Core Insights - Alignment Healthcare reported strong first-quarter financial results for 2025, showcasing significant growth in revenue and membership, driven by effective execution of its business model [3][6]. - The company achieved a revenue of $926.9 million, representing a 47.5% increase year-over-year, and grew its Medicare Advantage membership by 31.7% to approximately 217,500 members [6][21]. - The transition of Thomas Freeman from CFO to Strategic Advisor and the appointment of Jim Head as the new CFO is expected to support the company's long-term strategy and financial growth [5][9]. Financial Performance - First-quarter revenue reached $926.9 million, up 47.5% compared to the same period in 2024 [6][21]. - Adjusted gross profit was reported at $107.2 million, with a medical benefits ratio of 88.4% based on adjusted gross profit [6][21]. - Adjusted EBITDA for the quarter was $20.2 million, compared to a loss of $11.98 million in the same quarter of the previous year [6][12]. Future Outlook - For the second quarter of 2025, the company projects health plan membership to be between 220,000 and 222,000, with revenue expected to range from $950 million to $965 million [4]. - The fiscal year 2025 outlook has been raised, with expected year-end membership between 228,000 and 233,000 and revenue between $3.77 billion and $3.815 billion [4]. Leadership Transition - Thomas Freeman, after nearly a decade with the company, will transition to a Strategic Advisor role, while Jim Head, with over 30 years of experience in healthcare finance, will take over as CFO [5][9]. - The leadership change is seen as a strategic move to ensure continued financial growth and operational excellence [9][10]. Company Overview - Alignment Healthcare focuses on providing high-quality, low-cost care for Medicare Advantage members, leveraging technology and a member-first service model [16]. - The company aims to expand its national footprint while maintaining its core values of prioritizing senior care [16].

Alignment Healthcare (ALHC) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The ...

Company Overview - Alignment Healthcare, Inc. is focused on providing high-quality, low-cost care for its Medicare Advantage members, emphasizing a mission-driven approach to senior care [2] - The company utilizes a customized care model, a 24/7 concierge care team, and proprietary technology named AVA to deliver coordinated care [2] - Alignment Healthcare is based in California and partners with nationally recognized local providers to enhance its service offerings [2] Upcoming Events - Alignment Healthcare will present at the BofA Securities Healthcare Conference on May 14, 2025, at 2:20 p.m. PDT [1] - A webcast and replay of the presentation will be accessible on the company's investor relations website [1]

For more than 10 years, Alignment has harnessed trusted artificial intelligence (AI) through AVA – the company's proprietary Medicare Advantage platform – to drive actionable clinical insights that improve senior health outcomes and quality of care. Dr. Bakshandeh's appointment reinforces Alignment's commitment to scaling the platform and further integrating data-driven solutions into every step of the member journey. Using 200+ data sources and 13,000+ attributes to generate secure and personalized insight ...

Group 1 - Alignment Healthcare, Inc. (NASDAQ:ALHC) will release its first quarter 2025 financial results on May 1, 2025, after market close [1] - A conference call to review the financial results will take place at 5 p.m. EDT on the same day [1] - A live audio webcast of the conference call will be available online, with a replay accessible for approximately 12 months [2] Group 2 - Alignment Health focuses on empowering seniors to age well and live vibrant lives through high-quality, low-cost care for Medicare Advantage members [3] - The company partners with trusted local providers to deliver coordinated care, utilizing its customized care model and technology, AVA® [3] - Alignment Health emphasizes its core values of serving the senior community and expanding its national footprint [3]

Alignment Healthcare (ALHC) shares rallied 6.3% in the last trading session to close at $18.95. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 18.6% gain over the past four weeks.Alignment Healthcare scored a strong price increase, on investors’ optimism driven by reports of Stifel increasing the company’s price target to $23 from $18 with a Buy rating. The development came after Centers for Medicare & Medic ...

Core Insights - Sutter Health and Alignment Healthcare have renewed their agreement, ensuring continued in-network access for Alignment Healthcare members to Sutter's comprehensive care network in Northern California [1][2] Group 1: Agreement Details - The renewed agreement applies to Alignment Healthcare members enrolled in Sutter Advantage HMO and My Choice PPO health plans, focusing on providing access to care for high-risk individuals with chronic conditions [2][4] - The collaboration aims to enhance patient experience and lower total care costs by leveraging the strengths of both organizations [3][4] Group 2: Expansion Plans - Sutter Health plans to open over 27 new ambulatory care sites, 27 urgent care centers, and 22 ambulatory surgery centers starting in 2025, addressing the ongoing national challenge of healthcare access [3] Group 3: Medicare Advantage Benefits - Medicare Advantage plans offer additional benefits beyond Original Medicare, including care coordination, disease management, in-home support, and limited annual out-of-pocket costs, which may lead to better health outcomes [5] Group 4: Company Profiles - Sutter Health is a not-for-profit healthcare system serving nearly 3.5 million patients with over 57,000 employees and 12,000+ affiliated physicians, focused on expanding care accessibility [6] - Alignment Health aims to empower seniors through high-quality, low-cost care, utilizing a customized care model and technology platform, AVA, to deliver coordinated care [8]

Financial Data and Key Metrics Changes - Health plan membership reached 189,100, growing approximately 59% year-over-year, exceeding initial guidance by over 25,000 members [5][21] - Total revenue for Q4 2024 was $701 million, a 51% year-over-year increase, and $2.7 billion for the full year, representing a 48% growth [6][21] - Adjusted gross profit for Q4 was $88 million, with a consolidated Medical Benefit Ratio (MBR) of 87.5%, improving by 200 basis points year-over-year [6][22] - Adjusted EBITDA was positive $1 million for Q4, marking the first year of adjusted EBITDA profitability as a public company [8][26] Business Line Data and Key Metrics Changes - The company reported a significant improvement in margin ratios across all key metrics, with adjusted gross profit for the full year at $303 million and an MBR of 88.8% [7][21] - Inpatient admissions per 1,000 for at-risk members improved to 149 in 2024, down from 156 in 2023 [22][23] Market Data and Key Metrics Changes - Membership in California grew by 28%, while ex-California markets saw over 100% growth, indicating strong performance outside California [11][12] - The company achieved a 5-star rating in Nevada and North Carolina, enhancing reimbursement from CMS and lowering costs [13] Company Strategy and Development Direction - The company focuses on Medicare Advantage as a care management business, emphasizing quality care over actuarial underwriting [9][10] - Future growth is expected to be driven by strong Stars ratings and the final phase-in of the V28 risk adjustment model, with a target of maintaining at least 4 stars for California members [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving membership growth of 20% or more in the coming years while balancing margin expansion objectives [18] - The company anticipates a favorable operating environment due to its differentiated care management approach and strong Stars performance [19][20] Other Important Information - The company ended 2024 with $471 million in cash and investments, significantly lowering its cost of capital [27] - For 2025, the company expects health plan membership to be between 227,000 and 233,000 members, with revenue guidance of $3.72 billion to $3.78 billion [28][30] Q&A Session Summary Question: Can you unpack the guidance for 2025 for adjusted EBITDA? - Management noted that the guidance reflects a prudent approach to the new aspects of the Part D program under the Inflation Reduction Act, with a conservative outlook on MLR [39][40] Question: What is the expected split of membership growth between California and non-California? - Management expects ex-California to grow materially faster than California, but California will still drive over 50% of total net member growth [45] Question: How do you see the MLR guidance for 2025 compared to peers? - Management highlighted that their MLR is expected to decrease slightly, contrasting with peers who may see larger increases due to various challenges [50][51] Question: What is the current raw star rating score for the California HMO contract? - Management confirmed that maintaining a 4-star rating is a priority, with potential to improve to 4.5 or 5 stars based on competitive positioning [63][66] Question: How is the cohort maturation tracking? - Management expressed confidence in the maturation of the 2024 cohort into 2025, with strong engagement metrics supporting this trend [72][75] Question: What are the expectations for cash flow and CapEx? - Management indicated expectations for approximately $30 million to $35 million in CapEx for 2025, with a strong cash position to support growth [80][82]

ORANGE, Calif., Feb. 28, 2025 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today announced that it will present at the following conferences: Leerink Global Healthcare Conference on Tuesday, March 11, at 3:40 p.m. EDTKeyBanc Capital Markets Healthcare Forum on Wednesday, March 19, at 10:30 a.m. EDT A webcast and replay of the presentations will be available on Alignment’s investor relations website at https://ir.alignmenthealth.com/. About Alignment HealthcareAlignment Health is championin ...

Core Insights - Alignment Healthcare (ALHC) reported a revenue of $701.24 million for Q4 2024, marking a year-over-year increase of 50.7% [1] - The company's EPS for the same period was -$0.16, an improvement from -$0.25 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $677.04 million by 3.58%, and the EPS also surpassed the consensus estimate of -$0.18 by 11.11% [1] Financial Performance Metrics - Medical Benefit Ratio was reported at 87.5%, better than the five-analyst average estimate of 89.4% [4] - Health Plan Membership at the end of the quarter was 189,100, exceeding the average estimate of 185,005 from four analysts [4] - Revenues from Other sources were $9.46 million, surpassing the estimated $7.48 million, reflecting a 48.3% increase compared to the previous year [4] - Earned Premiums revenue was $691.79 million, compared to the estimated $668.26 million, also showing a 50.7% increase year-over-year [4] Stock Performance - Over the past month, shares of Alignment Healthcare have declined by 14.1%, while the Zacks S&P 500 composite decreased by 2.2% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]