Molina Healthcare Inc - Company Profile

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Molina Healthcare Inc: Overview

Molina Healthcare Inc (Molina Healthcare) is a provider of government-sponsored care for low-income individuals in the US. The organization provides Medicare Advantage plans free of cost to address the healthcare requirements of individuals with Medicare or both Medicaid and Medicare coverage. It employs member-centered healthcare approach for people who are eligible for both Medicaid and Medicare for facilitating high quality care to address individual specific needs. Molina Healthcare also offers Marketplace plans to remove financial barriers and enable its Medicaid members to stay with their providers as they transition between Medicaid and the Marketplace. Besides offering its services through its own clinics the organization serves families and individuals’ eligible for government-sponsored programs; and offers healthcare services to independent physicians and groups, hospitals, ancillary providers through contracts. Molina Healthcare is headquartered in Long Beach, California, the US.

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Headquarters United States of America

Address 200 Oceangate, Suite 100, Long Beach, California, 90802-4317


Telephone 1 562 4353666

No of Employees 18,000

Industry Financial Services

Ticker Symbol & Exchange MOH (NYSE)

Revenue (2022) $34.1B 6.6% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 37.8% (2022 vs 2021)

Market Cap* $22.1B

Net Profit Margin (2022) XYZ 29.0% (2022 vs 2021)

* As of and is in US$
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Molina Healthcare Inc premium industry data and analytics

16+

Insurance Market Data Insights

Insight into market share and brand performance.

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Molina Healthcare Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Molina Healthcare Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Health Plans: Managed Healthcare
Medicare Advantage Plans Medicaid
Medicare-Medicaid Plans Medicare
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Plans/Strategy In April, the company announced its plans to secure a Comprehensive Health Care Program contract from the Michigan Department of Health and Human Services for Molina’s health plan subsidiary, Molina Healthcare of Michigan.
2024 Financing Agreements In February, Molina Healthcare of Illinois and The MolinaCares Accord announced a collaboration to invest US$3.7 million in the MolinaCares Illinois Health Equity Initiative.
2024 Contracts/Agreements In February, MolinaCares Accord partnered with Senior Whole Health by Molina Healthcare to invest $5 million in organizations offering place-based support for residents in senior affordable housing sites.
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Competitor Comparison

Key Parameters Molina Healthcare Inc UnitedHealth Group Inc The Cigna Group Elevance Health Inc Centene Corp
Headquarters United States of America United States of America United States of America United States of America United States of America
City Long Beach Hopkins Bloomfield Indianapolis St. Louis
State/Province California Minnesota Connecticut Indiana Missouri
No. of Employees 18,000 440,000 72,500 104,900 67,700
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Dale B. Wolf Chairman Executive Board 2017 68
Joseph M. Zubretsky President; Chief Executive Officer; Director Executive Board 2017 66
Mark L. Keim Chief Financial Officer Senior Management 2021 57
Jeff D. Barlow Chief Legal Officer; Secretary Senior Management 2010 60
Tim Gutshall Chief Medical Officer Senior Management 2022 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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