Gohealth reports first quarter 2021 results

Chicago, may 12, 2021 /prnewswire/ -- gohealth, inc. (nasdaq: goco), a leading health insurance marketplace and medicare-focused digital health company, announced financial results for the three months ended march 31, 2021. first quarter 2021 net revenue of $204.2 million increased 45% compared to the prior year period first quarter 2021 medicare—internal revenue of $157.4 million increased 65% compared to the prior year period first quarter 2021 medicare advantage ("ma") approved submissions of 171,127 increased 48% compared to the prior year period first quarter 2021 ma ltv per approved submission of $995 increased 17% compared to the prior year period first quarter 2021 net loss of $7.3 million compared to a net loss of $0.9 million in prior year period; adjusted ebitda1 of $32.0 million decreased 8% compared to the prior year period due to the 2021 strategic investments in agent capacity, marketplace technology, branding and encompass platform the company reaffirmed its full year 2021 outlook, and expects total net revenue of $1,150 - $1,300 million (+31% to +48%) powered by commission net revenue of $950 - $1,100 million (+42% to +64%).
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