Molina Healthcare is a managed care organization that provides health insurance services primarily to individuals and families participating in government programs such as Medicaid and Medicare
The company focuses on delivering coordinated care and comprehensive health services, emphasizing preventive care management to improve patient outcomes. Molina Healthcare operates in various states across the United States, offering a range of plans tailored to meet the needs of diverse populations, including those with chronic illnesses or complex health conditions. With a commitment to community engagement and quality health care, Molina aims to ensure that its members have access to affordable health services and support.
Healthcare insurance company Molina Healthcare (NYSEMOH) announced better-than-expected revenue in Q4 CY2024, with sales up 16% year on year to $10.5 billion. The company’s full-year revenue guidance of $44 billion at the midpoint came in 1.4% above analysts’ estimates. Its GAAP profit of $4.44 per share was 19% below analysts’ consensus estimates.
Let's have a look at what is happening on the US markets in the middle of the day on Monday. Below you can find the top S&P500 gainers and losers in today's session.
Wall Street rose on Wednesday, with all major equity indices advancing as investors assessed the latest batch of corporate earnings and drew optimism from positive labor market data.
Michael Burry, the hedge fund manager renowned for predicting the 2008 financial crisis, has significantly increased his exposure to Chinese technology companies while simultaneously implementing protective measures against potential downside risks, according to regulatory filings.
Health insurers face rising costs in Medicare Advantage. Centene and Molina stay profitable by focusing on Medicaid despite high Medical Benefits Ratios.
Ten large-cap stocks outperformed last week, including Tesla, Li Auto, Molina Healthcare, Tapestry, Applovin, Booz Allen Hamilton, Digital Realty, Grab, MicroStrategy, and Philip Morris.
