John Kao, CEO of Alignment Healthcare, joins AHIP board to enhance health care services and patient-centered solutions.
Quiver AI Summary
Alignment Healthcare, Inc. has announced that its founder and CEO, John Kao, was elected to the board of directors of AHIP, effective June 5, 2025. In his statement, Kao expressed his honor in joining the board and his commitment to improving healthcare for more Americans, highlighting the industry's critical juncture. Mike Tuffin, AHIP President and CEO, welcomed Kao, noting that his experience in patient-centered, value-based healthcare will be crucial as the organization works to simplify healthcare services. Kao's appointment comes after Alignment's notable growth in membership and financial performance, marked by a revenue increase to $2.7 billion in 2024, and a 58.6% rise in health plan members. Alignment Health aims to enhance senior care through coordinated services and innovative technology while focusing on high-quality and accessible care for Medicare Advantage members.
Potential Positives
- John Kao's election to the AHIP board of directors reinforces Alignment Healthcare's leadership influence in the industry, promoting its agenda for improving healthcare delivery.
- The company achieved significant financial growth, reporting $2.7 billion in total revenue, a 48.3% increase from the previous year.
- Alignment Healthcare saw substantial membership growth, increasing its health plan members by 58.6% year over year to a total of 189,100 members.
- Being named to the Fortune 1000 for the first time highlights Alignment Healthcare's successful business strategy and enhances its credibility in the market.
Potential Negatives
- None
FAQ
Who is John Kao?
John Kao is the founder and CEO of Alignment Healthcare, Inc. and has been elected to the AHIP board of directors.
What is AHIP?
AHIP is a national business organization representing member companies that provide health care coverage and services to millions of Americans.
What did John Kao say about his AHIP appointment?
Kao expressed honor in joining the AHIP board and emphasized the importance of improving healthcare for all Americans.
What notable achievements has Alignment Healthcare made recently?
Alignment Healthcare reported a 48.3% revenue increase in 2024 and significantly grew its health plan membership by 58.6% year over year.
What is the mission of Alignment Health?
Alignment Health aims to provide high-quality, low-cost care for Medicare Advantage members, promoting vibrant aging and well-being.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ALHC Insider Trading Activity
$ALHC insiders have traded $ALHC stock on the open market 76 times in the past 6 months. Of those trades, 0 have been purchases and 76 have been sales.
Here’s a breakdown of recent trading of $ALHC stock by insiders over the last 6 months:
- ATLANTIC, L.P. GENERAL sold 17,000,000 shares for an estimated $259,760,000
- ATLANTIC (ALN HLTH), L.P. GENERAL sold 17,000,000 shares for an estimated $259,760,000
- JOHN E KAO (Chief Executive Officer) has made 0 purchases and 15 sales selling 1,243,901 shares for an estimated $19,015,425.
- DAWN CHRISTINE MARONEY (President) has made 0 purchases and 14 sales selling 740,961 shares for an estimated $12,158,527.
- ROBERT THOMAS FREEMAN (Chief Financial Officer) has made 0 purchases and 8 sales selling 514,978 shares for an estimated $8,054,047.
- HAKAN KARDES (Chief Experience Officer) has made 0 purchases and 9 sales selling 155,342 shares for an estimated $2,458,104.
- CHRISTOPHER J JOYCE (Chief Legal and Admin. Officer) has made 0 purchases and 7 sales selling 103,612 shares for an estimated $1,736,163.
- HYONG KIM (Chief Medical Officer) has made 0 purchases and 7 sales selling 77,594 shares for an estimated $1,249,769.
- ROBERT L. SCAVO (Chief Information Officer) has made 0 purchases and 7 sales selling 74,737 shares for an estimated $1,178,518.
- ANDREAS P. WAGNER (Chief Human Resources Officer) has made 0 purchases and 4 sales selling 27,398 shares for an estimated $421,679.
- SEBASTIAN BURZACCHI (COO - Mgmt Services Org) has made 0 purchases and 3 sales selling 15,244 shares for an estimated $206,061.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ALHC Hedge Fund Activity
We have seen 141 institutional investors add shares of $ALHC stock to their portfolio, and 66 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WARBURG PINCUS LLC removed 13,622,779 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $153,256,263
- FMR LLC removed 3,247,302 shares (-19.7%) from their portfolio in Q1 2025, for an estimated $60,464,763
- CITADEL ADVISORS LLC removed 2,844,497 shares (-92.1%) from their portfolio in Q1 2025, for an estimated $52,964,534
- DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) removed 2,736,829 shares (-37.5%) from their portfolio in Q1 2025, for an estimated $50,959,755
- BLACKROCK, INC. added 1,814,950 shares (+20.3%) to their portfolio in Q1 2025, for an estimated $33,794,369
- POINT72 ASSET MANAGEMENT, L.P. removed 1,785,480 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $33,245,637
- INVESCO LTD. added 1,752,033 shares (+1415.7%) to their portfolio in Q1 2025, for an estimated $32,622,854
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ALHC Analyst Ratings
Wall Street analysts have issued reports on $ALHC in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 03/04/2025
To track analyst ratings and price targets for $ALHC, check out Quiver Quantitative's $ALHC forecast page.
Full Release
ORANGE, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC) announced today that founder and CEO John Kao was elected to the AHIP board of directors, effective June 5, 2025.
AHIP is a national business organization whose member companies provide health care coverage, services and solutions to millions of Americans every day.
“I'm honored to join the AHIP board and collaborate with leaders across the industry who are committed to making health care work better for more Americans,” said Kao. “The industry is at a critical inflection point, and I look forward to working with my fellow board members to help shape a stronger, more sustainable future for everyone.”
“We are very pleased to welcome John to the AHIP board of directors. His experience and vision for a patient-centered, compassionate, value-based health care system will be invaluable as we continue working to make health care simpler and more responsive for the people our industry serves,” said Mike Tuffin, AHIP President and CEO.
Kao’s appointment follows Alignment’s industry-leading membership growth and strong financial performance, driven by its successful approach to Medicare Advantage done right. This year, the company was named to the Fortune 1000 for the first time after a successful 2024, in which it reported $2.7 billion in total revenue, a 48.3% increase over the previous year and grew to 189,100 health plan members, up 58.6% year over year.
About Alignment Health
Alignment Health is championing a new path in senior care that empowers members to age well and live their most vibrant lives. A consumer brand name of Alignment Healthcare (NASDAQ: ALHC), Alignment Health’s mission-focused team makes high-quality, low-cost care a reality for its Medicare Advantage members every day. Based in California, the company partners with nationally recognized and trusted local providers to deliver coordinated care, powered by its customized care model, 24/7 concierge care team and purpose-built technology, AVA
®
. As it expands its offerings and grows its national footprint, Alignment upholds its core values of leading with a serving heart and putting the senior first. For more information, visit
www.alignmenthealth.com
.
Media Contacts
Priya Shah
mPR, Inc. for Alignment Health
[email protected]
