Alignment Healthcare Secures $115 Million Investment from Warburg Pincus to Expand Innovative Care Delivery Model

On March 9, Alignment Healthcare (“Alignment”), a U.S. population health management company, announced that Warburg Pincus, a global private equity firm focused on growth investments, has agreed to invest $115 million in the company. This round of financing will enable Alignment to accelerate its business expansion and bring its unique care delivery model to more patients across China.

According to VCBeat, Alignment was founded in 2013. It reduces costs and lowers the burden on taxpayers by creating a new model of healthcare delivery that empowers patients to improve their lives and achieve their health goals.

Alignment provides customized care and services to partners and patients, including clinical coordination, risk management, and more.Through Medicare, Medicaid, and HMOs, we improve care quality and eliminate waste in the care process for patients with the highest treatment costs and most complex conditions. We currently serve over 45,000 members across three U.S. states.

“We are honored to welcome Warburg Pincus as our partner and look forward to leveraging their deep expertise and network in the healthcare industry. We believe we have the world’s best financial partner in healthcare.”“John Kao, President and Chief Executive Officer of Alignment Healthcare, said, ‘This partnership will provide Alignment with ample capital to explore new strategic collaborations that support the company’s sustained and rapid growth.’”

Warburg Pincus, founded in 1966, has raised 16 private equity funds and invested over $60 billion in more than 780 companies across over 40 countries. Since its inception, the firm has invested over $9.7 billion in more than 150 healthcare companies.

TJ Carella, General Partner at Warburg Pincus, stated, “We see opportunities in the value-based healthcare market. John and the leadership team at Alignment Healthcare have successfully designed a technological model that reduces costs and improves quality, delivering superior clinical services to patients. We look forward to the company’s continued growth.”

General Atlantic is a leading global equity firm that provides capital and strategic support to growth-oriented companies. Founded in 1980, General Atlantic combines a globally collaborative approach, a long-term investment horizon, and a deep understanding of growth drivers to partner with exceptional businesses operating worldwide.

General Atlantic and Alignment began their partnership in 2014, leveraging capital investment to develop Alignment’s unique clinical and technology platform, expand its leadership team and core business, and facilitate its entry into new markets.

“We are excited about the progress Alignment has achieved. It is a great honor to work with John and the Alignment team, and we welcome Warburg Pincus as a new partner to support Alignment’s continued growth,” said Robbert Vorhoff, Managing Director at General Atlantic.