Datapoint: Molina Plans for More M&A

May 1

Molina executives on an April 25 call to discuss first-quarter earnings revealed the company will continue to look for new merger and acquisition opportunities throughout the year. In 2023, Molina acquired Wisconsin Medicaid insurer My Choice Wisconsin, and picked up its first Medicare Advantage assets with its purchase of Bright Health’s MA business. The insurer currently ranks fourth in national managed Medicaid enrollment, serving 3,864,750 members. An additional 283,114 members are enrolled in MA products.

Source: AIS’s Directory of Health Plans