Signify Health Results Presentation Deck
--> Q3 2021 highlights
Total Operations
Revenue
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Home & Community Services
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Net Income
Adjusted EBITDA (1)
Adjusted EBITDA Margin (¹)
Revenue
Adjusted EBITDA (1)
Episodes of Care Services
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Revenue
Adjusted EBITDA (1)
signifyhealth
$199.2M
$ 29.3M
$ 42.0M
21.1%
$169.1M
$ 49.9M
$30.1M
($7.9) M
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29% increase in revenue driven by strong HCS results
Strong operating performance and $27.3M EAR revaluation
46% increase in adjusted EBITDA driven by HCS revenue
250 basis point increase in adjusted EBITDA Margin
47% increase in revenue and 139% increase in adjusted
EBITDA due to strong in-home-evaluation volume of ~488K
compared to -362K in Q3 2020
1.447 million 9 mos 2021 IHE volume exceeds 2020 total
year volume
25% reduction in revenue reflects adverse COVID-19 impact
on program size, and in 2020 there was an increase in
estimated revenue of $9.2M related to positive new
information ahead of 4Q 2020 BPCI-A reconciliation
Next BPCI-A reconciliation expected in 4Q 2021
1) We define Adjusted EBITDA as net income (loss) before interest expense, income tax expense, depreciation and amortization and certain items of income and expense, including asset impairment, other (income) expense, net
transactions-related expenses, equity-based compensation, remeasurement of contingent consideration, customer equity appreciation rights, SEU expense, loss on extinguishment of debt, and non-recurring expenses. See slide
titled "Reconciliation from GAAP net loss to Adjusted EBITDA" for a reconciliation of Adjusted EBITDA to net loss and the calculation of Adjusted EBITDA Margin
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