May 2, 2024
Alignment Healthcare Reports Growth In Members But Continued Losses Alignment Healthcare will report 165,000 increased enrollment at its Q1 2024 investor call, but a loss from operations of $41.1 million. This still means the insurtech likely is on its way to profitability. #alignmenthealthcare #medicareadvantage https://www.fiercehealthcare.com/payers/alignment-healthcare-raises-membership-guidance-posts-466-million-loss Hospital Margins Dip In March, But Still Positive For Quarter Hospitals’ margins and revenues took a dip in March, but they still had a strong Q1 2024. #hospitals https://www.fiercehealthcare.com/providers/hospital-finance-metrics-stumble-march-remain-strong-through-q1 Medicaid Disenrollments Exceed Forecasts In Eight States A new study gives a good picture of Medicaid disenrollments with the return of redeterminations. The Robert Wood Johnson Foundation-funded Urban Institute report found Medicaid and Children’s Health Insurance Program (CHIP) enrollment declined by 9 million people from April through November 2023. This outcome is expected except that there is some variability between states. Eight states well exceeded forecasted disenrollments: Arkansas, Idaho, Iowa, Montana, New Hampshire, Oklahoma, South Dakota