Molina Healthcare Inc - Company Profile
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Molina Healthcare Inc (Molina) provides managed healthcare services primarily under the Medicaid and Medicare programs, as well as through state insurance marketplaces. The company's main activities include offering health plans and services to low-income families and individuals. Molina's major services encompass Medicaid and Medicare health plans, along with Marketplace insurance plans. The company serves a diverse customer base, including low-income individuals and families, elderly and disabled persons. Molina operates across various states, providing healthcare solutions tailored to meet the needs of its members. The company offers its services through state-operated programs and collaborates with managed care plans to deliver healthcare benefits. Its geographic presence spans multiple states in the US. Molina Healthcare is headquartered in Long Beach, California, the US.
Headquarters
United States of America
Address
200 Oceangate, Suite 100, Long Beach, California, 90802
Website
www.molinahealthcare.com
Telephone
1 562 4353666
No of Employees
19,000
Industry
Financial Services
Ticker Symbol & Exchange
MOH (NYSE)
Revenue (2024)
$45.4B
11.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-60%
(2024 vs 2023)
Market Cap*
$9.5B
Net Profit Margin (2024)
XYZ
-64.1%
(2024 vs 2023)
* As of and is in US$
Molina Healthcare Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Health Plans: | Managed Healthcare |
| Medicare Advantage Plans | Medicare |
| Medicare Plans | Medicaid |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In August, the company and Molina Healthcare of Illinois signed a partnership with Prism Foundation to launch Ready by 10/15, a free statewide school health records check hotline and community‑based mobile clinic series. |
| 2025 | Corporate Changes/Expansions | In April, Molina Healthcare of California launched its One Stop Help Center in Sacramento, California, the US. |
| 2025 | Acquisitions/Mergers/Takeovers | In February, the company acquired ConnectiCare Holding Company, Inc. |
Competitor Comparison
| Key Parameters | Molina Healthcare Inc | UnitedHealth Group Inc | CVS Health Corp | The Cigna Group | Elevance Health Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Long Beach | Eden Prairie | Woonsocket | Bloomfield | Indianapolis |
| State/Province | California | Minnesota | Rhode Island | Connecticut | Indiana |
| No. of Employees | 19,000 | 390,000 | 300,000 | 67,700 | 104,200 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dale B. Wolf | Chairman | Executive Board | 2013 | 71 |
| Joseph M. Zubretsky | Chief Executive Officer; Director; President | Executive Board | 2017 | 69 |
| Mark L. Keim | Senior Executive Vice President; Chief Financial Officer | Senior Management | 2023 | 60 |
| Jeff D. Barlow | Chief Legal Officer; Secretary | Senior Management | 2010 | 63 |
| James E. Woys | Chief Operating Officer, Senior Executive Vice President | Senior Management | 2023 | 67 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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