Alignment Healthcare reported a net loss of $26 million despite a 57.7% year-over-year increase in Medicare Advantage membership, reaching 182,300 members. The company raised its full-year membership and revenue guidance, projecting 184,000 to 186,000 members, while aiming for adjusted EBITDA profitability by 2025. CEO John Kao expressed confidence in achieving a $40 million adjusted EBITDA in 2025, bolstered by a five-star rating from CMS for one of its Medicare Advantage plans.
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