GoHealth(US:GOCO) Globenewswireยท2025-11-13 12:00Core Insights - GoHealth, Inc. has intentionally reduced its Medicare Advantage volume to adapt to a changing market that prioritizes retention and member stability over raw enrollment growth [2][3][6] - The company's third-quarter performance reflects a disciplined approach, maintaining liquidity and reducing fixed costs while focusing on platform efficiency and strategic flexibility [3][6] Financial Performance - For the three months ended September 30, 2025, GoHealth reported net revenues of $34.186 million, a decrease of 71.1% from $118.292 million in the same period of 2024 [16] - Operating expenses for the same period totaled $322.103 million, a significant increase of 100.1% compared to $160.964 million in 2024, leading to a loss from operations of $287.917 million [16][18] - The net loss attributable to GoHealth, Inc. for the three months ended September 30, 2025, was $165.846 million, compared to a net income of $6.775 million in the same period of 2024 [18] Strategic Focus - The company is emphasizing a retention-first strategy, reinforcing objective guidance to members and protecting the quality of its member base [6][3] - GoHealth aims to maintain its leadership in Special Needs Plans (SNP) and has preserved strategic capabilities to scale when market conditions stabilize [6][2] Market Environment - The Medicare Advantage environment has shifted towards margin integrity and long-term member value, prompting GoHealth to align its operating model accordingly [2][3] - Health plans are increasingly prioritizing renewal stability and member quality, which has influenced GoHealth's decision to reduce its Medicare Advantage volume [2][6] Operational Metrics - The number of submissions for the three months ended September 30, 2025, was 72,183, a decrease of 56.6% from 166,195 in the same period of 2024 [27] - Sales per submission decreased to $461 in the third quarter of 2025, down 34.3% from $702 in the same quarter of 2024 [27]