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Molina Healthcare Announces the Closing of its Acquisition of ConnectiCare

1. Molina Healthcare completed its acquisition of ConnectiCare on February 1, 2025. 2. ConnectiCare serves around 140,000 members in Marketplace and Medicare programs. 3. Acquisition strengthens Molina's position in healthcare managed services. 4. This move may lead to increased revenue and market share for Molina. 5. Molina is enhancing its offerings in the Medicaid and Medicare sectors.

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FAQ

Why Bullish?

The acquisition can lead to growth and enhanced revenues, similar to Molina's past deals which bolstered performance. Past acquisitions often resulted in positive stock performance for companies in similar sectors.

How important is it?

The acquisition's impact on Molina's membership and market expansion is likely significant. Historical significance of similar deals indicates major importance for investor interest and stock price.

Why Long Term?

The effects of acquisitions typically unfold over time, impacting long-term growth. Historical patterns show that strategic acquisitions have provided sustained benefits beyond initial financial adjustments.

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Molina Healthcare Announces the Closing of its Acquisition of ConnectiCare

LONG BEACH, Calif.--( )--Molina Healthcare, Inc. (NYSE: MOH) today announced that its acquisition of ConnectiCare Holding Company, Inc. (“ConnectiCare”) closed effective as of February 1, 2025. At closing, ConnectiCare served approximately 140,000 members across Marketplace, Medicare, and certain commercial products.

About Molina Healthcare

Molina Healthcare, Inc., a FORTUNE 500 company, provides managed healthcare services under the Medicaid and Medicare programs and through the state insurance marketplaces. For more information about Molina Healthcare, please visit MolinaHealthcare.com.

Contacts

Investor Contact: Jeffrey Geyer, Jeffrey.Geyer@molinahealthcare.com, 305-317-3012
Media Contact: Caroline Zubieta, Caroline.Zubieta@molinahealthcare.com, 562-951-1588

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