Integrated Care Revenue Growth
Integrated Care segment revenue of $384 million increased 2.5% over the prior year period and was above the top end of guidance. Membership at quarter end was 93.9 million members, increasing by 4% year-over-year.
Financial Stability
Third quarter free cash flow was $79 million, up approximately 16% year-over-year. The company ended the quarter with over $1.2 billion in cash and cash equivalents on the balance sheet.
International Integrated Care Growth
International Integrated Care operations showed strong momentum with revenue growth in the high teens on a constant currency basis.
Strong Adjusted EBITDA Margin
Integrated Care adjusted EBITDA was $68 million, an 8% increase over the third quarter of 2023, with an adjusted EBITDA margin of 17.7%.