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Gohealth Inc   (NASDAQ: GOCO)
Other Ticker:  
 
    Sector  Financial    Industry Insurance Brokerage
   Industry Insurance Brokerage
   Sector  Financial
 
Price: $10.2700 $-0.44 -4.108%
Day's High: $10.99 Week Perf: -6.68 %
Day's Low: $ 10.06 30 Day Perf: -21 %
Volume (M): 32 52 Wk High: $ 21.00
Volume (M$): $ 329 52 Wk Avg: $11.66
Open: $10.61 52 Wk Low: $7.27



 Market Capitalization (Millions $) 46
 Shares Outstanding (Millions) 4
 Employees 1,247
 Revenues (TTM) (Millions $) 799
 Net Income (TTM) (Millions $) -7
 Cash Flow (TTM) (Millions $) -50
 Capital Exp. (TTM) (Millions $) 14

Gohealth Inc
GoHealth Inc. is a leading health insurance marketplace in the United States, established in 2001 by Clint Jones and Brandon Cruz. It operates at the intersection of health care and technology, offering a diversified platform that connects individuals and families with health insurance providers across the country. It is a publicly-traded company headquartered in Chicago, Illinois.

GoHealth offers a variety of health insurance options, including individual and family health insurance plans, Medicare Advantage plans, Medicare Supplement plans, and short-term health insurance plans. With its online platform, consumers can compare health insurance costs, benefits, and coverages from various insurance carriers in their area, get quotes, and apply for coverage - all in one place. GoHealth also offers telehealth consultations with licensed physicians and other healthcare providers.

GoHealth is committed to providing a seamless experience for its customers, from the initial search for affordable insurance to application and selection of the best plan. It offers personalized guidance and support through licensed agents who help consumers understand their options, compare plans, and enroll in a suitable insurance plan. It has a 95% customer satisfaction rating, earned through its focus on transparency, education, and customer service.

In addition to its core business of health insurance, GoHealth has expanded its offerings to include integrated health care services, such as primary care, behavioral health, and pharmacy services. It also partners with large employers and health systems to provide affordable and accessible health care options to their employees and members.

GoHealth has a strong financial performance, boasting a revenue of $1.3 billion in 2020, with a year-over-year growth rate of 141%. As of 2021, it employed over 5000 people across 24 offices in the United States. It has won several awards for its technology and customer service, including the 2021 Loyalty360 CX Awards and the Stevie Awards for Sales & Customer Service in 2020.

Overall, GoHealth is a prominent player in the health insurance and health care technology industry, offering transparency, affordability, and convenience to its customers. Its commitment to innovation and expansion positions it as a leader in the evolving health care landscape.


   Company Address: 222 W Merchandise Mart Plaza, Suite 1750 Chicago, 60654 IL
   Company Phone Number: 386-8200   Stock Exchange / Ticker: NASDAQ GOCO


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
EHTH     
SLQT        15.64% 
• View Complete Report
   



Product Service News

GoHealth On a Mission Supporting 25,000 Veterans with Affordable Medicare Plans This Enrollment Season!,

Published Mon, Nov 11 2024 1:01 PM UTC

As we enter the Medicare Annual Enrollment Period (AEP), GoHealth Inc. has launched a purposeful initiative to honor and support our nation s veterans. This year, GoHealth is on track to assist 25,000 veterans in navigating the complexities of health insurance, ensuring they can secure affordable plans that cater to their specific healthcare needs. A Commitment to VeteransGo...

Merger and Acquisition

GoHealth Closes Acquisition of e-TeleQuote, Solidifying Position in Medicare Marketplace

Published Tue, Oct 1 2024 12:01 PM UTC

In a strategic move that underscores its ambition to become a leading force in the Medicare insurance sector, GoHealth, Inc. (NASDAQ: GOCO) has officially closed its acquisition of e-TeleQuote Insurance as of September 30, 2024. This acquisition, following its announcement on September 4, 2024, significantly enhances GoHealth s capabilities in connecting consumers with perso...

Merger and Acquisition

GoHealth Acquiring e-TeleQuote: Strengthening Position as Leading Medicare Insurance Marketplace

Published Wed, Sep 4 2024 11:00 AM UTC


In a significant move that underscores its commitment to consumer-centric solutions, GoHealth, Inc. (NASDAQ: GOCO) has announced its acquisition of e-TeleQuote, a company widely recognized for its innovative approaches to Medicare insurance brokerage. This milestone in GoHealth s strategic growth aligns seamlessly with its mission to enhance the insurance experience for...

Gohealth Inc

Gohealth Inc Reports Loss Despite Revenue Improvement in Financial Time-Frame Ending March 31, 2024

Gohealth Inc, a leading health insurance marketplace and Medicare-focused digital health company, has seen an increase in its shares over the past year. The company's shares have increased by 5.64% from a year ago and by 5.64% from a year before. However, it is important to note that Gohealth Inc shares are currently trading only 16.2% above its 52 week low.
Despite the increase in shares, Gohealth Inc reported a loss of $-1.04 per share for the financial time-frame ending March 31, 2024. This is lower than the loss of $-1.12 per share reported in the previous year, but still represents a significant deficit for the company. The company's revenue grew by only 1.333% to $185.60 million from $183.16 million in the same reporting period a year prior. However, revenue tumbled by -32.923% sequentially from $276.70 million.

Gohealth Inc

GOCO Reports Very Strong Data in Fourth Quarter of 2023 Earnings Season

During the trailing 30 days, Gohealth Inc stock experienced a 1.31% improvement, while GOCO stock saw a 3.62% improvement over the past five trading days. Additionally, Gohealth Inc stock is currently trading 12.2% below its 52-week average on the NASDAQ.
In terms of earnings, Gohealth Inc reported positive news for the fourth quarter of the 2023 earnings season. The company reduced its loss per share from $-0.49 to $-0.13 compared to the previous year. Moreover, the earnings per share improved from $-2.61 to $0.13 from the prior reporting season.







Gohealth Inc's Segments
Medicare Revenue    98.61 % of total Revenue
Medicare Revenue Agency Revenue    78.01 % of total Revenue
Medicare Revenue Commission Revenue    65.83 % of total Revenue
Medicare Revenue Partner Marketing and Other Revenue    12.18 % of total Revenue
Medicare Revenue Non-Agency Revenue    20.61 % of total Revenue
Other Revenue    1.39 % of total Revenue
Other Revenue Other Revenue    1.39 % of total Revenue





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