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Molina Healthcare company logo
Corporation
HEALTHCARE | Medical Facilities & Services
molinahealthcare.com

Investments

11

Portfolio Exits

2

Funds

1

Partners & Customers

10

About Molina Healthcare

Molina Healthcare specializes in government-sponsored health care programs within the healthcare industry. The company contracts with state governments to provide a range of health care services to families and individuals who qualify for government-sponsored health care. Molina Healthcare operates health plans across multiple states, offering coverage and services to Medicaid and Medicare eligible individuals. It was founded in 1980 and is based in Long Beach, California.

Headquarters Location

200 Oceangate Suite 100

Long Beach, California, 90802,

United States

562-435-3666

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Expert Collections containing Molina Healthcare

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Molina Healthcare in 1 Expert Collection, including Fortune 500 Investor list.

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

Latest Molina Healthcare News

Thomas L. Tran, Former Chief Financial Officer of Molina Healthcare, Joins Clover Health’s Board of Directors

Aug 22, 2024

Clover Health Investments, Corp. FRANKLIN, Tenn., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Clover Health Investments, Corp. (NASDAQ: CLOV) (“Clover,” “Clover Health” or the “Company”), a physician enablement technology company committed to bringing access to great healthcare to everyone on Medicare, today announced it has appointed Thomas L. Tran to the Company’s Board of Directors (the "Board"), and as a member of the Audit Committee. “Tom Tran’s appointment to our Board marks a significant enhancement to our strategic financial planning and execution capabilities. With his impressive track record at the helm of finance at public managed care organizations, Tom is uniquely qualified to help guide Clover Health as we advance our mission of empowering physicians and improving health outcomes through innovative technology,” said Andrew Toy, Chief Executive Officer of Clover Health. Mr. Tran has over 35 years of financial leadership experience in the healthcare industry and has previously held leadership roles at various prominent managed care companies. Most recently, from February 2022 to June 2023, Mr. Tran served as chief financial officer and as a director of Upstream Care, a value-based physician enablement innovator focused on the Medicare population. From June 2018 to May 2021, he served as chief financial officer of Molina Healthcare, Inc. Mr. Tran earned his Bachelor’s degree from Seton Hall University and his Master of Business Administration degree from New York University. “Having dedicated my career to improving healthcare through better financial and operational strategies, I find Clover Health's mission very compelling. I believe Clover’s innovative use of technology to drive better health outcomes represents the future of Medicare. I am excited to join the Board and help shape this vision, ensuring Clover continues to lead in value-based care,” said Mr. Tran. About Clover Health: Clover Health (Nasdaq: CLOV) is a physician enablement technology company committed to bringing access to great healthcare to everyone on Medicare. This includes a health equity-based focus on seniors who have historically lacked access to affordable, high-quality healthcare. Our strategy is powered by our software platform, Clover Assistant, which is designed to aggregate patient data from across the healthcare ecosystem to support clinical decision-making and improve health outcomes through the early identification and management of chronic disease. For our members, we provide PPO and HMO Medicare Advantage plans in several states, with a differentiated focus on our flagship wide-network, high-choice PPO plans. For healthcare providers outside Clover Health's Medicare Advantage plan, we aim to extend the benefits of our data-driven technology platform to a wider audience via our subsidiary, Counterpart Health, and to enable enhanced patient outcomes and reduced healthcare costs on a nationwide scale. Clover Health has published data demonstrating the technology’s impact on Medication Adherence , as well as the earlier identification and management of Diabetes and Chronic Kidney Disease . Press Contact:

Molina Healthcare Investments

11 Investments

Molina Healthcare has made 11 investments. Their latest investment was in Council for the Homeless as part of their Grant on November 26, 2019.

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Molina Healthcare Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/26/2019

Grant

Council for the Homeless

Yes

1

11/26/2019

Grant

Friends in Service to Humanity

Yes

1

11/26/2019

Grant

Neighborcare Health

Yes

1

11/26/2019

Grant

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10

11/26/2019

Grant

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10

Date

11/26/2019

11/26/2019

11/26/2019

11/26/2019

11/26/2019

Round

Grant

Grant

Grant

Grant

Grant

Company

Council for the Homeless

Friends in Service to Humanity

Neighborcare Health

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Amount

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

1

1

10

10

Molina Healthcare Portfolio Exits

2 Portfolio Exits

Molina Healthcare has 2 portfolio exits. Their latest portfolio exit was Molina Medicaid Solutions on November 02, 2018.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

11/2/2018

Divestiture

Molina Medicaid Solutions

$XXM

1

8/17/2018

Divestiture

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$XXM

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10

Date

11/2/2018

8/17/2018

Exit

Divestiture

Divestiture

Companies

Molina Medicaid Solutions

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Valuation

$XXM

$XXM

Acquirer

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Sources

1

10

Molina Healthcare Acquisitions

19 Acquisitions

Molina Healthcare acquired 19 companies. Their latest acquisition was ConnectiCare on July 23, 2024.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/23/2024

Other Venture Capital

$XXM

$15M

Acquired - II

3

6/30/2023

$XXM

Acquired Unit

4

6/30/2023

$XXM

Acquired - II

1

6/30/2023

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$XXM

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10

6/30/2023

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$XXM

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10

Date

7/23/2024

6/30/2023

6/30/2023

6/30/2023

6/30/2023

Investment Stage

Other Venture Capital

Companies

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Valuation

$XXM

$XXM

$XXM

$XXM

$XXM

Total Funding

$15M

Note

Acquired - II

Acquired Unit

Acquired - II

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Sources

3

4

1

10

10

Molina Healthcare Fund History

1 Fund History

Molina Healthcare has 1 fund, including Molina Community Innovation Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

Molina Community Innovation Fund

1

Closing Date

Fund

Molina Community Innovation Fund

Fund Type

Status

Amount

Sources

1

Molina Healthcare Partners & Customers

10 Partners and customers

Molina Healthcare has 10 strategic partners and customers. Molina Healthcare recently partnered with BeMe on August 8, 2024.

Date

Type

Business Partner

Country

News Snippet

Sources

8/8/2024

Partner

United States

1

7/19/2024

Client

United States

Molina Healthcare secures New Florida Medicaid contract

Molina Healthcare on Friday said that the Florida Agency for Healthcare Administration has awarded a new Medicaid managed care contract to Molina Healthcare of Florida .

1

8/14/2023

Vendor

United States

Mae, Molina Healthcare of Virginia partner to support black expectant mothers

This past April , the company announced a partnership with Aetna Better Health of Maryland , a CVS Health company , to collaborate on a pilot program to reduce health disparities for Black expectant mothers by providing culturally competent doula support through Mae Health 's platform .

1

4/26/2023

Partner

, and United States

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10

11/1/2022

Partner

United States

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10

Date

8/8/2024

7/19/2024

8/14/2023

4/26/2023

11/1/2022

Type

Partner

Client

Vendor

Partner

Partner

Business Partner

Country

United States

United States

United States

, and United States

United States

News Snippet

Molina Healthcare secures New Florida Medicaid contract

Molina Healthcare on Friday said that the Florida Agency for Healthcare Administration has awarded a new Medicaid managed care contract to Molina Healthcare of Florida .

Mae, Molina Healthcare of Virginia partner to support black expectant mothers

This past April , the company announced a partnership with Aetna Better Health of Maryland , a CVS Health company , to collaborate on a pilot program to reduce health disparities for Black expectant mothers by providing culturally competent doula support through Mae Health 's platform .

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Sources

1

1

1

10

10

Compare Molina Healthcare to Competitors

B
Blue Cross Blue Shield

Blue Cross Blue Shield is a national federation of independent, community-based and locally operated companies focused on providing health care coverage. The company offers a range of health insurance products and services designed to ensure access to safe, quality, and affordable healthcare. Blue Cross Blue Shield also provides insights and reports on healthcare trends and maintains a comprehensive provider network. It was founded in 1929 and is based in Chicago, Illinois.

U
UnitedHealthcare

UnitedHealthcare focuses on providing health insurance plans. The company offers a variety of health insurance plans including individual and family plans, Medicare, Medicaid, and supplemental plans such as dental and vision, all to cover medical costs. UnitedHealthcare primarily serves individuals, families, and employers across various sectors. UnitedHealthcare was formerly known as Bind. It was founded in 1974 and is based in Hopkins, Minnesota.

H
Health Care Service Corporation

Health Care Service Corporation focuses on providing health insurance and driving healthcare innovations in the insurance industry. The company offers access to quality, cost-effective care and health management solutions for millions of members. It primarily serves the health insurance sector with a portfolio of health plans and related services. It was founded in 1929 and is based in Chicago, Illinois.

T
Tufts Health Plan

Tufts Health Plan is a company that focuses on providing health care coverage in the health insurance industry. The company offers a range of health plans including employer-sponsored plans, Health Connector plans, Medicaid plans, and Medicare plans, designed to meet the diverse needs of individuals, families, and employers. The company primarily serves the healthcare industry. It was founded in 1979 and is based in Watertown, Massachusetts.

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Carelon

Carelon is a healthcare services company focused on delivering whole-person care across various domains within the healthcare industry. The company offers integrated care models, digital tools, and services that address physical, mental, social, and economic health factors, aiming to simplify healthcare experiences, improve outcomes, and manage costs. Carelon's solutions are designed to support individuals with complex health conditions, provide behavioral health management, and facilitate primary and palliative care, alongside pharmacy services and medical benefits management. It was founded in 2017 and is based in Morristown, New Jersey.

G
GEHA

GEHA is a benefits provider operating in the healthcare sector. The company offers medical and dental plans, primarily catering to federal employees, retirees, and their dependents, as well as military retirees. The plans help to support the health and wellness of its members. It was founded in 1937 and is based in Kansas City, Missouri.

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