Molina Healthcare unit to assume Medicaid contract in New Mexico Molina Healthcare announced that its subsidiary, Molina Healthcare of New Mexico, has entered into a definitive agreement to assume Lovelace Community Health Planís contract for the New Mexico Medicaid Salud! Program. Subject to the satisfaction of customary closing conditions, the company anticipates completing the transaction on August 1.
Molina Healthcare weakness creates buying opportunity, says Sterne Agee After Molina cut its guidance, Sterne Agee thinks the reduction was due primarily to one-time issues. The firm expects the issues to be resolved.