Molina Healthcare: Providing Affordable Healthcare to Low-Income Families
Who is Molina Healthcare?
Molina Healthcare, Inc. (MOH) is a Fortune 500 company that provides managed healthcare services to low-income families and individuals under Medicaid, Medicare, and other government-sponsored programs.
Key Stats
- Founded in 1980
- Serves over 5 million members in 19 states
- Generated over $21 billion in revenue in 2022
Services Offered
Molina Healthcare offers a wide range of healthcare services, including:
- Primary care
- Specialty care
- Behavioral health
- Dental care
- Vision care
- Pharmacy benefits
Mission and Values
Molina Healthcare's mission is to provide quality healthcare to underserved communities. The company's values include:
- Compassion
- Integrity
- Respect
- Innovation
- Collaboration
Financial Performance
Molina Healthcare has experienced strong financial performance in recent years. The company's revenue has grown steadily, and its net income has increased significantly.
In 2022, Molina Healthcare reported:
- Revenue of over $21 billion
- Net income of $2.9 billion
- Earnings per share of $14.23
Recent News
In January 2023, Molina Healthcare announced that it had acquired Family Health Centers of San Diego. This acquisition will expand Molina Healthcare's reach in California and provide additional healthcare services to underserved communities.
In March 2023, Molina Healthcare was recognized by the Human Rights Campaign for its commitment to LGBTQ+ equality.
Conclusion
Molina Healthcare is a leading provider of managed healthcare services to low-income families and individuals. The company's mission is to provide quality healthcare to underserved communities, and its values include compassion, integrity, respect, innovation, and collaboration.
Molina Healthcare has experienced strong financial performance in recent years, and the company continues to expand its reach through acquisitions and partnerships. The company is committed to providing quality healthcare to all of its members, regardless of their income or background.
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