Molina Healthcare (MOH) info

Molina tending was based in 1980 by C. David Molina, associate degree ER Dr. in metropolis, CA. He had seen associate degree flow of patients mistreatment the ER for common sicknesses like a raw throat or the respiratory illness as a result of they were being turned away by doctors United Nations agency wouldn't settle for Medi-Cal. As a results of his ER work, Dr. Molina established his 1st medical care clinic with the goal of treating the lowest-income patients, notwithstanding their ability to pay.

 The company is currently travel by Dr. Molina’s son, J. Mario Molina, MD, United Nations agency is additionally a Dr.. he's this president and CEO of the corporate. John Molina, Mario’s younger brother, is that the current business executive of Molina tending. the 2 took over the Molina’s operations once their father died in 1996 and continuing to expand the corporate. consistent with SEC filings, in 2013 Dr. Mario Molina received total compensation of $11,903,124 and John Molina received $6,362,104. Altogether the highest 5 executives at Molina tending - J. Mario Molina, John C. Molina, Terry P. Bayer, Joseph W. White and Jeff D. Barlow - were paid a complete of $26,425,047. C. David Molina’s girl Martha Bernadett, MD is additionally an area of Molina tending. Since receiving 2 parliamentarian Wood Johnson Foundation awards in 2002, Dr. Bernadett has served because the government vice chairman of analysis and Innovation at Molina tending. She based the Molina Institute for Cultural ability, Book Buddies and also the Molina Foundation, a non-profit organization to market access to education and health care to scale back disparities Expansion of Health Plans[edit] 1997: Molina tending acquires HealthReach Family Health Care and entered the states of Mormon State and Michigan. 2000: Molina tending enters the state of Washington. 2004: Molina tending enters the state of latest North American country. 2005: Molina tending became a health arrange in Ohio. 2006: Molina tending enters the state of Lone-Star State. 2007: Molina tending enters Missouri. 2008: Molina tending enters American state. 2010: Molina tending enters Wisconsin. 2012: Molina tending enters Illinois. 2013: Molina tending enters South Carolina by effort assets from Community Health Solutions. 2013: Molina tending acquires NM poet health care Contract. 2014: Molina tending acquires American state health care Assets from 1st Coast Advantage. 2015: Molina tending enters Chicago market effort MyCare Chicago's health care Assets. 2015: Molina tending enters Puerto anti-racketeering law. 2015: Molina tending of Washington is that the 1st health care company in American state to hide 'Virtual imperative Care' services. 2015: Molina tending acquires health care assets of Integral Health arrange, Inc. in Florida. 2015: Molina tending acquires Providence Human Services and Community Services. 2015: Molina tending adds on-line access to behavioural health. 2015: Molina tending acquires HealthPlus MIChild and health care programs of Michigan. 2015: Molina tending acquires assets of saint Dr. Partners' health care Program of Illinois. As of 2015, Molina tending entered into associate degree agreement to accumulate some assets of the health care and MIChild businesses of HealthPlus of Michigan and its subsidiary - HealthPlus Partners, Inc. in an exceedingly similar deal, Molina tending of American state, Inc., that could be a completely owned subsidiary of the corporate, inked a deal to accumulate some assets of most well-liked Medical arrange, Inc.'s Floridian health care business in 2015. to boot, the signed associate degree agreement with MyCare Chicago to buy some health care business assets. In 2015, Molina tending noninheritable Providence Human Services (PHS) and Providence Community Services in an exceedingly $200 million deal to expand their coverage into the behavioural and mental state services. In 2015, PHS underwent a rebranding to become Pathways. As of Gregorian calendar month thirty, 2015, Molina tending had over three.5 million members in its health plans. The health plans area unit operated by the various subsidiaries in its states, every of that could be a licenced HMO. Going Public