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Stock impact report

The Oncology Institute Reports First Quarter 2024 Financial Results and Reaffirms Full Year 2024 Guidance [Yahoo! Finance]

The Oncology Institute, Inc. (TOI) 
Company Research Source: Yahoo! Finance
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, 2024 Partnered with MaxHealth to expand value-based care and assume clinical and financial responsibility to patients in five Florida counties 7 new capitation and value-based contracts signed across 3 states, our highest number ever in a quarter Increase of 70% in scripts dispensed compared to prior year quarter Welcomed Jordan McInerney as new Chief Development Officer Hired 7 new providers in the quarter and ended the quarter with 73 clinics and 126 employed providers First Quarter 2024 Financial Highlights Consolidated revenue of $95 million, an increase of 24.2% from $76 million compared to the prior year qu Show less Read more
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