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Alignment Healthcare Inc - ALHC STOCK NEWS

Welcome to our dedicated news page for Alignment Healthcare (Ticker: ALHC), a resource for investors and traders seeking the latest updates and insights on Alignment Healthcare.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Alignment Healthcare's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Alignment Healthcare's position in the market.

Rhea-AI Summary
Alignment Healthcare, Inc. (ALHC) to announce first quarter 2024 financial results on May 2. Conference call scheduled for 5 p.m. EDT.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.26%
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Rhea-AI Summary
Alignment Health named one of Newsweek's Most Trustworthy Companies in America for the second consecutive year in the Health Care & Life Sciences industry. The award recognizes companies based on customer, investor, and employee trust, with over 523,000 online mentions evaluated for sentiment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.23%
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none
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Rhea-AI Summary
Alignment Healthcare, Inc. (ALHC) CFO to participate in a virtual fireside conversation hosted by Raymond James. The event will take place on March 8, 2024, at 10 a.m. EST. Investors can access the live webcast on Alignment's investor relations website.
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conferences
Rhea-AI Summary
Alignment Healthcare, Inc. (ALHC) reports $1.82 billion in total revenue for full-year 2023 with 119,200 health plan members, showing 27.2% and 21.1% growth year-over-year respectively. The company records strong health plan membership growth post annual enrollment period, up 44% year-over-year as of Jan. 1. Alignment Healthcare projects a 2024 year-end health plan membership outlook of 162,000-164,000, indicating a 37% growth year-over-year, with adjusted EBITDA breakeven at the midpoint of the outlook ranges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.21%
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Rhea-AI Summary
Alignment Healthcare, Inc. (ALHC) will release its Q4 and full-year 2023 financial results on Feb. 27, 2024, followed by a conference call to review the results. The live audio webcast will be available online, with a replay accessible for on-demand listening for approximately 12 months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.44%
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Rhea-AI Summary
Alignment Healthcare, Inc. (NASDAQ: ALHC) announces new appointments: Sebastian Burzacchi as COO and Andreas Wagner as Chief People Officer, focusing on enhancing provider support and organizational excellence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.89%
Tags
management
Rhea-AI Summary
Alignment Healthcare, Inc. (NASDAQ: ALHC) has reported a 44% increase in Alignment Health Plan membership to a total of approximately 155,500 members as of Jan. 1, 2024, following a successful Annual Enrollment Period. The company expects to have 162,000 to 164,000 members by the end of 2024. This growth has strengthened the company's conviction to achieve adjusted EBITDA breakeven in 2024, supported by a disciplined business approach and positive financial metrics. Alignment Healthcare has also earned impressive ratings and recognitions for its Medicare Advantage plans, positioning itself as the gold standard for MA done right.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.21%
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none
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Rhea-AI Summary
Alignment Healthcare, Inc. (NASDAQ: ALHC) to participate in 42nd Annual J.P. Morgan Healthcare Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.74%
Tags
conferences
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Rhea-AI Summary
Alignment Health (ALHC) and Luis Miguel partner on new campaign targeting the Latin community, highlighting their shared values and introducing 'el ÚNICO' Medicare Advantage plan in select markets. The campaign aims to celebrate the spirit of a life well-lived and resonate with the fast-growing Hispanic American population. Luis Miguel, a renowned Latin music icon, will feature in Spanish-speaking television spots, direct mail, and digital media posts for Alignment starting in December 2023. Alignment Health, with over 115,000 members, recognizes the unique needs of the Hispanic community and offers 'el ÚNICO,' an HMO plan with a Spanish-speaking provider network and service agents as well as Spanish-language member materials. The plan will be available in select markets across Arizona, California, Florida, Nevada, and Texas in 2024, catering to 8.5 million Medicare-eligible adults across those states and North Carolina.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
Tags
partnership
Rhea-AI Summary
Alignment Healthcare reports strong financial results for Q3 2023, with total revenue of $456.7 million, up 26.7% YoY. Medicare Advantage enrollment increases by 18% YoY, reaching approximately 115,600 members. The company outperforms on key performance indicators, including membership, revenue, adjusted gross profit, and adjusted EBITDA. They raise their year-end health plan membership outlook to 117,600-118,600, indicating 20% growth YoY at the midpoint of the outlook range. Alignment Healthcare also earns high performance and quality ratings from Centers for Medicare & Medicaid Services, with over 90% of their Medicare Advantage members in plans rated 4-stars or higher for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.2%
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Alignment Healthcare Inc

Nasdaq:ALHC

ALHC Rankings

ALHC Stock Data

925.99M
99.86M
6.9%
86.53%
2.09%
Direct Health and Medical Insurance Carriers
Finance and Insurance
Link
United States
Orange

About ALHC

alignment healthcare is redefining the business of health care by shifting the focus from payments to people. we’ve created a new model for health care delivery that cuts costs and improves lives by unraveling the inefficiencies of the current system to drive patients, providers and payers toward a common goal of wellness. harnessing best practices from medicare advantage, our innovative data-management technology allows us to commit to caring for seniors and those who need it most: the chronically ill and frail. with offices and care centers across the country, alignment healthcare provides partners and patients with customized care and service where they need it and when they need it, including clinical coordination, risk management and technology facilitation. alignment healthcare offers hmo plan options to california residents through the alignment health plan, and partners with select health plans in north carolina and florida to help deliver better benefits at lower costs. for mo