Alignment Healthcare Inc (NASDAQ: ALHC) announced that its California Medicare Advantage (MA) HMO – which represents roughly 89% of its MA membership – has maintained an overall 4 out of 5-star rating from the Centers for Medicare & Medicaid Services (CMS) for 2024, marking its seventh consecutive year as a 4-star or greater plan.
Additionally, its North Carolina HMO achieved an overall 4.5 out of 5-star rating for 2024, its second year eligible for rating.
Raymond James has upgraded Alignment Healthcare to a Strong Buy and increased the price target to $10 following the 2024 Star Ratings release.
The ...