The deal adds $1.4 billion in annual premiums to Molina’s topline and 140,000 additional Medicare, Affordable Care Act marketplace and commercial members to the insurer’s rolls.
Molina plans to curb medical spending in ConnectiCare’s marketplace and Medicare plans while lowering its operational costs to increase the business’ profitability, Zebretsky said. Once that ...
Molina Healthcare said Monday it closed its purchase of ConnectiCare. The deal adds 140,000 Medicare, exchange and commercial enrollees to Molina’s portfolio, Molina said in a news release.
At closing, ConnectiCare served approximately 140,000 members across Marketplace, Medicare, and certain commercial products. About Molina Healthcare Molina Healthcare, Inc., a FORTUNE 500 company ...
Molina Healthcare, Inc (MOH), a California-based managed health care company Monday announced that it completed the acquisition of ...
At the time of the closing, ConnectiCare provided services to about 140,000 members across Marketplace, Medicare, and specific commercial products. Monday MOH closed at $325.36 or 4.82% higher on ...
The Connecticut Insurance Department held a public hearing on Molina Healthcare's intent to buy ConnectiCare ... in administering both Medicaid and Medicare plans," reads the testimony signed ...
We recently published a list of Michael Burry Stock Portfolio: Top 8 Stock Picks. In this article, we are going to take a ...
At the time of the sale, ConnectiCare had around 140,000 members in individual, Medicare and some commercial products, according to the release. Molina has acquired several other insurers in recent ...
Check out who's buying and selling in this week's roundup of healthcare mergers, acquisitions and joint ventures.