Molina Healthcare Wins Michigan Medicaid Contract
Molina Healthcare Inc (MOH)
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Source: Business Wire
LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that the Michigan Department of Health and Human Services (MDHHS) intends to award a Comprehensive Health Care Program contract to Molina’s health plan subsidiary, Molina Healthcare of Michigan. Molina confirmed it was awarded the contract in six service regions.The go-live date for Molina Healthcare of Michigan’s new Medicaid contract is expected to be October 1, 2024. The next contract is expected to have a duration of five years, with three, one-year optional extensions. Molina Healthcare of Michigan will be one of nine health plans offering health care coverage to Michigan’s nearly 2 million total Medicaid beneficiaries.About Molina HealthcareMolina Healthcare, Inc., a FORTUNE 500 company, provides managed healthcare services under the Medicaid and Medicare programs and through the state insurance marketplaces. For more information about Molina Healthcare, pleas
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News
- Molina Healthcare, Inc. (NYSE: MOH) had its price target lowered by analysts at Wells Fargo & Company from $410.00 to $375.00. They now have an "equal weight" rating on the stock.MarketBeat
- Molina Healthcare, Inc. Just Recorded A 5.3% Revenue Beat: Here's What Analysts Think [Yahoo! Finance]Yahoo! Finance
- Molina Healthcare (MOH) Q1 Earnings Beat on Growing Membership [Yahoo! Finance]Yahoo! Finance
- Molina Healthcare, Inc. (NYSE: MOH) had its price target lowered by analysts at Barclays PLC from $437.00 to $430.00. They now have an "equal weight" rating on the stock.MarketBeat
- Molina Healthcare, Inc. (NYSE: MOH) had its "equal weight" rating re-affirmed by analysts at Stephens. They now have a $390.00 price target on the stock.MarketBeat
MOH
Earnings
- 4/24/24 - Beat
MOH
Sec Filings
- 4/25/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/11/24 - Form 8-K
- MOH's page on the SEC website