Alignment Healthcare

Alignment Healthcare, Inc. operates as holding company. The company offers consumer-centric platform that delivers customized health care solutions to seniors and those who need it most, the chronically ill and frail, through its Medicare Advantage plans. The firm offers health plan options through Alignment Health Plan, and also partners with select health plans to help deliver better benefits at lower costs. The company was founded in 2013 and is headquartered Orange, CA.

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Alignment Healthcare reports strong Q4 results, eyes growth opportunities

Alignment Healthcare's Q4 2022 performance showcased revenue growth and membership expansion, underpinned by successful programs and strategic pillars. While challenges in profitability persist, opportunities in program optimization and strategic focus areas offer avenues for future growth.

Alignment Healthcare reports robust Q1 growth and strategic positioning

Alignment Healthcare's strong Q1 performance and strategic positioning under new CMS changes reflect growth potential. Challenges lie in achieving profitability targets and managing potential M&A opportunities cautiously. The company's focus on member retention and operational efficiency bodes well for future success.

Alignment Healthcare reports robust Q2 results, eyes shared risk growth

Alignment Healthcare's Q2 performance was strong, with revenue growth and membership increase. The company is addressing challenges in profitability and market variability while focusing on enhancing broker relationships and shared risk business. Opportunities exist in targeted market expansions and product strategy improvements.

Alignment Healthcare surpasses Q3 expectations, eyes growth amid challenges

Alignment Healthcare exceeded Q3 expectations with strong revenue and membership growth, showcasing momentum and strategic positioning for future success.
Despite challenges related to Union dynamics and potential Medicare rate fluctuations, the company remains confident in achieving its guidance and aims for continued growth.
By leveraging strengths like partnerships, innovative initiatives, and a focus on member experience, Alignment Healthcare is well-positioned for growth and financial stability.

Alignment Healthcare reports robust Q4 growth amidst reimbursement challenges

Alignment Healthcare demonstrated strong financial performance in Q4 2023, despite facing reimbursement challenges and EBITDA losses.
The company's focus on brand recognition, care model portability, and unique risk models in California positions them well for growth and profitability.
Investments in technology, membership growth projections, and positive regulatory changes offer opportunities for Alignment Healthcare to enhance operational efficiency and market position.

Alignment Healthcare reports robust Q1 growth, eyes 20% membership increase

Alignment Healthcare's Q1 2024 earnings call highlighted strong growth in membership and revenue, exceeding expectations in adjusted EBITDA. The company is confident in its ability to grow membership by 20% in 2025, leveraging its unique capabilities and operational model. Challenges in inpatient costs and care navigation require continuous improvement efforts.

Alignment Healthcare reports strong Q2 growth and targets market expansion

Alignment Healthcare demonstrated robust growth in membership, revenue, and profitability in Q2 2024, positioning itself as a key player in the MA plans sector.
The company's strategic focus on profitable growth, market share expansion, and quality service delivery underscores its commitment to sustainable success.
While facing challenges in achieving profitability targets, Alignment Healthcare remains optimistic about its growth prospects and market positioning.

Alignment Healthcare excels in Q3, poised for sustained growth

Alignment Healthcare's Q3 2024 performance reflects strong growth, profitability, and strategic positioning in the Medicare Advantage sector.
With a focus on maintaining high plan ratings, investing in key markets, and enhancing healthcare capabilities, Alignment is poised for continued success.
While challenges in meeting financial expectations and industry dynamics persist, Alignment's strengths and opportunities position it for sustainable growth and competitiveness.

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Alignment Healthcare, Inc. operates as a holding company. The company offers a consumer-centric platform that delivers customized health care solutions to seniors and those who need it most, the chronically ill and frail, through its Medicare Advantage plans. The firm offers health plan options through Alignment Health Plan, and partners with select health plans to help deliver better benefits at lower costs. The company was founded by John E. Kao in 2013 and is headquartered Orange, CA.

Medicare Advantage insurer sponsors diabetes education program for second consecutive year, offering free virtual cooking classes to highlight the importance of eating healthy

Alignment Health Plan Joins Forces With the American Diabetes Association to Promote Diabetes Awareness

ORANGE, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Alignment Health , a tech-enabled Medicare Advantage (MA) insurance company, has added a new Alignment Health Plan HMO option designed to serve the men and women who proudly served our country. The CalPlus + Veterans HMO, available to anyone eligible for Medicare residing in one of the 18 California counties in Alignment's service area, is a $0-premium plan that complements Veterans Affairs (VA) health care coverage for those who served in the active military, naval, or air service and received an honorable discharge.

Alignment Health Plan Launches New CalPlus + Veterans HMO Plan in California, Home to Largest Veteran Population of Any State

There is an upward trend in the cost of healthcare for seniors. Fragmentation in the US healthcare system is an additional headache to seniors.

Alignment Healthcare: Aligning Profitability With Seniors' Healthcare Outcome

Alignment Healthcare, Inc. (NASDAQ:ALHC ) Q3 2022 Earnings Conference Call November 3, 2022 5:30 PM ET Company Participants John Kao – Founder and Chief Executive Officer Thomas Freeman – Chief Financial Officer Conference Call Participants Jared Haase – William Blair John Ransom – Raymond James Michael Ha – Morgan Stanley Jessica Tassan – Piper Sandler Nabil Gutierrez – Bank of America Nathan Rich – Goldman Sachs Whit Mayo – SVB Securities Sarah James – Barclays Operator Good afternoon, and welcome to Alignment Healthcare Third Quarter 2022 Earnings Conference Call and Webcast. [Operator Instructions] Please note that this event is being recorded.

Alignment Healthcare, Inc. (ALHC) Q3 2022 Earnings Call Transcript

ORANGE, Calif., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today reported financial results for its third quarter ended Sept. 30, 2022.

Alignment Healthcare Reports Third Quarter Results; Continues to Beat Guidance Across All Key Financial Metrics; Raises Full-Year 2022 Outlook

ORANGE, Calif., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (“Alignment Healthcare” or the “Company”) (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today announced that John Kao, founder and CEO, and Thomas Freeman, chief financial officer, will participate in the Credit Suisse 31st Annual Healthcare Conference, being held in Rancho Palos Verdes, California, including a fireside chat presentation on Tuesday, Nov. 8, at 5 p.m. PST. An audio-only webcast and replay of the presentation will be available on Alignment's investor relations website at https://ir.alignmenthealth.com/.

Alignment Healthcare to Participate in the Credit Suisse 31st Annual Healthcare Conference

Alignment's North Carolina HMO plan earned highest rating for excellent performance from the Centers for Medicare & Medicaid Services Alignment's North Carolina HMO plan earned highest rating for excellent performance from the Centers for Medicare & Medicaid Services

Alignment Health Plan Recognized as Best Insurance Company for Medicare Advantage in North Carolina by U.S. News & World Report

Alignment's North Carolina HMO plan debuts with highest achievable rating, 1 of 2 Medicare Advantage HMO plans in state to earn coveted 5 stars Alignment's North Carolina HMO plan debuts with highest achievable rating, 1 of 2 Medicare Advantage HMO plans in state to earn coveted 5 stars

Alignment Health Plan Receives Top Star Rating in North Carolina, High Marks for California Plan Quality

ORANGE, Calif., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (“Alignment Healthcare” or the “Company”) (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, will release its third quarter 2022 financial results on Thursday, Nov. 3, after market close. Following the release, the company will host a conference call to review its financial results at 5:30 p.m. EDT.

Alignment Healthcare to Announce Third Quarter 2022 Financial Results and Host Conference Call Thursday, Nov. 3, 2022

Alignment Healthcare is a health insurer focused on bringing differentiated care to seniors through technology and customization. Membership has grown at an impressive 31% CAGR while revenues have grown at 37% CAGR.

Alignment Healthcare: Investors Should Align Themselves With Insiders

ORANGE, Calif., Oct. 04, 2022 (GLOBE NEWSWIRE) -- In a move expected to bolster access to high-quality health care and services for members in Southern California, Alignment Health Plan, a tech-enabled Medicare Advantage insurance provider, today announced a new provider agreement with Torrance Memorial Medical Center and Torrance Memorial Physician Network. Effective Oct. 1, the agreement provides members enrolled in Alignment's PPO plans in Los Angeles access to more than 200 primary and specialty care physicians and an award-winning, regional hospital.

Alignment Health Plan Broadens Access to Quality Care in Los Angeles by Adding Award-Winning Torrance Memorial Medical Center and Torrance Memorial Physician Network to Its Provider Network

ORANGE, Calif., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Alignment Health , a tech-enabled Medicare Advantage insurance company, today announced new Alignment Health Plan options that offer more value, access and flexibility to 8.3 million Medicare-eligible adults this Medicare enrollment season. New offerings include expanded $0-premium Preferred Provider Organization (PPO) plans, special needs plans for adults eligible for both Medicare and Medicaid, and new benefits to support today's senior lifestyles. Medicare-eligible adults can select from Alignment's diverse portfolio of plans during the annual enrollment period, which runs Oct. 15 through Dec. 7 for plan benefits starting Jan. 1, 2023.1

Alignment Health Empowers 8.3M Medicare-Eligible Adults with More Value, Access and Flexibility Through Its 2023 Medicare Advantage Plans

ORANGE, Calif., Sept. 16, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC) (“Alignment Healthcare” or the “Company”), a tech-enabled Medicare Advantage company, today announced the pricing of its previously announced underwritten public offering of 9,000,000 shares of its common stock by certain selling stockholders. The underwriter sold the shares at a public offering price of $14.75 per share. The Company will not receive any of the proceeds from the sale of the shares of its common stock being offered by the selling stockholders. The offering is expected to close on September 20, 2022, subject to customary closing conditions.

Alignment Healthcare Announces Pricing of Secondary Offering

ORANGE, Calif., Sept. 15, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC) (“Alignment Healthcare” or the “Company”), a tech-enabled Medicare Advantage company, today announced the commencement of an underwritten public offering of 9,000,000 shares of its common stock by certain selling stockholders. The Company will not receive any of the proceeds from the sale of the shares of its common stock being offered by the selling stockholders.

Alignment Healthcare Announces Secondary Offering

ORANGE, Calif., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (Alignment Healthcare or the Company) (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today announced the close of a $250 million senior secured term loan facility with Oxford Finance LLC, of which $165 million was funded upon closing of the transaction, net of certain expenses. The Company used these funds to repay in full the outstanding principal and accrued interest under its existing term loan facility with CRG Servicing LLC. The new credit facility provides for a delayed draw term loan commitment of $85 million, which is available at the Company's option, subject to certain conditions specified in the loan agreement.

Alignment Healthcare Announces Completion of Debt Refinancing

ORANGE, Calif., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today announced that John Kao, founder and CEO, and Thomas Freeman, chief financial officer, will participate in the Morgan Stanley 20th Annual Global Healthcare Conference, being held in New York, including a fireside chat presentation on Tuesday, Sept. 13, at 12:55 p.m. EDT. An audio-only live webcast and replay of the presentation will be available on Alignment's investor relations website at https://ir.alignmenthealthcare.com/.

Alignment Healthcare to Participate in the Morgan Stanley 20th Annual Global Healthcare Conference

Here is how Alignment Healthcare (ALHC) and Hanger (HNGR) have performed compared to their sector so far this year.

Is Alignment Healthcare (ALHC) Outperforming Other Medical Stocks This Year?

The consensus price target hints at a 32.9% upside potential for Alignment Healthcare (ALHC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 33% Upside in Alignment Healthcare (ALHC): Can the Stock Really Move This High?

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This article is excerpted from Tom Yeung's Profit & Protection newsletter dated Aug. 9, 2022. To make sure you don't miss any of Tom's picks, subscribe to his mailing list here.

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Here is how Alignment Healthcare (ALHC) and BioCryst Pharmaceuticals (BCRX) have performed compared to their sector so far this year.

Has Alignment Healthcare (ALHC) Outpaced Other Medical Stocks This Year?

Alignment Healthcare, Inc. (NASDAQ:ALHC ) Q2 2022 Earnings Conference Call August 4, 2022 6:00 PM ET Company Participants John Kao - Founder & Chief Executive Officer Thomas Freeman - Chief Financial Officer Conference Call Participants Ryan Daniels - William Blair Whit Mayo - SVB Securities Michael Ha - Morgan Stanley John Ransom - Raymond James Jeff Garro - Piper Sandler Kevin Fischbeck - Bank of America Sarah James - Barclays Operator Good afternoon, and welcome to Alignment Healthcare's Second Quarter 2022 Earnings Conference Call and Webcast. [Operator Instructions] Please be advised that today's conference is being recorded.

Alignment Healthcare, Inc. (ALHC) CEO John Kao on Q2 2022 Results - Earnings Call Transcript

ORANGE, Calif., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today reported financial results for its second quarter ended June 30, 2022.

Alignment Healthcare Reports Second Quarter Results; Exceeds Guidance Across All Key Financial Metrics; Raises Full-Year 2022 Outlook

Data shows how Medicare Advantage company's efforts in 2021 improved member health; outlines environmental, social and governance approach Data shows how Medicare Advantage company's efforts in 2021 improved member health; outlines environmental, social and governance approach

Alignment Healthcare Details Positive Impact Toward Delivering Better Care in Inaugural ESG Report

UCI Medical Center – one of “America's Best Hospitals” – joins Alignment's list of highly regarded providers in Southern California UCI Medical Center – one of “America's Best Hospitals” – joins Alignment's list of highly regarded providers in Southern California

Alignment Healthcare Welcomes UCI Health to Provider Network, Bringing More Award-Winning Care to Members in Orange County

Alignment Healthcare to extend its Medicare Advantage prescription drug plans to Carson City and Douglas and Storey counties in 2023, pending regulatory approval Alignment Healthcare to extend its Medicare Advantage prescription drug plans to Carson City and Douglas and Storey counties in 2023, pending regulatory approval

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