Alignment Healthcare, Inc. · NASDAQ:ALHC
Alignment Healthcare — William Blair 44th Annual Growth Stock Conference (June 2024)
14 slides from Alignment Healthcare's conference presentation, Jun 6, 2024
Slide 1: A New Era of Aging
1 A NEW ERA OF AGING Alignment Health USA, LLC Confidential and Proprietary Information Copyright Alignment Health USA, LLC 2024 All Rights Reserved | Unauthorized Use Prohibited William Blair 44th Annual Growth Stock Conference
Slide 2: Legal Disclaimer
2 Legal Disclaimer Forward Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 199
Slide 3: Year-to-Date Recap
3 Year-to-Date Recap Exceptional Growth Results • 165,100 health plan members as of Mar. 31, 2024 • 51% YoY membership growth • 30% YoY reduction in new member voluntary disenrollment during the first quarter • Investments in AVA, network, sales operations and member experience continue to drive gro
Slide 4: Product and Network Control: MA Platform Enables Virtuous Cycle
4 • Curated Products tailored to senior lifestyles • High-quality provider networks • Concierge-level support for a premium member experience • Improve health outcomes through AVA insights and Care Anywhere clinical intervention • Medical savings result from lowering avoidable costs • Reinvestment i
Slide 5: Purpose-Built Medicare Advantage Platform Company
5 Purpose-Built Medicare Advantage Platform Company D R IV E S S U S TA IN AB LE GROWTH PERSONALIZED CARE S U P E R IO R EXPERIENCE AND ENGAG EM E N T RIC HES T C O V E R A G E A N D B E N EF IT S H IG H -Q U A L IT Y , L O W -C O S T CARE 1 2 3 4 5 AVA Technology • Developed deeper provider relatio
Slide 6: Our Model Enables Us to Manage Costs while Growing Quickly
6 Our Model Enables Us to Manage Costs while Growing Quickly Notes: 1. Alignment MBR reflects adj. MBR excluding ACO REACH. MBR metrics for peers represent the most comparable reported measure to an individual MA MBR. YoY membership comparisons exclude the impact of acquired membership. Alignment He
Slide 7: AVA Platform Performance Management
7 Creates Visibility, Control, and Durability Across Value Drivers Required for Success AVA Platform Performance Management Real-time outcome tracking and performance measurement across value drivers Unified Data Platform Actionable Data and Insights | Accurate, Timely, Complete Core Infrastructure
Slide 8: Care Anywhere Model by Member Population Segment
8 74% MEMBERSHIP 5% INSTITUTIONAL CLAIMS 7% MEMBERSHIP 19% INSTITUTIONAL CLAIMS 7% MEMBERSHIP 1% INSTITUTIONAL CLAIMS HEALTHY PRE-CHRONICHEALTHY UTILIZER Notes: 1. Based on at-risk members, Aug 2022 - Jul 2023 dates of service. 2. Based on October 2022 to September 2023 encounter data. 3. Estimated
Slide 9: Personalized Healthcare
9 Personalized Healthcare Notes: 1. All identifying patient information is changed to conceal patient identity. Underlying medical information contains real patient data. This report has been truncated for display purposes. • Extreme risk indicates high priority for Care Anywhere clinical engagement
Slide 10: Visibility and Control at the Patient Level
10 Visibility and Control at the Patient Level Notes: 1. All identifying patient information is changed to conceal patient identity. Underlying medical information contains real patient data. This report has been truncated for display purposes. • Filtering criteria used to precisely analyze and addr
Slide 11: Visibility and Control at the Market Level
11 • 200+ unique data sources • Admission, discharge, transfer (ADT) feeds from approximately 11,000 hospitals and facilities • Same-day pharmacy and lab data connections from the vast majority of pharmacies and labs in the US • Over 13,000 distinct demographic attributes 1 Data Collection & Ingesti
Slide 12: IPA Case Study: Rapid Response to Utilization Hotspots
12 316 255 228 201 150 Jan Feb Mar Apr YE 2024 Inpatient Admissions per Thousand IPA Case Study: Rapid Response to Utilization Hotspots • Alignment grew membership substantially with a new IPA relationship during the 2024 AEP. Members in this IPA were previously not well managed. • AVA’s real time a
Slide 13: IPA Case Study: MBR Management Drives Virtuous Cycle
13 2 Product Investment $0 $50 $100 $150 $200 $250 $300 2018 2019 2020 2021 2022 2023 2024 Average Rebate Value ($ pmpm) 3 Membership Growth 1 Medical Outcomes IPA Case Study: MBR Management Drives Virtuous Cycle • Initial Entry: Members who were paneled to doctors affiliated with the IPA were extre
Slide 14: The Medicare Advantage Platform for the Future
14 Disruptive, purpose-built Medicare Advantage platform The Medicare Advantage Platform for the Future Investments in operations and AVA accelerating our virtuous cycle Medical cost visibility and control supports 2024 profitability outlook Widening advantages versus incumbents on Stars and risk mo
Alignment Healthcare — William Blair 44th Annual Growth Stock Conference (June 2024) on 6ix