Datapoint: Molina Set to Acquire My Choice Wisconsin

July 21

Molina Healthcare Inc. will acquire My Choice Wisconsin, a small Medicaid MCO based in Wauwatosa, Wis., for $150 million in cash. A July 13 press release from the insurer said that “the transaction is expected to be immediately accretive to Molina’s adjusted earnings per share” and will close later in 2022 pending regulatory review. My Choice Wisconsin’s health plan currently enrolls 28,226 fully insured Medicaid members.

Source: AIS’s Directory of Health Plans