Earnings Call Summary | Alignment Healthcare(ALHC.US) Q1 2024 Earnings Conference
Earnings Call Summary | Alignment Healthcare(ALHC.US) Q1 2024 Earnings Conference
The following is a summary of the Alignment Healthcare, Inc. (ALHC) Q1 2024 Earnings Call Transcript:
以下是Alignment Healthcare, Inc.（ALHC）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Alignment Healthcare reported a Q1 2024 revenue of $629 million, marking a 43% year-over-year growth, and health plan membership witnessing a 50% growth to 165,100 members.
They reported an adjusted gross profit of $57 million and an adjusted EBITDA of negative $12 million, surpassing their first quarter outlook.
Due to this strong performance, full year membership and revenue guidance had to be raised and the low end of adjusted gross profit guidance was also uplifted.
Major profitability improvement of 2024 is forecasted to root from the Medicare Advantage business. They are on track to increase EBITDA margins by 200 basis points.
Alignment Healthcare报告称，2024年第一季度收入为6.29亿美元，同比增长43％，健康计划会员人数增长了50％，达到165,100名会员。
他们报告调整后的毛利为5700万美元，调整后的息税折旧摊销前利润为负1200万美元，超过了第一季度的展望。
由于这种强劲的表现，必须提高全年会员和收入指引，调整后毛利预期的低端也有所提高。
预计2024年盈利能力的重大改善将源于Medicare Advantage业务。他们有望将息税折旧摊销前利润率提高200个基点。
Business Progress:
业务进展：
The company demonstrated improved patient care and observed growth in membership due to investments in AVA, contributing to better outcomes and controlling medical costs.
Strong customer retention was a result of a focus towards low-cost structures without compromising quality.
The company boasted a shared risk contracting model, working in unison with independent community doctors and health systems for a holistic patient care approach.
Planning for an aggressive market expansion in 2026 and expecting strong health plan membership growth and margin expansion for 2025.
There are plans to increase focus on improved admission and readmission management to balance unit cost increases and ensuring accurate claim submissions from provider partners.
Response to changes in macroeconomic factors was positive as the company maintained a 4%-5% pretax margin, affirming their position as a high-quality, low-cost player.
The company also sees potential for partnerships with top-tier health systems to aid in reducing senior admissions into hospitals.
由于对AVA的投资，该公司的患者护理有所改善，会员人数也有所增加，这有助于改善疗效和控制医疗成本。
强劲的客户保留率是由于在不影响质量的情况下专注于低成本结构的结果。
该公司拥有共享风险合同模式，与独立的社区医生和卫生系统齐心协力，采用全面的患者护理方法。
计划在2026年进行积极的市场扩张，并预计2025年健康计划的会员人数将强劲增长和利润率扩大。
计划更加注重改善入院和再入院管理，以平衡单位成本的增加，并确保提供商合作伙伴提交的索赔准确无误。
对宏观经济因素变化的反应是积极的，因为该公司保持了4％-5％的税前利润率，巩固了其作为高质量、低成本参与者的地位。
该公司还认为，有可能与顶级卫生系统建立合作伙伴关系，以帮助减少老年人入院人数。
More details: Alignment Healthcare IR
更多详情： Alignment 医疗
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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译文内容由第三方软件翻译。