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Alignment Healthcare to Participate in a Virtual Fireside hosted by Raymond James
Newsfilter· 2024-03-07 21:30
Group 1 - Alignment Healthcare, Inc. will have its CFO, Thomas Freeman, participate in a virtual fireside conversation hosted by Raymond James on March 8, 2024, at 10 a.m. EST [1] - A live webcast of the conversation will be available on Alignment's investor relations website [1] Group 2 - Alignment Healthcare offers over 50 benefits-rich Medicare Advantage plans across 53 counties in six states [2] - The company partners with local providers to deliver coordinated care through a customized care model and a 24/7 concierge care team [2] - Alignment Healthcare is focused on providing high-quality, low-cost care while expanding its national footprint and maintaining its core values [2]
Alignment Healthcare(ALHC) - 2023 Q4 - Earnings Call Transcript
2024-02-28 05:01
Alignment Healthcare, Inc. (NASDAQ:ALHC) Q4 2023 Earnings Conference Call February 27, 2024 5:30 PM ET Company Participants John Kao - Chief Executive Officer Thomas Freeman - Chief Financial Officer Conference Call Participants John Ransom - Raymond James Nathan Rich - Goldman Sachs Scott Fidel - Stephens Ryan Daniels - William Blair Jessica Tassan - Piper Sandler Whit Mayo - Leerink Partners Kevin Fischbeck - Bank of America Operator Good afternoon and welcome to Alignment Healthcare Fourth Quarter 2023 E ...
Alignment Healthcare (ALHC) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-28 00:31
Alignment Healthcare (ALHC) reported $465.39 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 28.6%. EPS of -$0.25 for the same period compares to -$0.31 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $441.45 million, representing a surprise of +5.42%. The company delivered an EPS surprise of -13.64%, with the consensus EPS estimate being -$0.22.While investors closely watch year-over-year changes in headline numbers -- revenue an ...
Alignment Healthcare Reports Fourth Quarter and Full-Year 2023 Results; Provides Full-Year 2024 Financial Guidance
Newsfilter· 2024-02-27 21:01
Reports $1.82 billion in total revenue for full-year 2023 and 119,200 health plan members at year end, up 27.2% and 21.1% year-over-year respectivelyRecords strong health plan membership growth after annual enrollment period, up 44% year-over-year as of Jan. 1 Reiterates 2024 year-end health plan membership outlook of 162,000-164,000, representing 37% growth year-over-year, and adjusted EBITDA breakeven at the midpoint of the outlook ranges ORANGE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Alignment Healthc ...
Alignment Healthcare(ALHC) - 2023 Q4 - Annual Report
2024-02-26 16:00
ta UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-40295 ALIGNMENT HEALTHCARE, INC. (Exact name of Registrant as specified in its Charter) Delaware 46-5596242 (State or other juris ...
Alignment Healthcare(ALHC) - 2023 Q4 - Annual Results
2024-02-26 16:00
EXHIBIT 99.1 Alignment Healthcare Reports Fourth Quarter and Full-Year 2023 Results; Provides Full- Year 2024 Financial Guidance ORANGE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today reported financial results for its fourth quarter and full year ended Dec. 31, 2023. "Alignment Healthcare is built to thrive in the current Medicare Advantage market with our clinical framework and data-driven operations," said John Kao, founder and CEO. "I am confident that the inv ...
Stay Ahead of the Game With Alignment Healthcare (ALHC) Q4 Earnings: Wall Street's Insights on Key Metrics
Zacks Investment Research· 2024-02-26 15:21
Core Insights - Alignment Healthcare (ALHC) is projected to report a quarterly loss of $0.22 per share, marking a 29% increase compared to the same period last year [1] - Analysts forecast revenues of $441.45 million, reflecting a year-over-year increase of 22% [1] - There have been no revisions in the consensus EPS estimate over the last 30 days, indicating stability in analysts' forecasts [1] Revenue and Key Metrics - The average prediction for 'Revenues - Earned premiums' is estimated at $436.80 million, showing a year-over-year change of +21.3% [2] - The estimated 'Medical Benefit Ratio' is 88.8%, a slight decrease from the previous year's figure of 89.4% [2] - Analysts project 'Health Plan Membership - Ending' to be 118,059, an increase from 98,400 reported in the same quarter last year [2] Stock Performance - Shares of Alignment Healthcare have experienced a return of -10.3% over the past month, contrasting with the Zacks S&P 500 composite's +4.7% change [3] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [3]
Alignment Healthcare (ALHC) Moves 13.2% Higher: Will This Strength Last?
Zacks Investment Research· 2024-01-09 14:01
Alignment Healthcare (ALHC) shares soared 13.2% in the last trading session to close at $9. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.6% loss over the past four weeks.Alignment Healthcare scored a strong price increase, on investors’ optimism driven by the announcement that the Alignment Health Plan membership has increased by 44% year over year, following a successful Annual Enrollment Period (AEP). The company has also ...
Alignment Healthcare Appoints Sebastian Burzacchi to New Role of Chief Operating Officer of Management Services Organization and Andreas Wagner to Chief People Officer
Newsfilter· 2024-01-09 13:00
Company Leadership Changes - Alignment Healthcare, Inc. announced the appointment of Sebastian Burzacchi as the new Chief Operating Officer of its management services organization, focusing on enhancing provider partnerships and improving the physician experience [1][2] - Andreas Wagner has been appointed as Chief People Officer, responsible for managing all aspects of the employee experience, including talent acquisition and organizational culture [1][3] Executive Backgrounds - Sebastian Burzacchi has over 18 years of experience in operations and management, previously serving as Executive Vice President of Operations for Veho Tech, where he led a team of 1,000 and achieved profitability while reducing operating costs [1][2] - Burzacchi also played a key role at Oscar Health, helping to scale its membership from 70,000 to over 1.1 million [2] - Andreas Wagner brings over 30 years of human resources leadership experience, having served as Chief Human Resources Officer at Aerojet Rocketdyne, where he developed a human capital strategy that contributed to record revenue growth [3][4] Company Mission and Services - Alignment Health focuses on empowering seniors to age well through its Medicare Advantage plans, offering over 50 benefits-rich options across 53 counties in six states [6] - The company partners with local providers to deliver coordinated care, supported by its customized care model and 24/7 concierge care team [6]
Alignment Healthcare(ALHC) - 2023 Q3 - Earnings Call Transcript
2023-11-03 18:22
Alignment Healthcare, Inc. (NASDAQ:ALHC) Q3 2023 Earnings Conference Call November 2, 2023 5:30 PM ET Company Participants John Kao - Chief Executive Officer Thomas Freeman - Chief Financial Officer Conference Call Participants John Ransom - Raymond James Scott Fidel - Stephens Nathan Rich - Goldman Sachs Whit Mayo - Leerink Partners Jessica Tassan - Piper Sandler Adam Ron - Bank of America Operator Good day, and thank you for standing by. Welcome to Alignment Healthcare Third Quarter 2023 Earnings Conferen ...