Alignment Healthcare Delivers 44% Year-Over-Year Membership Growth Following Significant Boost from AEP, Increasing Membership to 155,500
2024年1月8日 - 10:00PM
Alignment Healthcare, Inc. (NASDAQ: ALHC), today announced that its
Alignment Health Plan membership has increased by 44% to a total of
approximately 155,500 members as of Jan. 1, following a successful
Annual Enrollment Period (AEP), as compared to its membership as of
Jan. 1, 2023.
“Alignment’s purpose-built Medicare Advantage (MA) platform
gives us the visibility and control to serve seniors the right
way,” said John Kao, founder and CEO of Alignment Healthcare. “This
visibility and control have helped us improve stars, effectively
manage care and create competitively advantaged products that led
to the exceptional growth we achieved. Companies that prioritize
happy and healthy members can indeed do well by doing good, and
Alignment is proof of that.”
Additionally, the company expects to have 162,000 to 164,000
members by the end of 2024, based on its expectations for continued
membership growth during the year.
With its strong membership growth, the company is reaffirming
its expectation to achieve adjusted earnings before interest,
taxes, depreciation and amortization (EBITDA) breakeven in
2024.
“Our conviction to be adjusted EBITDA breakeven in 2024 is
strengthened by Alignment’s product strategy, expected positive
gross profit contributions from new membership,
continued operating leverage and ongoing cohort improvement,”
said Kao. “Furthermore, we believe we will have continued
competitive tailwinds that bolster our outlook for 2025.”
Since going public in 2021, Alignment has displayed a
disciplined approach to its business with 11 straight quarters of
strong business results, having met or exceeded guidance across key
financial metrics. Additional achievements for Alignment include
earning 4- out of 5-star rating from the Centers for Medicare &
Medicaid Services for 2024 in its California HMO, marking its
seventh consecutive year as a 4-star or greater plan, being named a
2024 Best Insurance Company for MA in North Carolina by U.S. News
& World Report for the second consecutive year (one of only
three MA plans in the state to earn the U.S. News “Best” rankings
badge) and attaining an impressive 4.9-star rating on Google.
“Our growth and accomplishments reflect that this is our
breakout year and highlight how Alignment is the gold standard for
MA done right,” continued Kao. “As we continue to expand, we will
remain focused on delivering high-quality service and outcomes at a
low cost and are poised to take advantage of competitive
tailwinds.”
In 2024, Alignment expanded its service to Merced County,
California, bringing its gold standard of MA to more seniors with a
total reach of 8.5 million Medicare-eligible adults in 53 markets
across Arizona, California, Florida, Nevada, North Carolina and
Texas.1 Additionally, the company has signed new agreements with
Instacart and Walgreens to offer more coverage and convenience for
seniors in select markets.
To learn more, visit alignmenthealth.com.
About Alignment HealthAlignment Health is
championing a new path in senior care that empowers members to age
well and live their most vibrant lives. A consumer brand name of
Alignment Healthcare (NASDAQ: ALHC), Alignment Health offers more
than 50 benefits-rich, value-driven Medicare Advantage plans that
serve 53 counties across six states. The company partners with
nationally recognized and trusted local providers to deliver
coordinated care, powered by its customized care model, 24/7
concierge care team and purpose-built technology, AVA®. Based in
California, the company’s mission-focused team makes high-quality,
low-cost care a reality for members every day. As it expands its
offerings and grows its national footprint, Alignment upholds its
core values of leading with a serving heart and putting the senior
first. For more information, visit www.alignmenthealth.com.
Forward-Looking StatementsThis release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and the Private
Securities Litigation Reform Act of 1995, as amended.
Forward-looking statements are subject to risks and uncertainties
and are based on assumptions that may prove to be inaccurate, which
could cause actual results to differ materially from those expected
or implied by the forward-looking statements. Actual results may
differ materially from the results predicted, and reported results
should not be considered as an indication of future performance.
Important risks and uncertainties that could cause our actual
results and financial condition to differ materially from those
indicated in the forward-looking statements include, among others,
the following: our ability to attract new members and enter new
markets, including the need for certain governmental approvals; our
ability to maintain a high rating for our plans on the Five Star
Quality Rating System; our ability to develop and maintain
satisfactory relationships with care providers that service our
members; risks associated with being a government contractor;
changes in laws and regulations applicable to our business model;
risks related to our indebtedness, including the potential for
rising interest rates; changes in market or industry conditions and
receptivity to our technology and services; results of litigation
or a security incident; the impact of shortages of qualified
personnel and related increases in our labor costs; and the impact
of COVID-19 on our business and results of operation. For a
detailed discussion of the risk factors that could affect our
actual results, please refer to the risk factors identified in our
Annual Report on Form 10-K for the year ended December 31, 2022,
and the other periodic reports we file with the SEC. All
information provided in this release and in the attachments is as
of the date hereof, and we undertake no duty to update or revise
this information unless required by law.
Investor ContactHarrison
Zhuohzhuo@ahcusa.com
Media ContactPriya ShahmPR, Inc. for Alignment
Healthcarealignment@mpublicrelations.com
1 Centers for Medicare & Medicaid Services Medicare
Advantage/Part D Contract and Enrollment Data, December 2023 MA
State/County Penetration,
https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/MCRAdvPartDEnrolData/MA-State-County-Penetration
Alignment Healthcare (NASDAQ:ALHC)
過去 株価チャート
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Alignment Healthcare (NASDAQ:ALHC)
過去 株価チャート
から 4 2023 まで 4 2024