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Stock impact report

The Oncology Institute Reports First Quarter 2024 Financial Results and Reaffirms Full Year 2024 Guidance

The Oncology Institute, Inc. (TOI) 
Company Research Source: GlobeNewswire
CERRITOS, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- The Oncology Institute, Inc. (NASDAQ: TOI) (“TOI” or the “Company”), one of the largest value-based community oncology groups in the United States, today reported financial results for its three months ended March 31, 2024. Recent Operational Highlights Include: Successfully completed integration of first capitated risk contract direct to a health plan, and launched MSO model to enhance employed clinic locations, in the Florida market, effective January 1, 2024Partnered with MaxHealth to expand value-based care and assume clinical and financial responsibility to patients in five Florida counties7 new capitation and value-based contracts signed across 3 states, our highest number ever in a quarterIncrease of 70% in scripts dispensed compared to prior year quarterWelcomed Jordan McInerney as new Chief Development OfficerHired 7 new providers in the quarter and ended the quarter with 73 clinics and 126 employed providers First Quart Show less Read more
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