About Molina Healthcare
Molina Healthcare is a company based in Long Beach (United States) founded in 1980.. The company has 18,000 employees as of December 31, 2024. Molina Healthcare has completed 5 acquisitions, including Affinity Health Plan, ConnectiCare and Magellan Complete Care.
- Headquarter Long Beach, United States
- Employees 18000 as on 31 Dec, 2024
- Stage Public
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Sectors
Government & Social Sector
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Molina Healthcare Inc
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Annual Revenue
$40.65 B19.31as on Dec 31, 2024
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Net Profit
$1.18 B8.07as on Dec 31, 2024
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EBITDA
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Latest Funding Round
$3.11 M (USD), Post-IPO
Sep 09, 2014
- Investors
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Employee Count
18000
as on Dec 31, 2024
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Investments & Acquisitions
Affinity Health Plan
& 4 more
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IPO & Listings of Molina Healthcare
Molina Healthcare is a publicly listed company on the NYSE with ticker symbol MOH in USA, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Leadership Team
150 people
Software Development Team
83 people
Finance and Accounting
42 people
Operations Team
32 people
Manager Team
31 people
Data Analysis and Operations Team
22 people
Legal and Compliance
19 people
Human Resources and Administration
18 people
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Funding Insights of Molina Healthcare
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $3.1M
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First Round
First Round
(10 Nov 2003)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2014 | Amount | Post-IPO - Molina Healthcare | Valuation |
investors |
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| Nov, 2003 | Amount | Grant - Molina Healthcare | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Molina Healthcare
Molina Healthcare has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Robert Wood Johnson Foundation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provides grants and funding for health equity, policy, and community health programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Molina Healthcare
Molina Healthcare has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Affinity Health Plan, ConnectiCare and Magellan Complete Care. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of a Medicaid managed care health plan
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2013 | ||||
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Managed care for Medicaid and Medicare programs is provided.
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2012 | ||||
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Health insurance plans are offered online for individuals and families.
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1987 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Molina Healthcare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Molina Healthcare Comparisons
Competitors of Molina Healthcare
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Molina Healthcare
Frequently Asked Questions about Molina Healthcare
When was Molina Healthcare founded?
Molina Healthcare was founded in 1980 and raised its 1st funding round 23 years after it was founded.
Where is Molina Healthcare located?
Molina Healthcare is headquartered in Long Beach, United States. It is registered at Long Beach, California, United States.
How many employees does Molina Healthcare have?
As of Dec 31, 2024, the latest employee count at Molina Healthcare is 18,000.
What is the annual revenue of Molina Healthcare?
Annual revenue of Molina Healthcare is $40.65B as on Dec 31, 2024.
What does Molina Healthcare do?
Molina Healthcare contracts with state governments and serves as a health plan providing a wide range of quality health care services to families and individuals. Molina also offers a Medicare product and has been selected in several states to participate in duals demonstration projects to manage the care for those eligible for both Medicaid and Medicare. Molina Healthcare owns and operates primary care clinics in California, Florida, New Mexico, Utah, Washington, and Virginia. Their medical offices provide individuals who qualify for government-sponsored programs with medical care including prenatal care and immunizations. Molina Healthcares subsidiary, Molina Medicaid Solutions (MMS), provides business processing and information technology administrative services to Medicaid agencies. In 2022, the company recorded annual revenues of 32.35B and a net profit of 0.86B.
Is Molina Healthcare publicly traded?
Yes, Molina Healthcare is publicly traded on NYSE under the ticker symbol MOH.
How many acquisitions has Molina Healthcare made?
Molina Healthcare has made 5 acquisitions, including Affinity Health Plan, ConnectiCare, and Magellan Complete Care.
Who are Molina Healthcare's investors?
Molina Healthcare has 1 investor. Key investors include Robert Wood Johnson Foundation.
What is Molina Healthcare's ticker symbol?
The ticker symbol of Molina Healthcare is MOH on NYSE.