LONG BEACH, Calif. / Nov 18, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today announced the closing of its previously announced offering of $750 million aggregate principal amount of 6.250% senior notes due 2033 (the “Notes”) sold in a private offering to individuals reasonably believed to be “qualified institutional buyers” pursuant to Rule 144A under the Securities Act of 1933, as amended... Read More

LONG BEACH, Calif. / Nov 13, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today announced that it priced $750 million aggregate principal amount of its 6.250% senior notes due 2033 (the “Notes”) to be sold in a private offering to individuals reasonably believed to be “qualified institutional buyers” pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and... Read More

LONG BEACH, Calif. / Nov 13, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today announced that it intends to privately offer, subject to market and other conditions, $500 million aggregate principal amount of senior notes due 2033 (the “Notes”). The Company will make the offering pursuant to an exemption under the Securities Act of 1933, as amended (the “Securities Act”). The initial purchasers... Read More

Reaffirms Full Year 2024 Earnings Guidance LONG BEACH, Calif. / Oct 23, 2024 / Business Wire / Molina Healthcare, Inc . (NYSE: MOH) (the “Company”) today reported third quarter 2024 GAAP earnings per diluted share of $5.65 and adjusted earnings per diluted share of $6.01. Financial results are summarized below: Three months ended Nine months ended September 30, September 30, 2024 2023 2024 2023 (In millions, except per-share... Read More

LONG BEACH, Calif. / Oct 16, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that the Michigan Department of Health and Human Services (MDHHS) has awarded a contract to Molina’s health plan subsidiary, Molina Healthcare of Michigan, to provide a Highly Integrated Dual Eligible Special Needs Plan (HIDE SNP). The new benefit plan, MI Coordinated Health, will be available... Read More

LONG BEACH, Calif. / Sep 09, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) today announced it will issue its earnings release for the third quarter ending September 30, 2024, after the market closes on Wednesday, October 23, 2024, and will host a conference call and webcast to discuss the earnings release on Thursday, October 24, 2024, at 8:00 a.m. Eastern Time. To access this... Read More

LONG BEACH, Calif. / Sep 04, 2024 / Business Wire / Molina Healthcare, Inc . (NYSE: MOH) (“Molina” or the “Company”) announced today that Senior Executive Vice President and Chief Financial Officer, Mark Keim, will assume an expanded role which will now include leadership of the Company’s Medicaid Health Plans and Marketplace business. His responsibilities as Chief Financial Officer of the enterprise remain unchanged. Keim,... Read More

LONG BEACH, Calif. / Aug 20, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that its Board of Directors has entered into a contract amendment with President and Chief Executive Officer, Joe Zubretsky, designed to secure Mr. Zubretsky’s tenure through at least the end of 2027. Zubretsky, 67, joined Molina as President and Chief Executive Officer in November of 2017.... Read More

Reaffirms Full Year 2024 Earnings Guidance LONG BEACH, Calif. / Jul 24, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today reported second quarter 2024 GAAP earnings per diluted share of $5.17 and adjusted earnings per diluted share of $5.86. Financial results are summarized below: Three months ended Six months ended June 30, June 30, 2024 2023 2024 2023 (In millions, except per-share results)... Read More

Transaction expands Molina’s Government managed care presence into Connecticut and is expected to add $1.00 per share to new store embedded earnings 1 LONG BEACH, Calif. / Jul 23, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that it has entered into a definitive agreement to acquire ConnectiCare Holding Company, Inc. (“ConnectiCare”), a wholly owned subsidiary of... Read More

LONG BEACH, Calif. / Jul 19, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (“Molina”) announced today that the Florida Agency for Healthcare Administration (AHCA) has awarded a new Medicaid managed care contract to Molina’s health plan subsidiary, Molina Healthcare of Florida, Inc. Under the contract award in Miami-Dade and Monroe Counties, Molina expects to serve approximately 90,000 Medicaid beneficiaries. The... Read More

LONG BEACH, Calif. / Jun 05, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) today announced it will issue its earnings release for the second quarter ending June 30, 2024, after the market closes on Wednesday, July 24, 2024, and will host a conference call and webcast to discuss the earnings release on Thursday, July 25, 2024, at 8:00 a.m. Eastern Time. To access this interactive teleconference, dial (877)... Read More

LONG BEACH, Calif. / May 22, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) announced today that the Wisconsin Department of Health Services (DHS) intends to make an award for the purchase of services in its Geographic Service Region 5 to Molina Healthcare of Wisconsin. The go-live date is expected to be January 1, 2025, and the contract is expected to have a duration of two years, with an option for three,... Read More

Reaffirms Full Year 2024 Guidance LONG BEACH, Calif. / Apr 24, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today reported first quarter 2024 GAAP earnings per diluted share of $5.17 and adjusted earnings per diluted share of $5.73. Financial results are summarized below: Three months ended March 31, 2024 2023 (In millions, except per-share results) Premium Revenue $9,504 $7,885 Total Revenue... Read More

LONG BEACH, Calif. / Apr 11, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that the Michigan Department of Health and Human Services (MDHHS) intends to award a Comprehensive Health Care Program contract to Molina’s health plan subsidiary, Molina Healthcare of Michigan. Molina confirmed it was awarded the contract in six service regions. The go-live date for Molina... Read More

LONG BEACH, Calif. / Mar 06, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) today announced details for the release of its results for the first quarter ending March 31, 2024. Molina Healthcare will issue its earnings release for the first quarter ending March 31, 2024, after the market closes on Wednesday, April 24, 2024, and will host a conference call and webcast to discuss the earnings release on Thursday,... Read More

LONG BEACH, Calif. / Feb 29, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that its Virginia health plan subsidiary, Molina Healthcare of Virginia, was not selected as an awardee in the Commonwealth of Virginia’s Cardinal Care Managed Care program. The current contract is expected to continue into the summer of 2024. Molina Healthcare of Virginia currently serves... Read More

Introduces Full Year 2024 Revenue and Earnings Guidance LONG BEACH, Calif. / Feb 07, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today reported fourth quarter 2023 GAAP earnings per diluted share of $3.70 and adjusted earnings per diluted share of $4.38. The Company also reported full year 2023 GAAP earnings per diluted share of $18.77 and adjusted earnings per diluted share of $20.88.... Read More

LONG BEACH, Calif. / Jan 04, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) today announced details for the release of its results for the fourth quarter and year ended December 31, 2023. Molina Healthcare will issue its earnings release for the fourth quarter and year ended December 31, 2023, after the market closes on Wednesday, February 7, 2024, and will host a conference call and webcast to discuss the... Read More

LONG BEACH, Calif. / Jan 02, 2024 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) today announced that its acquisition of Bright Healthcare’s California Medicare business closed effective as of January 1, 2024. At closing, Bright Healthcare’s California Medicare business served more than 109,000 members. About Molina Healthcare Molina Healthcare, Inc., a FORTUNE 500 company, provides managed healthcare services under... Read More

Expected closing on or about January 1, 2024 LONG BEACH, Calif. / Dec 18, 2023 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that on December 13, 2023, the Company amended its purchase agreement for the acquisition of Bright HealthCare’s California Medicare business. The purchase price for the transaction, net of certain tax benefits, is reduced from the previously... Read More

Affirms Full Year 2023 Earnings Guidance LONG BEACH, Calif. / Oct 25, 2023 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today reported third quarter 2023 GAAP earnings per diluted share of $4.21 and adjusted earnings per diluted share of $5.05. Financial results are summarized below: Three months ended Nine months ended September 30, September 30, 2023 2022 2023 2022 (In millions, except per-share... Read More

LONG BEACH, Calif. / Sep 07, 2023 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) today announced details for the release of its results for the third quarter ending September 30, 2023. Molina Healthcare will issue its earnings release for the third quarter ending September 30, 2023, after the market closes on Wednesday, October 25, 2023, and will host a conference call and webcast to discuss the earnings release on... Read More

LONG BEACH, Calif. / Sep 05, 2023 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) today announced that its acquisition of My Choice Wisconsin (“MCW”) closed on September 1, 2023. As of June 30, 2023, MCW served over 44,000 members. About Molina Healthcare Molina Healthcare, Inc., a FORTUNE 500 company (currently ranked 126), provides managed healthcare services under the Medicaid and Medicare programs and through the... Read More

LONG BEACH, Calif. / Aug 14, 2023 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) confirmed that the New Mexico Human Services Department (HSD) has announced its intention to award a Medicaid managed care contract to Molina’s New Mexico health plan, Molina Healthcare of New Mexico. The announcement by HSD follows its rescission of the cancellation of the Turquoise Care Request for Proposals... Read More

Increases Full-Year 2023 Earnings Guidance LONG BEACH, Calif. / Jul 26, 2023 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today reported second quarter 2023 GAAP earnings per diluted share of $5.35 and adjusted earnings per diluted share of $5.65. Financial results are summarized below: Three months ended Six months ended June 30, June 30, 2023 2022 2023 2022 (In millions, except per-share results)... Read More

Transaction expands Molina’s Medicare presence in California and is expected to add $1.00 per share to new store embedded earnings 1 LONG BEACH, Calif. / Jun 30, 2023 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that it has entered into a definitive agreement to acquire 100% of the issued and outstanding capital stock of Brand New Day and Central Health Plan of California... Read More

LONG BEACH, Calif. / Jun 07, 2023 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) today announced details for the release of its results for the second quarter ending June 30, 2023. Molina Healthcare will issue its earnings release for the second quarter ending June 30, 2023, after the market closes on Wednesday, July 26, 2023, and will host a conference call and webcast to discuss the earnings release on Thursday,... Read More

LONG BEACH, Calif. / May 16, 2023 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (“Molina”) today announced that Jim Woys and Mark Keim have each been promoted to the position of senior executive vice president, effective May 15th. With this promotion, Woys also assumes the role of chief operating officer. Keim will continue as chief financial officer with expanded operational and growth-related responsibilities. Woys... Read More

Increases Full-Year 2023 Earnings Guidance LONG BEACH, Calif. / Apr 26, 2023 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today reported first quarter 2023 GAAP earnings per diluted share of $5.52 and adjusted earnings per diluted share of $5.81. Quarter ended March 31, 2023 2022 (In millions, except per-share results) Premium Revenue $7,885 $7,531 Total Revenue $8,149 $7,770 GAAP: Net Income $321... Read More

LONG BEACH, Calif. / Mar 16, 2023 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) today announced details for the release of its results for the first quarter ending March 31, 2023. Molina Healthcare will issue its earnings release for the first quarter ending March 31, 2023, after the market closes on Wednesday, April 26, 2023, and will host a conference call and webcast to discuss the earnings release on Thursday,... Read More

LONG BEACH, Calif. / Mar 06, 2023 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (“Molina”) today announced that the Indiana Department of Administration has recommended that contract negotiations begin with Molina’s Indiana health plan, Molina Healthcare of Indiana, Inc. Under the proposed contract with the Indiana Family and Social Services Administration (FSSA), Molina Healthcare of Indiana is expected to provide... Read More

LONG BEACH, Calif. / Feb 08, 2023 / Business Wire / Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today reported fourth quarter 2022 GAAP earnings per diluted share of $0.96 and adjusted earnings per diluted share of $4.10. The Company also reported full year 2022 GAAP earnings per diluted share of $13.55 and adjusted earnings per diluted share of $17.92. Financial results are summarized below. Quarter ended Year ended... Read More

Molina Healthcare, Inc. (NYSE: MOH) today announced details for the release of its results for the fourth quarter and year ended December 31, 2022. Molina Healthcare will issue its earnings release for the fourth quarter and year ended December 31, 2022, after the market closes on Wednesday, February 8, 2023, and will host a conference call and webcast to discuss the earnings release on Thursday, February 9, 2023, at 8:00... Read More

Molina Healthcare, Inc. (NYSE: MOH) (“Molina”) confirmed today that the California Department of Health Care Services (“DHCS”) has announced the awards of Medi-Cal contracts to Molina Healthcare of California commencing on January 1, 2024. The December 30 th announcement confirms Molina’s footprint as originally announced in August 2022, including Medi-Cal awards in each of Riverside, Sacramento, San Bernardino, and San... Read More