Molina Healthcare Eyes More M&A

More mergers and acquisitions are a key part of Molina Healthcare’s future strategy, executives told investors. On an April 25 call, transcribed by Seeking Alpha, CEO Joseph Zubretsky said the company has a pipeline with “many actionable” M&A opportunities. More mergers and acquisitions are a key part of Molina Healthcare’s future strategy, executives told investors. In January, Molina Healthcare completed the acquisition of Bright Health’s Medicare Advantage business for $500 million, adding 109,000 members. Mr. Zubretsky said the company has completed eight transactions amounting to $11 billion in revenue in the past four years.

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Source: https://www.beckerspayer.com/m-and-a/molina-healthcare-eyes-more-m-a.html

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