Detail akcie Molina Health online

Business Summary: Molina Healthcare, Inc. is a provider of managed healthcare services under the medicaid and medicare programs, and through the state insurance marketplaces. The Company operates through four segments: Medicaid, Medicare, Marketplace and Other. The Medicaid, Medicare, and Marketplace segments represent the government-funded or sponsored programs under which it offers managed healthcare services. Medicaid provides healthcare and long-term services and support to low-income Americans. Medicare is a federal program that provides eligible persons aged 65 and over, and some disabled persons, with a variety of hospital, medical insurance, and prescription drug benefits. The Marketplace insurance exchanges allow individuals and small groups to purchase federally subsidized health insurance. It arranges healthcare services for its members through contracts with a network of providers, including independent physicians and physician groups, hospitals, ancillary providers, and pharmacies.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Molina Healthcare Inc revenues increased 7% to $34.07B. Net income increased 38% to $1.09B. Revenues reflect Medicaid segment increase of 7% to $27.71B, Medical Expense Ratio -%Marketplace decrease of 14% to 75.3%. Net income benefited from Impairment decrease from $208M (expense) to $0K. Basic Earnings per Share excluding Extraordinary Items increased from $13.70 to $18.91.