Senior care paradigm shift
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Alignment Health CEO Named “Founder of the Year” at 2025 LA Times Studios’ OC Executive Forum & Leadership Awards
Globenewswire· 2025-08-28 20:00
Core Insights - John Kao, founder and CEO of Alignment Health, was awarded "Founder of the Year" at the 2025 Orange County Executive Forum & Leadership Awards, recognizing his leadership in building a leading Medicare Advantage organization and contributing to the local business community [1][2] Company Performance - Alignment Health has shown strong financial and operational performance since its IPO in 2021, generating $2.7 billion in total revenue for fiscal year 2024, which represents a 48.3% increase year-over-year [5] - The company serves over 223,700 Medicare beneficiaries across five states, reflecting a year-over-year growth of 27.8% [5] Quality and Community Impact - 100% of Alignment members are enrolled in plans rated 4 stars or higher, indicating a commitment to quality care [5] - The company employs approximately 1,600 people, with 497 based in Orange County, contributing to the local economy [5] Industry Recognition - Alignment Health has received multiple accolades, including being named to the 2025 Fortune 1000 list and recognized as one of the "100 Most Influential People in Healthcare" by Modern Healthcare in 2023 [5] - The company was also awarded the 2025 Pharmacy Quality Alliance (PQA) Laura Cranston Excellence in Quality Award, highlighting its leadership in the industry [5] Innovation and Care Model - Alignment Health focuses on a mission-driven approach to senior care, emphasizing high-quality, low-cost care through a customized care model and a 24/7 concierge care team [6] - The company aims to empower members to age well and live vibrant lives, showcasing a commitment to improving the Medicare Advantage experience [5][6]