Becker's Healthcare March 1, 2023
Alignment Healthcare is nearing 100,000 members, according to its fourth quarter earnings report published Feb. 28.
“The focus on quality, service delivery, improving people’s health, and living the values of putting the senior first are the constants throughout the years,” founder and CEO John Kao told Becker’s.
Mr. Kao shared that he is pushing the Medicare Advantage company to earn at least four and a half stars from CMS across all its markets, which totals six states this year, along with reaching EBITDA profitability in 2024.
In June, the Orange, Calif.-based company said it would expand its Medicare Advantage plans to Florida and Texas for 2023.
“In 2020 we actually were profitable, and then we invested in, and...