According to the company’s second-quarter earnings report, published Aug. 3, total revenue in the second quarter was $462.4 million, up from $366.5 million the previous year.
The company grew its Medicare Advantage membership to 112,000, up 17 percent year over year. Alignment Healthcare’s medical benefit ratio was 88.4 percent, up from 83.4 percent in the same period last year.
Founded in 2013, Alignment provides Medicare Advantage coverage in six states.
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