Fierce Healthcare November 2, 2023
Alignment Healthcare is still yet to turn a profit, as the company has recorded a net loss of $35 million in the third quarter, but executives are not sweating just yet.
Consistent with previous reporting, Chief Financial Officer Thomas Freeman told investors during an earnings call Thursday that Alignment Health is moving at its own pace to meet long-term financial objectives. While the company ultimately wants to hit membership and revenue goals, it wants to leave open the door for expanding into new markets in 2025 and 2026.
“I think if we were to focus on only driving market share gains in our existing geographies, and not add a single incremental county or new state over time, we could likely...
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