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0 0 0.0326086956521739 0.0326086956521739 -0.0217391304347826 -0.092391304347826 -0.0434782608695653 -0.016304347826087
Stock impact report

The Oncology Institute Reports Fourth Quarter and Full Year 2023 Financial Results and Guidance for 2024

The Oncology Institute, Inc. (TOI) 
Company Research Source: GlobeNewswire
CERRITOS, Calif., March 27, 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 fourth quarter and year ended December 31, 2023. Recent Operational Highlights Remediated material weakness in Internal Controls over review of Complex Accounting Transactions.Signed full-risk capitated contract in South Florida, effective January 1, 2024 and have now successfully onboarded the membership and the IPA providers.Acquired and launched our California-based pharmacy in December and have already completed over 1,300 specialty medication fills.Jeremy Castle enjoyed his first full quarter as our new Chief Operating Officer.Hired 7 new providers in the quarter and ended the year with 69 clinics and 119 employed providers. Fourth Quarter 2023 Financial Highlights Consolidated revenue of $86 million, an increase of 20.1% compared to th Show less Read more
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