Alignment Healthcare Founder and CEO John Kao Named to AHIP Board

Company Overview - Alignment Healthcare, Inc. announced the election of founder and CEO John Kao to the AHIP board of directors, effective June 5, 2025 [1] - The company focuses on providing high-quality, low-cost care for its Medicare Advantage members, emphasizing a patient-centered and value-based health care system [4] Industry Context - John Kao expressed his commitment to collaborating with industry leaders to improve health care for Americans, highlighting the industry's critical inflection point [2] - AHIP President and CEO Mike Tuffin acknowledged Kao's experience and vision as invaluable for making health care simpler and more responsive [2] Financial Performance - Alignment Healthcare reported $2.7 billion in total revenue for 2024, marking a 48.3% increase from the previous year [3] - The company also experienced significant membership growth, reaching 189,100 health plan members, which is a 58.6% increase year over year [3] - The company was recognized in the Fortune 1000 for the first time following its successful financial performance [3]