Alignment Healthcare delivered strong Q2 results with revenue up 30% YoY to $1.34 billion, beating expectations — fueled by member growth and AI-driven clinical interventions aimed at keeping patients healthier and out of hospitals. But medical costs ran higher than planned, as the company strategically targets sicker members and builds future-proof infrastructure. While short-term expenses rise, they’re betting big on innovation and scalability for long-term efficiency.

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