Alignment Healthcare to eliminate ACO REACH exposure, exceeds revenue expectations
Insurtech Alignment Healthcare has recorded $1.82 billion in revenue for full-year 2023 and beat market expectations for quarterly revenue by more than $20 million, the company announced Feb. 27 during its 2024 fourth-quarter earnings call. However, its earnings per share was a loss of 25 cents, falling short of Wall Street expectations of a loss of…