In July, Molina announced its plan to pay $350 million in cash to acquire ConnectiCare from EmblemHealth, a nonprofit insurer ...

Molina has closed its $350 million acquisition of ConnectiCare, the health insurer announced Tuesday. The deal adds $1.4 billion in annual premiums to Molina’s topline and 140,000 additional ...

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 New York Stock Exchange.

Molina was attracted to ConnectiCare due to the plan’s stable revenue and opportunity to improve margins, according to the CEO. Molina plans to curb medical spending in ConnectiCare’s ...

LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) today announced that its acquisition of ConnectiCare Holding Company, Inc. (“ConnectiCare”) closed effective as of ...

LONG BEACH, Calif., February 03, 2025--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) today announced that its acquisition of ConnectiCare Holding Company, Inc ...

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to purchase ConnectiCare in CT and thus enroll health consumers on the CT Health Insurance Exchange, AHCT, given its poor track record throughout the country in administering both Medicaid and ...

The acquisition represents a strategic fit by adding an established government sponsored health plan and a new state to its portfolio. Susan Morse, Executive Editor Healthcare lease accounting ...

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