USD 270.13 million a year ago. Basic loss per share from continuing operations was USD 0.61 compared to USD 6.5 a year ago. Diluted loss per share from continuing operations was USD 0.63 compared to USD 6.5 a year ago.
P3 Health Partners Inc. is a patient-centered and physician-led population health management company. The Company supports primary care providers with value-based care coordination and administrative services that improve patient outcomes and lower costs. Through partnerships with these local providers, it creates an enhanced patient experience by navigating, coordinating, and integrating the patientâs care within the healthcare system. Its technology platform, P3 Technology/Health Hub, enables physicians, care teams, patients and their family members to engage in the care journey. P3 Technology/Health Hub integrates clinical and claims data from more than 250 disparate data points each month from payors, outpatient and inpatient facilities and other ancillary care settings. It has a network of more than 2,800 affiliated primary care providers across the country. Its local teams of health care professionals manage the care of thousands of patients in 23 counties across five states.
P3 HEALTH PARTNERS INC. 
