AdaptHealth announces another preferred provider agreement
By HME News Staff
Updated 8:46 AM CST, Tue November 4, 2025
CONSHOHOCKEN, Pa. – AdaptHealth announced as part of its third quarter financial results that it has signed another capitated agreement with a payer representing about 170,000 members.
In August, the company announced it had signed a $1 billion capitated agreement with a major health system, a move it says will accelerate growth in 2026.
For the third quarter:
- Net revenue was $820.3 million compared to $805.9 million the same quarter in 2024, an increase of 1.8%
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Adjusted EBITDA was $170.1 million compared to $164.3 million, an increase of 3.5%.
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Organic revenue grew 5.1%, the highest since the first quarter of 2024, driven by solid underlying volume trends across the four reportable segments.
“Q3 was a milestone quarter for AdaptHealth,” said Suzanne Foster, CEO of AdaptHealth. “We delivered strong financial results that exceeded our expectations, made substantial operational improvements across the organization, and continued building foundational capabilities to drive sustainable growth. The quarter demonstrated both the progress we’ve made and the significant opportunity ahead.”
AdaptHealth maintains its financial guidance for fiscal year 2025, as follows:
- Net revenue of $3.18 billion to $3.26 billion
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Adjusted EBITDA of $642 million to $682 million
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Free cash flow of $170 million to $190 million
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