Becker's Healthcare March 5, 2025
Alignment Healthcare’s membership grew more than 58% in 2024, driving the Medicare Advantage company to nearly 190,000 members.
Total revenue in 2024 was more than $2.7 billion, up 48% year over year. Adjusted gross profit was $302.6 million, and the company’s net loss was $128 million, a decrease of 13.6%.
Becker’s sat down with Alignment CEO John Kao to discuss the major growth and how the company plans to reach at least 227,000 members by the end of 2025.
Question: Alignment Healthcare reported a 58% year-over-year increase in health plan members, reaching 189,100 by the end of 2024. What’s behind this growth?
John Kao: It started in 2023 when we worked hard on our star ratings, knowing that heading into...
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