Joshua Raskin

Jack Senft

Ryan Langston

Aaron Wukmir

Arun Mokmir

Brooks O'Neil

David Larsen

David Larson

Jenny Shen

Josh Raskin

Ryan Langshon

- P3 Health Partners is a physician-led organization focused on transforming healthcare for seniors, currently managing **120,000 full-risk lives** and working with **2,800 primary care providers** across four states.  **[1832511_2145779_1]** 
- The company has identified **$120 million to $170 million** in EBITDA improvement opportunities for **2026**, following a **$130 million** EBITDA improvement plan for **2025** where operational efficiencies and contract rationalization have been achieved.  **[1832511_2145779_5]** **[1832511_2145779_6]** 
- For full year **2025**, P3 Health Partners expects adjusted EBITDA in the range of **minus $69 million to minus $39 million** and total revenue between **$1.35 billion and $1.5 billion**.  **[1832511_2145779_6]** 
- Membership decline is anticipated to trend positively in **2026 and 2027**, with the Oregon market targeted to reach breakeven or better in **2026**.  **[1832511_2145779_7]**

P3 Health Partners Provides Business Update and Financial Guidance

P3 Health Partners (PIII)