LONG BEACH, Calif.--(BUSINESS WIRE)--Sept. 29, 2004--Molina Healthcare, Inc. (NYSE:MOH) today announced that it has appointed Joann Zarza-Garrido as chief executive officer of Molina Healthcare of California.
As chief executive officer of Molina Healthcare of California, Zarza-Garrido will be responsible for the overall strategic direction and operations of the health plan. Zarza-Garrido, who has served as interim chief executive officer of Molina Healthcare of California since March 2004, will report to J. Mario Molina, M.D., Chairman of the Board of Directors of Molina Healthcare of California. Dr. Molina also serves as chief executive officer and Chairman of Molina Healthcare, Inc., the parent company of Molina Healthcare of California.
"California is an important and dynamic market for Molina Healthcare, and we are delighted that Joann, with her depth of experience and knowledge in this market, has agreed to lead our effort there," said Dr. Molina.
Zarza-Garrido has over 25 years of experience in the healthcare industry, including extensive experience in physician and multi-specialty clinic administration in California. She joined Molina Healthcare in 1992 and has served as director of Staff Model Administration, compliance officer for Molina Healthcare of California and chief compliance officer of Molina Healthcare, Inc.
Zarza-Garrido is a member of the California Department of Health Services CEO Advisory Committee and works collaboratively with the State to create new initiatives and promote positive health outcomes. She is also a member of the Healthcare Compliance Association, Industry Collaboration Efforts and the California Department of Health Services Advisory Committee. Zarza-Garrido holds a B.S. degree in Business Administration from the University of Phoenix in Costa Mesa, California. About Molina Healthcare Molina Healthcare, Inc. is a rapidly growing, multi-state managed care organization that arranges for the delivery of healthcare services to persons eligible for Medicaid and other programs for low-income families and individuals. The Company currently operates health plans in California, Washington, Michigan, Utah and New Mexico. More information on Molina Healthcare, Inc. and its subsidiary, Molina Healthcare of California, can be obtained at www.molinahealthcare.com.
The Company, from time to time, may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking statements are predictions by the Company's management and are subject to various risks and uncertainties that may cause results to differ from management's current expectations. Such factors include the Company's third-party contracts, the Company's ability to accurately predict and effectively manage health benefits and other operating expenses, competition, changes in healthcare practices, changes in federal or state laws or regulations or the interpretation thereof, reduction in provider payments by governmental payors, disasters, numerous other factors affecting the delivery and cost of healthcare and other risks as detailed from time-to-time in the Company's reports and filings with the Securities and Exchange Commission. All forward-looking statements, if any, in this release represent the Company's judgment as of the date of this release. The Company disclaims, however, any intent or obligation to update forward-looking statements.
CONTACT: Molina Healthcare, Inc.
J. Mario Molina, MD, 562-435-3666
www.molinahealthcare.com
SOURCE: Molina Healthcare, Inc.