American Oncology Network Reports Strong Growth and Record Milestones in 2025

Core Insights - American Oncology Network (AON) achieved annual revenue exceeding $2 billion for the 12 months ending June 30, 2025, reflecting over 40% growth compared to the previous year [1][2] - The provider network expanded to over 300 oncology and hematology specialists across 20 states, enhancing access to advanced treatments and diagnostics [2][4] Financial Performance - AON's revenue growth is attributed to both organic expansion and the addition of numerous practices and providers in new markets [2] - Partner practices experience an average increase of over 30% in sustainable income after joining AON [3] Network Expansion - AON added dozens of new practices and providers, continuing to grow its network [4] - The company is actively recruiting providers for 16 clinic locations and plans to welcome four new physicians next month [6] Treatment Innovations - More than 40 AON-affiliated clinics began offering bispecific T-cell engager (BiTE) therapies, expanding access to advanced immunotherapy [7] - AON broadened access to radioligand therapies (RLT) for certain metastatic and rare cancers [8] - AON launched a cloud-based laboratory information system to improve efficiency across its pathology and oncology labs [9] - AON co-created MiBA, an AI-enabled trial matching and patient navigation platform to enhance access to clinical trials [10] Value-Based Care Initiatives - AON achieved nearly $6 million in cost savings for CMS through the Enhancing Oncology Model (EOM) and partnered with a multi-state commercial value-based care organization, resulting in $2.7 million in cumulative savings [17] - AON implemented a social risk navigation platform, leading to a 39% improvement in social risk factors contributing to better health outcomes [17] Leadership and Vision - AON appointed several senior leaders in the first half of 2025 to support continued growth [13] - The company aims to amplify its national impact by advancing clinical innovation and strengthening partnerships [14] - AON is committed to ensuring personalized, high-quality care while reducing costs and improving outcomes [15]