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Employee Benefits

Alignment Healthcare posts $40 million loss in third quarter

November 07, 2022 Reprints

Alignment Healthcare Inc. reported a $40.2 million loss in its third quarter as the startup provider of Medicare Advantage coverage spends money to expand coverage into new markets and grow enrollment, reports Forbes. Orange, California-based Alignment reported a total revenue increase of nearly 23% to $360.3 million compared to $293.5 million in the year-ago quarter as health plan enrollment continues to rise.

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Alignment Healthcare posts $40 million loss in third quarter

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