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Prepared By R.R. Donnelley Financial -- Form 8-K
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 8-K
 
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  05/30/2006
 
MOLINA HEALTHCARE, INC.
(Exact name of registrant as specified in its charter)
 
Commission File Number:  001-31719
 
DE
  
134204626
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
One Golden Shore Drive
Long Beach, CA 90802-4202
(Address of principal executive offices, including zip code)
 
562 435 3666
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

Information to be included in the report

 
Item 7.01.    Regulation FD Disclosure
 
On May 30, 2006, Molina Healthcare, Inc. issued a press release announcing that the California Department of Health Services has issued notices of intent to award the Medi-Cal contracts for San Bernardino and Riverside counties to Molina Healthcare of California. A copy of the press release is attached as Exhibit 99.1 to this report.

Note: The information contained in this Item 7.01 and the accompanying Exhibit 99.1 shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any filing under the Exchange Act or Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

 
 
Item 9.01.    Financial Statements and Exhibits
 
(d) Exhibits

99.1 Molina Healthcare, Inc. press release dated May 30, 2006.

 

 

Signature(s)
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
      
 
MOLINA HEALTHCARE, INC.
 
 
Date: May 30, 2006
     
By:
 
/s/    Mark L. Andrews
               
Mark L. Andrews
               
Chief Legal Officer, Corporate Secretary
 
 

 

Exhibit Index
 
Exhibit No.
  
Description
EX-99.1
  
Molina Healthcare, Inc. press release dated May 30, 2006.
News Release

News Release

Contact:

Juan José Orellana

Investor Relations

562-435-3666

 

MOLINA HEALTHCARE OF CALIFORNIA RECEIVES NOTICES

OF INTENT TO AWARD INLAND EMPIRE MEDI-CAL CONTRACTS

Long Beach, California (May 30, 2006) -- Molina Healthcare, Inc. (NYSE:MOH) today announced that the California Department of Health Services (DHS) has issued notices of intent to award the Medi-Cal contracts for both San Bernardino and Riverside Counties to Molina Healthcare of California. The DHS notices follow the re-scoring of the local provider networks of both Molina Healthcare of California and Blue Cross of California as ordered by a DHS hearing officer in October of last year.

Molina Healthcare of California will now participate with DHS in the execution of the final terms and conditions of the contracts for award. The contract term for each county will commence on April 1, 2007, following the expiration of the current Inland Empire Medi-Cal contract between Molina Healthcare of California and DHS. The DHS notices of intent to award remain subject to appeal, with an appeal deadline of June 5, 2006.

Commenting on the notices, J. Mario Molina, M.D., president and chief executive officer of Molina Healthcare, Inc., said, "We are extremely pleased with this most recent action by DHS. For over 10 years, Molina has served well the Medi-Cal population of San Bernardino and Riverside Counties. We look forward to building on our relationships with our providers and on our partnership with DHS as we continue to meet the needs of our Medi-Cal members in the future."

About Molina Healthcare, Inc.

Molina Healthcare, Inc. is a 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. Molina Healthcare, Inc. currently operates health plans in California, Indiana, Michigan, New Mexico, Ohio, Utah, and Washington. More information about Molina Healthcare, Inc. and its subsidiary, Molina Healthcare of California, can be viewed at www.molinahealthcare.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release contains "forward-looking statements." All of the Company's forward-looking statements are subject to risk factors that could cause actual results to differ materially. Such factors include risks related to: the successful appeal of DHS' notices of intent to award; the finalization and execution of Medi-Cal contracts for each of San Bernardino and Riverside Counties; and other risks and uncertainties as detailed in Molina Healthcare's reports and filings with the Securities and Exchange Commission and available for viewing at www.sec.gov.