Introduction
Table of Contents
Molina Healthcare Inc. is a managed care organization that has risen to prominence since its founding in 1980. The company has a diverse business model that includes healthcare services, health information technology services, and lab testing services. It’s based in Long Beach, California, but it operates clinics across the country and employs over 14,000 people.
Molina Healthcare Inc. is a publicly traded managed care organization based in Long Beach, California
Molina Healthcare Inc. is a publicly traded managed care organization based in Long Beach, California. The company provides health care services under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in five states: Arizona, Colorado, Illinois, New Mexico and Texas.[1] In addition to providing traditional health plans to both individuals and small employers (those with fewer than 50 employees), Molina also provides Medicare Advantage plans.[2]
the company provides health care services under the Medicaid and Medicare programs and through the state insurance marketplaces
- Molina Healthcare is a managed care organization.
- Molina Healthcare is for-profit company.
- Molina Healthcare is publicly traded company (on NYSE).
Molina offers a range of Medicaid and Medicare products to individuals and families, seniors, persons with disabilities, and children.
Molina Healthcare is a health plan and service provider that offers a range of Medicaid and Medicare products to individuals and families, seniors, persons with disabilities, and children. The company also provides services such as medical equipment rentals and other specialty care options.
It also provides health information technology services to healthcare providers.
In addition to its core business, Molina Healthcare also provides health information technology services to healthcare providers. The company’s HCE (healthcare electronic) program helps physician practices implement and maintain electronic medical records, scheduling and other administrative software systems. It also offers an application programming interface (API) that allows hospitals or healthcare providers to integrate their own internal data with Molina’s technology platform.
It is currently active in twelve states, including Washington D.C.
Molina Healthcare (Molina) is a managed care organization that provides health care services to Medicaid and Medicare beneficiaries. It offers its members with various products, including health insurance plans, prescription drug plans, behavioral health services and vision care plans.
The company was founded by C. David Molina in 1980 as the first HMO in Los Angeles. Currently, it operates its business under two segments: managed care and behavioral health services. The former segment manages healthcare for individuals enrolled with traditional Medicaid or Medicare plan offered by state governments or private payers such as United Health Care (UHC). On the other hand, its behavioral health services segment provides mental healthcare for adults who are not eligible for any state funded programs but are covered under commercial insurance policies from Molina Healthcare or another insurer
The company has its own clinical laboratories, operates more than 80 clinics across five states, and employs over 14,000 people
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it was founded in 1980 by C. David Molina as a single clinic in Long Beach, California that served mostly Medicaid patients
Molina Healthcare is a U.S.-based managed care organization founded in 1980 by C. David Molina. The company provides health care services under the Medicaid and Medicare programs, as well as through state insurance marketplaces (also known as exchanges).
Molina Healthcare has been at the forefront of innovative approaches to providing quality care for individuals and families in need since its inception. In addition, it was one of the first providers to offer comprehensive Medicaid coverage for individuals with special health needs, including children with autism spectrum disorder (ASD) or intellectual disability (ID), seniors with behavioral health conditions such as Alzheimer’s disease or dementia; those needing substance use disorder treatment; those experiencing homelessness; low-income pregnant women; children who qualify for foster care services due to abuse/neglect; individuals with developmental disabilities such as Down syndrome or cerebral palsy
the company rose to prominence after winning contracts from the state of Washington in 1996
Molina Healthcare Inc. is a publicly traded managed care organization based in Long Beach, California. It was founded in 1980 by Cesar A. Molina and his brother Fernando Saldaña, Jr., MD. The company provides health insurance to individuals and families throughout the United States, operating as a non-profit business under the name Molina Healthcare of Arizona.
Molina Healthcare has also expanded its offerings to include behavioral health care and pharmacy services for children with autism spectrum disorders through its subsidiary company National Behavioral Health Group (NBHG).
Conclusion
The company rose to prominence after winning contracts from the state of Washington in 1996, which marked its first foray outside of California. It also expanded into Texas and Florida that year. The next wave of expansion occurred in 2001 when Molina won contracts in Ohio and Michigan.
Molina Healthcare Inc.’s growth continued at a steady pace for several years with the addition of New Mexico, Utah, and Wisconsin to its service area between 2004-2008, along with the acquisition of several other managed care organizations (MCOs) including Centene Corporation’s MCO business unit and WellCare Health Plans Inc.’s Medicaid plans business division.
In 2012, Molina acquired several MCOs in Michigan as well as WellCare Health Plans Inc.’s Medicaid plans business division. In 2014 they made another big purchase when they bought out Health Net’s Medicare Advantage assets
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