Molina Healthcare is a Fortune 500 managed care company based in the United States. It was founded in 1980 by Dr. C.

David Molina, a physician in Long Beach, California. The company's headquarters is located in Long Beach, California. Molina Healthcare offers a range of healthcare products and services primarily to individuals and families who receive government assistance.

They provide health plans under Medicaid, Medicare, and the Health Insurance Marketplace. Their goal is to provide affordable, quality healthcare to underserved populations. On a global scale, Molina Healthcare primarily operates in the United States.

They have a presence in several states, including California, Florida, Texas, and New York. The company has established various subsidiaries and partnerships to expand its reach and enhance its services. One notable subsidiary is Molina Medicaid Solutions, which offers technology solutions for Medicaid programs.

Molina Healthcare has gained a significant market position in the managed care industry. As of 2021, the company reported annual revenues of over $18 billion. They are known for their focus on serving low-income individuals and families, positioning themselves as a leader in this segment.

Despite competition from other managed care companies, Molina Healthcare has managed to maintain a strong market presence. In terms of major events and achievements, Molina Healthcare expanded its operations through acquisitions. In 2018, they acquired Magellan Complete Care, a behavioral health company, for $820 million.

This acquisition allowed Molina Healthcare to enter the Florida market and expand its services. Currently, Molina Healthcare continues to grow and adapt to changes in the healthcare industry. They have been actively working on improving access to care and promoting population health management.

As of the latest updates, the company remains committed to its mission of providing quality healthcare to vulnerable populations and improving the overall health outcomes of its members. In conclusion, Molina Healthcare is a well-established managed care company based in the United States. With a focus on serving low-income individuals and families, the company offers Medicaid, Medicare, and Marketplace health plans.

Molina Healthcare has a strong market position and has expanded its operations through acquisitions. They continue to adapt and grow, remaining committed to their mission of providing quality healthcare to underserved populations