Matthew Gilmore's questions to Alignment Healthcare Inc (ALHC) leadership • Q3 2024
Question
Matthew Gilmore asked for clarification on the sequential revenue decline implied in the Q4 guidance and requested an update on the engagement progress for the Care Anywhere program.
Answer
Executive Robert Freeman explained that sequential revenue declines in Q4 are typical, as growth from new, lower-PMPM members and disenrollment of higher-acuity members offset overall membership gains. He also confirmed that Care Anywhere engagement reached over 40% of targeted new members in Q3, keeping them on track for their year-end goals despite higher-than-expected growth.