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Stock Market & Financial Investment News

News Breaks
July 3, 2013
18:46 EDTMOHMolina 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.
News For MOH From The Last 14 Days
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November 12, 2014
08:58 EDTMOHManaged Care earnings risk low from King vs. Burwell, says Leerink
Leerink believes the Supreme Court decision to the King vs. Burwell case carries low earnings risk for Managed Care companies. The case to determine the legality of Exchange subsidies administered by the Federal Government carries less than 2% and 3% of earnings risk for 2014 and 2015 estimates, respectively, Leerink believes. The firm says Humana (HUM) and Cigna (CI) are currently losing money on Exchanges, and thus could benefit from any Federal Exchange membership loss. Leerink lists Aetna (AET), Centene (CNC), WellPoint (WLP) and Molina Healthcare (MOH) as being most impacted.
November 11, 2014
12:55 EDTMOHWorkarounds to likely protect insurers from Supreme Court decision, says Wedbush
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