Alignment Healthcare, Inc. Provides Revenue Guidance for the First Quarter and Full Year 2024
February 27, 2024 at 09:01 pm
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Alignment Healthcare, Inc. provided revenue guidance for the first quarter and full year 2024. For the first quarter, the company expected revenue to be in the range of $590 million to $600 million.
For the full year, the company expected revenue to be in the range of $2,380 million to $2,410 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.