Alignment Healthcare upped its year-over-year revenue and improved on losses in the first quarter of 2023.
According to the company's first quarter earnings report published May 4, the company brought in $439.2 million in revenue in the first quarter of 2023, up 27.1 percent from the first quarter of 2022.
The company improved on its year-over-year losses, posting a $37.4 million loss in the first quarter of 2023, down from $40.8 million in the first quarter of 2022.
The Medicare Advantage-focused company had 109,700 members at the end of the first quarter, up from 94,200 in the same time period last year.