MOH - Molina Healthcare, Inc.
Company Overview
Name
Molina Healthcare, Inc.
Tickers
MOH
Exchanges
NYSE
Employees
18000
Founded
1980
Sector Information
Other Information
CIK
1179929
Category
Large accelerated filer
1-Line Summary
Molina Healthcare provides managed healthcare services predominantly for low-income individuals under Medicaid and Medicare programs.
Company summary
Molina Healthcare, Inc. is a prominent managed healthcare provider that specializes in offering services under government-sponsored programs, primarily Medicaid and Medicare, as well as through state insurance marketplaces. Founded in 1980 as a provider organization for low-income families, Molina has extended its reach across 20 states, serving around 5 million members as of December 31, 2023. The company's business model is centered around its operations within four main segments: Medicaid, Medicare, Marketplace, and Other, focusing on the delivery of high-quality healthcare to economically disadvantaged individuals while aiming to maintain sustainability through effectively managing costs and improving access to care.
Molina Healthcare is committed to growth strategies that include both organic and inorganic methods, such as expanding its market presence through state procurements and pursuing mergers and acquisitions. The company emphasizes enhancing its operational efficiency, maintaining strong margins, and reinvesting in its business to improve healthcare affordability and accessibility for its members. With its strategic focus on government-sponsored healthcare, Molina leverages its expertise to navigate competitive healthcare markets and achieves growth while addressing gaps within the nation's healthcare system.
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