Molina Healthcare

Stock market information for Molina Healthcare Inc (MOH)

• Molina Healthcare Inc is an equity in the USA market.
• The price is 156.9 USD currently with a change of 1.90 USD (0.01%) from the previous close.
• The latest open price was 155.39 USD and the intraday volume is 1,307,781.
• The intraday high is 159.63 USD and the intraday low is 155.45 USD.
• The latest trade time is Friday, August 8, 20:25:00 UTC.

Molina Healthcare, Inc. is a Fortune 500 managed care organization headquartered in Long Beach, California.

Established in 1980 by Dr. C. David Molina, the company has grown to become a leading provider of health insurance services, focusing primarily on federal and state government-sponsored programs.

Molina Healthcare offers health plans under Medicaid, Medicare, and the Health Insurance Marketplace, serving millions of members across the United States.

Services and Offerings

Molina Healthcare's core services include:

• Medicaid Plans: Comprehensive healthcare coverage for low-income individuals and families, ensuring access to essential medical services.
• Medicare Plans: Health insurance solutions for individuals aged 65 and older, and those with certain disabilities, covering a wide array of healthcare needs.
• Marketplace Plans: Affordable health insurance through state and federal marketplaces, catering to individuals and families seeking coverage.

Besides these plans, Molina Healthcare operates primary care clinics in several states, providing medical services such as prenatal care and immunizations to individuals eligible for government-sponsored programs.

Financial Performance

Molina Healthcare has demonstrated strong financial results recently.

In the second quarter of 2024, the company reported total revenue of $9.88 billion, surpassing analysts' expectations of $9.77 billion.

This growth was driven by a 17% year-over-year increase in premium revenue, reaching $9.45 billion, attributed to new contract acquisitions.

Locations

Molina Healthcare operates in multiple states across the U.S., including:

• Arizona
• California
• Florida
• Georgia
• Idaho
• Illinois
• Iowa
• Kentucky
• Massachusetts
• Michigan
• Mississippi
• Nebraska
• Nevada
• New Mexico
• New York
• North Carolina
• Ohio
• South Carolina
• Texas
• Utah
• Virginia
• Washington
• Wisconsin
• Akron, OH, USA
• Sacramento, CA, USA
• West Valley City, UT, USA
• Provo, UT, USA
• Austin, TX, USA
• Louisville, KY, USA
• Seattle, WA, USA
• Santa Fe, NM, USA
• Orlando, FL, USA
• San Antonio, TX, USA
• Fresno, CA, USA
• Rockford, IL, USA
• Boise, ID, USA
• Milwaukee, WI, USA
• San Francisco, CA, USA
• Chicago, IL, USA
• Tucson, AZ, USA
• Kenosha, WI, USA
• Cleveland, OH, USA
• Lexington, KY, USA

The company's headquarters are located at 200 Oceangate, Suite 100, Long Beach, California 90802.

Molina Healthcare's commitment to providing quality healthcare services to underserved populations underscores its role as a significant player in the U.S. healthcare landscape.