Alignment Healthcare Raises $115M

Orange, California-based Alignment Healthcare, a developer of technology used for population health management, has raised $115M in a funding round, from private equity investor Warburg Pincus. According to Alignment Healthcare, the new funds will go to accelerate expansion of its operation across the country. Alignment Healthcare's technology and integrated care coordination is used by healthcare providers to manage the "most complex" patients in Medicare Advantage, Medicaid, and commercial HMO populations. The company is led by John Kao. Warburg Pincus joins current investor General Atlantic in backing Alignment Healthcare. More information »