Trading Profile: Molina Healthcare, Inc. provides Medicaid-related solutions to meet the health care needs of low-income families and individuals, as well as assists state agencies in their administration of the Medicaid program. As of June 22, 2011, its licensed health plans in California, Florida, Michigan, Missouri, New Mexico, Ohio, Texas, Utah, Washington, and Wisconsin served approximately 1.6 million members eligible for Medicaid, Medicare, and other government-sponsored health care programs. The company also provides business processing and information technology administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, and West Virginia, as well as drug rebate administration services in Florida. The company was formerly known as American Family Care, Inc. and changed its name to Molina Healthcare, Inc. in 2000. Molina Healthcare, Inc. was founded in 1980 and is headquartered in Long Beach, California.
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Molina Healthcare Inc current day financials: 2024-04-20 11:07:31am| Symbol | Name | Purchase price | Last Price | Change | % Change |
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Recent MOH News from Yahoo Finance & Seeking Alpha
Will High Medical Care Ratios Hurt Molina's (MOH) Q1 Earnings? »
Molina's (MOH) first-quarter performance is likely to have been hurt by escalating medical care costs, partly offset by growing membership in all three businesses.
UnitedHealth Earnings Beat — With An Asterisk — After Cyberattack; UNH Stock Surges »
UnitedHealth topped earnings estimates on Tuesday, despite costs incurred from the Change Healthcare cyberattack.
See How Florida's Much Awaited Medicaid Re-Procurement Awards Impact Centene, Humana, Molina »
Friday, the Agency for Health Care Administration announced contracts to five health plans due for the re-procurement of the Statewide Medicaid Managed Care (SMMC) program. Florida has finally announced its long-awaited Medicaid contract awards, keeping Centene Inc (NYSE:CNC), Elevance Health Inc (NYSE:ELV), and Humana Inc (NYSE:HUM) as the only providers in each state region. Stephens noted that Centene and Elevance Health re-procured specialty contracts (MMASC) while Centene also retained its
An Intrinsic Calculation For Molina Healthcare, Inc. (NYSE:MOH) Suggests It's 37% Undervalued »
Key Insights The projected fair value for Molina Healthcare is US$598 based on 2 Stage Free Cash Flow to Equity Molina...
Molina (MOH) Wins Deal to Serve Michigan's Medicaid Members »
Molina Healthcare (MOH) wins a Medicaid contract from the MDHHS to better care for the healthcare needs of Michigan's Medicaid beneficiaries and therefore, gain more customers.
Older Archived News Molina Healthcare Inc
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