Alignment Healthcare Launches Care-As-A-Service Business Unit, Opens Access To Its Data Analytics Hub

ORANGE, Calif., Dec. 21, 2016 /PRNewswire/ -- Population health company Alignment Healthcare is launching a new business unit, Alignment Health Services, that will for the first time fully open access to its proprietary technology to third parties.

Alignment Health Services will allow partner companies access to Alignment's clinical model and population health technology while taking on financial risk themselves.

"Our partners have asked us to be flexible and provide clinical and technology services to them, where we are not taking any downside risk and gainsharing," said John Kao, CEO and president of Alignment Healthcare. "People enrolled in Alignment programs are healthier, so we are excited to introduce our care model to a larger population through Alignment Health Services."

In 2015, Medicare beneficiaries enrolled in Alignment care programs experienced up to 50 percent fewer hospital admissions and 38 percent fewer emergency room visits than before enrollment, and 30-day re-admission rates well below national average. The California-based company, which recently announced double-digit growth after its third Medicare enrollment period, serves more than 40,000 members across three states.

Alignment's first care-as-a-service partnership is being implemented in North Carolina, a market where it operates four freestanding care centers for Medicare beneficiaries and has partnered with UNC HealthCare, Humana and FirstCarolinaCare Insurance Company.

Tech entrepreneur Jennifer "Jenna" Geiger, who joined Alignment in April 2016 as chief operating officer, has been named president of Alignment Health Services and will be responsible for growing and operating the new business.

Health care executive Robert Lonardo, most recently chief growth and business development officer for CareMore Health Plan, will take on the chief operating officer role at Alignment Healthcare, responsible for day-to-day business and clinical operations, consumer engagement, quality assurance and market implementation. Lonardo has served in several senior leadership capacities at Blue Shield of California, CareMore Medical Group and Care1st Health Plan.

ABOUT ALIGNMENT HEALTHCARE
Alignment Healthcare is redefining the business of health care by shifting the focus from payments to people. We've created a new model for health care delivery that cuts costs and improves lives by unraveling the inefficiencies of the current system to drive patients, providers and payers toward a common goal of wellness. Harnessing best practices from Medicare Advantage, our innovative data-management technology allows us to commit to caring for seniors and those who need it most: the chronically ill and frail. With offices and care centers across the country, Alignment Healthcare provides partners and patients with customized care and service where they need it and when they need it, including clinical coordination, risk management and technology facilitation. Alignment Healthcare offers HMO plan options to California residents through the Alignment Health Plan, and partners with select health plans in North Carolina and Florida to help deliver better benefits at lower costs. For more information, please visit http://www.alignmenthealthcare.com.

Media Contact
Alison Trinidad(657) 218-7730, atrinidad@ahcusa.com

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SOURCE Alignment Healthcare