Alignment Healthcare, Inc. ALHC

What this company does

Alignment Healthcare, Inc. contracts its licensed Medicare Advantage plans directly with the Centers for Medicare & Medicaid Services and, in exchange for a capitated, fixed monthly payment for each enrolled member, coordinates and manages its members' healthcare, including their health outcomes and the total costs of their care. As of December 31, 2025, its Health Plan Membership, consisting of members enrolled in its HMO and PPO contracts, totaled 236,300, up from approximately 13,000 at inception. For the 2025 plan year, it offered Medicare Advantage plans in 45 markets across California, North Carolina, Nevada, Arizona, and Texas, which collectively include approximately 8.4 million Medicare-eligible seniors. It employed more than 450 full-time clinical employees, comprising approximately 25% of its full-time workforce. Its Care Anywhere program is staffed by Alignment-employed physicians, advanced practice clinicians, case managers, social workers, and behavioral health coaches. Alignment Healthcare was founded in 2013.

Written from the business description in Alignment Healthcare, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.