Alignment Healthcare delivered a strong second quarter, in what CEO John Kao said was supported by the deployment of its new artificial intelligence-powered stratification model. | Executives said the company plans to make further investments in clinical innovation, artificial intelligence solutions and market expansions.

Universal Health Services notched a solid second quarter and has raised its revenue guidance for the year, though it now expects earnings per share to drag due to individual…

Alignment Healthcare’s second quarter net income more than doubled to $36.6 million compared to the year ago period as costs in its Medicare Advantage plans eased.