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About the company
Molina Healthcare, Inc. is a provider of managed healthcare services under the Medicaid and Medicare programs, and through the state insurance marketplaces. The Company operates through four segments: Medicaid, Medicare, Marketplace, and Other. The Medicaid, Medicare, and Marketplace segments represent the government-funded or sponsored programs under which the Company offers managed healthcare services. Medicaid provides healthcare and long-term care services and support to low-income Americans. Medicare is a federal program that provides eligible persons aged 65 and over and some disabled persons with a variety of hospital, medical insurance, and prescription drug benefits. Marketplace insurance exchanges allows individuals and small groups to purchase federally subsidized health insurance. The Company arranges healthcare services for its members through contracts with a network of providers, including independent physicians and physician groups, hospitals, and ancillary providers.
- Revenue in USD (TTM)29.02bn
- Net income in USD689.00m
- Incorporated2002
- Employees14.00k
- LocationMolina Healthcare Inc200 Oceangate, Suite 100LONG BEACH 90802-4317United StatesUSA
- Phone+1 (562) 435-3666
- Fax+1 (302) 636-5454
- Websitehttps://molinacares.com/
Mergers & acquisitions
| Acquired company | MOH:NYQ since announced | Transaction value |
|---|---|---|
| AgeWell New York LLC-Medicaid Managed Long Term Care Business | 11.80% | 110.00m |
| Holder | Shares | % Held |
|---|---|---|
| The Vanguard Group, Inc.as of 31 Mar 2022 | 6.26m | 10.67% |
| Capital Research & Management Co. (World Investors)as of 31 Mar 2022 | 5.40m | 9.20% |
| T. Rowe Price Associates, Inc. (Investment Management)as of 31 Mar 2022 | 4.38m | 7.46% |
| BlackRock Fund Advisorsas of 31 Mar 2022 | 2.97m | 5.06% |
| Wellington Management Co. LLPas of 31 Mar 2022 | 2.55m | 4.35% |
| SSgA Funds Management, Inc.as of 31 Mar 2022 | 2.46m | 4.19% |
| Renaissance Technologies LLCas of 31 Mar 2022 | 1.81m | 3.09% |
| Fidelity Management & Research Co. LLCas of 31 Mar 2022 | 1.73m | 2.95% |
| Capital Research & Management Co. (International Investors)as of 31 Mar 2022 | 1.16m | 1.97% |
| Geode Capital Management LLCas of 31 Mar 2022 | 1.13m | 1.92% |
