Molina Healthcare, Inc.
Company Overview
Molina Healthcare, Inc. is a Fortune 500 managed care organization that provides health insurance to individuals through government programs such as Medicaid and Medicare. The company focuses on providing healthcare services to economically disadvantaged individuals and families, operating health plans in multiple states across the United States.
The company primarily generates revenue through monthly premiums paid by state Medicaid agencies and the federal government for Medicare and Marketplace members. They also earn revenue from state contracts for managing long-term care services.
Use of Interest
Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
---|---|---|---|---|---|---|
Sept. 30, 2024 | $10.34b | $9.9b | - | $29.0m | 0.00% | 0.29% |
June 30, 2024 | $9.88b | $9.47b | - | $28.0m | 0.00% | 0.30% |
March 31, 2024 | $9.93b | $9.53b | - | $27.0m | 0.00% | 0.28% |
Company Impact
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