Company Overview - GoHealth (GOCO) shares increased by 9.2% to close at $13.98, with a notable 28% gain over the past four weeks, supported by solid trading volume [1] - The company is transitioning from a Medicare enrollment company to a Medicare engagement company, focusing on enhancing customer interactions and satisfaction through various initiatives [2][6] Financial Performance - GoHealth is expected to report a quarterly loss of $2.47 per share, reflecting a year-over-year decline of 39.6%, with revenues projected at $140.66 million, down 1.5% from the previous year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [4] Industry Context - GoHealth operates within the Zacks Insurance - Life Insurance industry, which is currently facing margin pressure, particularly for non-special needs plans, leading to potential benefit disruptions and market exits [5][7] - Despite these challenges, health plans are seeking targeted growth, and GoHealth is well-positioned to assist in achieving this growth in specific markets and products [7] Market Sentiment - The stock currently holds a Zacks Rank 3 (Hold), indicating a neutral sentiment in the market [9]

Core Insights - GoHealth, Inc. has announced changes to its Board of Directors, welcoming two new members, Alan Wheatley and Abhiraj Modi, to fill the vacancies left by Joseph Flanagan and Christopher Litchford [1][2]. Company Overview - GoHealth is a leading health insurance marketplace focused on Medicare, utilizing advanced technology and data science to assist consumers in selecting appropriate healthcare plans [4]. - The company has successfully enrolled millions in Medicare and individual family plans since its inception [4]. Board Changes - Alan Wheatley, former President of Medicare at Humana, brings over thirty years of experience in the Medicare sector, including a decade in senior executive roles at Humana [2]. - Abhiraj Modi, Managing Director at Centerbridge Partners, has over ten years of experience focusing on financial services and healthcare investments [2]. - The addition of Wheatley and Modi is expected to enhance GoHealth's strategic decision-making and commitment to transforming the Medicare Advantage industry [3].

GoHealth welcomes Alan Wheatley, former President of Medicare at Humana, and Abhiraj Modi, Managing Director at Centerbridge Partners as its newest members of the Board, filling the open seats made available by the transitions of Joseph Flanagan and Christopher Litchford off of the board. Mr. Wheatley brings over thirty years of experience in the Medicare space, including over a decade at Humana as a senior executive. Mr. Modi has spent over a decade at Centerbridge focusing on financial services and health ...

CHICAGO, June 18, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (GoHealth) (NASDAQ: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, announced the company will present at the Noble Capital Markets Consumer, Communications, Media, and Technology Emerging Growth Virtual Equity Conference on Wednesday, June 26, 2024, at 2:00 p.m. Eastern Time. A live webcast of the presentation may be accessed through a link that will be posted on GoHealth's Investor Relations website, https ...

Jose Luis Pelaez Inc/DigitalVision via Getty Images GoHealth (NASDAQ:GOCO) is a large-scale broker of insurance products, especially the popular Medicare Advantage plans in which Medicare benefits are delivered by a private insurer, although the company brokers for Medicare supplement plans and other insurance product lines as well. The basic outline of the business model is this: consumers looking for a Medicare plan that best suits their needs can face a vast ocean of choices, with a range of benefit opti ...

CHICAGO, May 22, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (GoHealth) (NASDAQ: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, announced the company will present at the William Blair Growth Stock Conference on Wednesday, June 5, 2024, at 4:20 p.m. Eastern Time. A live webcast of the presentation may be accessed through a link that will be posted on GoHealth's Investor Relations website, https://investors.gohealth.com/. A replay will be available through the same link ...

Financial Performance - Q1'24 Cash Adjusted EBITDA was $70 million, compared to $78 million in Q1'23[16] - The company reported a $74 million improvement in Quarter-End Cash Adjusted EBITDA[14] - Q1'24 Adjusted Gross Margin per Submission was $216, an 7% improvement compared to $202 in Q1'23[20] - Sales per Submission increased by 8% from $794 in Q1'23 to $856 in Q1'24[20] - Cost per Submission increased by 8% from $592 in Q1'23 to $640 in Q1'24[20] Revenue and Adjusted EBITDA - Q1'24 TTM Reported Revenue was $734.4 million, a decrease from $737.1 million in Q1'23 TTM[39] - Q1'24 TTM Reported Adjusted EBITDA was $71.9 million, an increase from $73.2 million in Q1'23 TTM[39] - Q1'24 Net revenues were $185.6 million, compared to $183.158 million in Q1'23[55] - Adjusted EBITDA for Q1'24 was $26.894 million, compared to $28.778 million in Q1'23[55] Non-GAAP Measures - The company uses non-GAAP financial measures, including Adjusted EBITDA and Cash Adjusted EBITDA, to evaluate performance[37] - Cash Adjusted EBITDA equals Adjusted EBITDA plus or minus the year-over-year change in net contract assets[45]

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) Commission File Number: 001-39390 GoHealth, Inc. (Exact name of registrant as specified in its charter) _________________________ (State or other jurisdictio ...

Regulatory Updates "Our first quarter results exceeded our expectations and highlight our team's ability to be innovative and resilient amongst market conditions. The proactive work we have done to drive consumer centricity has been instrumental in our ability to navigate the ever- evolving regulatory landscape. Our model is aligned with CMS's intentions to protect consumers, and the work we have done has prepared us well for the current regulations and those likely to come," said Vijay Kotte, CEO of GoHeal ...

CHICAGO, May 09, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ:GOCO) ("GoHealth" or the "Company"), a leading health insurance marketplace and Medicare-focused digital health company, today announced financial results for the three months ended March 31, 2024. First Quarter Highlights First quarter 2024 net revenues of $185.6 million, a slight increase compared to $183.2 million in the prior year period.First quarter 2024 Submissions of 216,148, a 2,503 increase compared to 213,645 Submissions in the prio ...