Alignment Healthcare, Inc. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year Ending December 31, 2023
November 02, 2023 at 04:01 pm EDT
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Alignment Healthcare, Inc. provided earnings guidance for the fourth quarter and fiscal year ending December 31, 2023. For the quarter, the company expects revenue to be $422 million to $442 million.
For the year, the company expects revenue to be $1,780 million to $1,800 million.
Alignment Healthcare, Inc. provides a consumer-centric health care platform that is built to provide seniors with healthcare services. The Company's operations consist of Medicare Advantage Plans in the states of California, North Carolina, Nevada, Arizona, Florida and Texas. Its consumer brand name, Alignment Health, offers more than 50 Medicare Advantage plans that serve 53 counties across six states. It partners with nationally recognized and local providers to deliver coordinated care, powered by its customized care model, 24/7 concierge care team and purpose-built technology, Alignment's Virtual Application (AVA). AVA is designed specifically for senior care and provides end-to-end coordination of the healthcare ecosystem. AVA's suite of tools and services is built within a unified data architecture. Medicare Advantage plans are direct-to-consumer and provide a single point of care delivery for hospital insurance benefits, outpatient services and often prescription drug coverage.