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Molina Healthcare was founded in 1980 by C. David Molina, an emergency room physician in Long Beach, California. He had seen an influx of patients using the emergency room for common illnesses such as a sore throat or the flu because they were being turned away by doctors who would not accept Medi-Cal .
Molina Healthcare | 194,636 followers on LinkedIn. Molina Healthcare is a FORTUNE 500 company that is focused exclusively on government-sponsored health care programs for families and...
Molina Healthcare has an overall rating of 3.5 out of 5, based on over 2,541 reviews left anonymously by employees. 60% of employees would recommend working at Molina Healthcare to a friend and 62% have a positive outlook for the business. This rating has improved by 1% over the last 12 months.
6 days ago · Molina Healthcare: Molina's quarterly medical cost ratio, the percentage of premiums paid out for medical services, was 88.6%, higher than LSEG estimates of 88.3%.
Molina Healthcare is a health care organization that delivers healthcare services and offers health information management solutions. It operates through three reportable segments: Medicaid, Medicare, Marketplace, and Other.
6 days ago · (Reuters) – Molina Healthcare beat Wall Street estimates for second-quarter earnings on Wednesday, driven by higher premiums from its government-backed Medicaid insurance plans for low-income individuals. Shares of the health insurance provider rose 12.2% at $322 in after-market trading. The company reported total revenue of $9.88 billion, beating analysts’ estimates of $9.77 billion. Premiums revenue grew 17% year-over-year to $9.45 billion, bolstered by new contract wins.
Apr 30, 2024 · Who Is Molina Healthcare? Molina Healthcare specializes in managed healthcare for: Low-income families. Pregnant women and other individuals who receive their care through a Medicaid health plan. The State Children’s Health Insurance Program (SCHIP). Medicare Advantage health plans aimed at low-income seniors. Dual Medicare/Medicaid plans.
Oct 25, 2023 · Molina Healthcare on Wednesday beat Wall Street estimates for third-quarter profit as a rise in memberships offset higher medical costs caused by a rebound in elective surgeries.
Molina Healthcare, Inc. engages in the provision of health care services. It operates through the Health Plans and Other segments.
Molina Healthcare, Inc., a FORTUNE 500 company, provides managed healthcare services under the Medicaid and Medicare programs and through the state insurance marketplaces. Molina Healthcare served approximately 5.2 million members as of December 31, 2021. For more information about Molina Healthcare, please visit molinahealthcare.com.
