Welcome to our dedicated page for Molina Hlthcare news (Ticker: MOH), a resource for investors and traders seeking the latest updates and insights on Molina Hlthcare stock.
Molina Healthcare Inc. (MOH) delivers managed care solutions for government-sponsored health programs, serving millions through Medicaid, Medicare, and Marketplace plans. This page provides investors and stakeholders with essential updates on operational developments, regulatory compliance, and strategic initiatives shaping this Fortune 500 company's trajectory.
Access timely press releases detailing earnings results, state contract awards, and care delivery innovations. Our repository includes updates on Medicaid expansion efforts, Medicare Advantage plan adjustments, and participation in dual-eligible demonstration projects across 12 states and Puerto Rico.
Key content categories include quarterly financial disclosures, partnership announcements with state agencies, service area expansions, and clinical quality improvement initiatives. All materials are sourced directly from official company communications to ensure reliability.
Bookmark this page for streamlined monitoring of MOH's performance in the $800B+ government healthcare market. Check regularly for updates impacting the company's position in managed care networks and state procurement cycles.
Molina Healthcare reported strong first quarter 2023 results with GAAP earnings per diluted share reaching $5.52, a 26% increase year-over-year. Adjusted earnings were $5.81, up 19% from Q1 2022. Premium revenue stood at $7.9 billion, reflecting a 5% growth compared to the previous year. The company increased its full-year adjusted earnings guidance to at least $20.25 per diluted share, up from $19.75. Molina served approximately 5.3 million members, marking a 4% increase year-over-year. The medical care ratio remained stable at 87.1%. Operating cash flow saw a substantial rise to $916 million, compared to $363 million in Q1 2022. The firm emphasizes strong financial performance and ongoing growth in state contracts.
Molina Healthcare (NYSE: MOH) is set to release its earnings for the first quarter ending
Molina Healthcare (NYSE: MOH) has received a recommendation from the Indiana Department of Administration to begin contract negotiations for its Indiana health plan. If finalized, Molina will provide risk-based managed care long-term services and supports as part of the Indiana Pathways for Aging LTSS program, serving approximately 100,000 Medicaid LTSS beneficiaries. The proposed contract has a four-year term, with options for two additional one-year renewals. Molina Healthcare currently serves about 5.3 million members as of December 31, 2022.
Molina Healthcare, Inc. (NYSE: MOH) reported strong fourth quarter and full year 2022 results, with premium revenue reaching $30.9 billion, a 15% increase year-over-year. Fourth quarter GAAP earnings per diluted share were $0.96, while adjusted EPS stood at $4.10. The company announced full year 2023 guidance, expecting premium revenue of $32 billion and adjusted EPS of at least $19.75. Key metrics like the Medical Care Ratio (MCR) were stable, with an annual MCR of 88.0%. However, GAAP earnings were impacted by a $159 million impairment charge due to reduced real estate footprint. Molina aims for continued growth driven by new Medicaid contracts and operational efficiencies.
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