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Molina Healthcare Completes Acquisition of Certain Assets of YourCare Health Plan

Jul 01, 2020

LONG BEACH, Calif.--(BUSINESS WIRE)--Jul. 1, 2020-- Molina Healthcare, Inc. (NYSE: MOH) today announced that it has completed its acquisition of certain assets of YourCare Health Plan, Inc., a not-for-profit subsidiary of Monroe Plan for Medical Care.

As a part of the transaction, Molina assumed the right to serve approximately 47,000 Medicaid members in seven counties in the Western New York and Finger Lakes regions. Monroe and its affiliate MP CareSolutions will provide certain post-closing management and administrative services related to member care and provider relations.

About Molina Healthcare

Molina Healthcare, Inc., a FORTUNE 500 company, provides managed health care services under the Medicaid and Medicare programs and through the state insurance marketplaces. Through its locally operated health plans, Molina Healthcare served approximately 3.4 million members as of March 31, 2020. For more information about Molina Healthcare, please visit molinahealthcare.com.

Investor Contact: Julie Trudell, 562-912-6720
Media Contact: Caroline Zubieta, 562-951-1588

Source: Molina Healthcare, Inc.

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