Alignment Healthcare, Inc. Stock Price, News & Analysis

Alignment Healthcare (NASDAQ: ALHC) announced that its AVA® platform has achieved HITRUST CSF Certified status, confirming compliance with key information security regulations. This certification places Alignment in an elite group that meets rigorous industry standards for managing cyber risks. CEO John Kao emphasized the importance of this recognition, particularly as the demand for digital health care grows. The achievement reinforces Alignment's commitment to safeguarding member data and enhancing privacy protections in a rapidly evolving industry.

Alignment Healthcare (NASDAQ: ALHC) announced a partnership with Saint Mary’s Health Network to enhance Medicare service access in Washoe County, Nevada, starting January 1, 2022. This collaboration aims to provide Medicare-eligible beneficiaries with comprehensive healthcare options, leveraging Saint Mary’s established medical facilities and provider network. The partnership supports Alignment's broader market expansion plans, which include entry into new states like Arizona and North Carolina in 2022. This initiative is part of Alignment's mission to improve healthcare quality for seniors through strategic provider collaborations.

Alignment Healthcare (Nasdaq: ALHC) will announce its second quarter financial results for 2021 on August 9, 2021, after market close. Following the release, a conference call will be held at 5 p.m. ET to discuss the results. Interested parties can join the call by dialing (833) 607-1669 for U.S. participants or (914) 987-7881 for international participants, with the participant code 8778115. A live audio webcast will also be available on their investor relations website.

Alignment Healthcare's proprietary technology platform, AVA®, has facilitated over 1 million personalized care interactions for members across the U.S. AVA leverages 160 AI models to enhance care coordination for seniors, improving clinical outcomes by anticipating intervention needs. During the COVID-19 pandemic, AVA showcased its effectiveness by identifying risks and enabling timely outreach to vulnerable members. The platform not only benefits members but also enhances care team workflows, ensuring efficient delivery of high-quality, low-cost care.

Alignment Healthcare (NASDAQ: ALHC) has released a blog post focused on summer health tips for seniors, emphasizing the importance of safety during extreme weather and travel restrictions. Dr. Donald Furman, the chief clinical officer, highlights the company's commitment to supporting seniors in staying active and healthy, especially during the summer season. The post offers nine actionable suggestions designed to help seniors navigate summer challenges effectively. For further insights, visit Alignment Healthcare's blog.

Alignment Healthcare (NASDAQ: ALHC) announced a major expansion of its plan portfolio by introducing Dual-Eligible Special Needs Plans (D-SNPs) in 24 counties and Chronic Condition Special Needs Plans (C-SNPs) in 11 counties, pending regulatory approval. This move aims to provide better choices for seniors enrolled in both Medicare and Medicaid during the upcoming enrollment period starting Oct. 15. The company emphasizes its commitment to serving diverse member groups and enhancing care coordination, alongside supplemental benefits like grocery allowances and gym memberships.

Alignment Healthcare (NASDAQ: ALHC) announced the expansion of its PPO plan portfolio to include new options in 28 markets, effective January 1, 2022, pending regulatory approval. This expansion aims to provide more flexibility for seniors in California, Arizona, and North Carolina during Medicare's annual enrollment period starting October 15. The new offerings will include virtual care PPO options and enhance their existing plans, addressing a significant need for more PPO choices in the Medicare Advantage space.

Alignment Healthcare (NASDAQ: ALHC) announced plans to expand its Medicare Advantage health plans into Nye and Washoe counties in Nevada for 2022, pending regulatory approval. Currently serving Clark County, the company aims to provide enhanced healthcare services to seniors in the new counties. During the annual Medicare enrollment period starting October 15, eligible seniors can access HMO plans with benefits like grocery allowances and 24/7 concierge services. This expansion follows Alignment's entry into Nevada and supports its commitment to personalized healthcare for seniors.

On June 15, 2021, Alignment Healthcare announced plans to expand its Medicare Advantage coverage in North Carolina, adding 12 new counties in 2022. This expansion will bring their HMO and PPO plans to a total of 15 counties, pending regulatory approval. With current offerings in Wake, Johnston, and Chatham counties, Medicare-eligible seniors in the new counties can enroll from October 15 to December 7, 2021. The plans feature benefits like grocery allowances and non-emergency transportation, enhancing care coordination for seniors.