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Alignment Healthcare strategy for growth in Medicare Advantage market - Business Insider

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Alignment Healthcare is aiming for $1 billion in revenue. CEO John Kao told us how it's taking on the red-hot Medicare Advantage market.

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Competition for the 22 million Americans enrolled in Medicare Advantage plans, and the thousands signing up daily as they turn 65, is fierce. But the months that followed weren't as smooth.The hospital didn't communicate with his mother's other doctors, and instead, Kao had to act as his mother's caretaker, having conversations with her primary-care doctor and organizing visits from nurses while she was recovering.Alignment provides health-insurance plans and services designed to help coordinate healthcare for the Medicare Advantage market.

In California, where Alignment operates its own health plans, the company's finances are easiest to track. The state accounts for the bulk of the company's member, about 48,000 people.

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