Name | Value |
---|---|
Revenues | 8,327.0M |
Cost of Revenue | 7,207.0M |
Gross Profit | 1,120.0M |
Operating Expense | 677.0M |
Operating I/L | 443.0M |
Other Income/Expense | -27.0M |
Interest Income | 0.0M |
Pretax | 416.0M |
Income Tax Expense | 107.0M |
Net Income/Loss | 309.0M |
Molina Healthcare, Inc. is a provider of managed health care services, catering to low-income families and individuals through Medicaid, Medicare, and state insurance marketplaces. The company operates in four segments, including Medicaid, Medicare, Marketplace, and Other, serving approximately 5.2 million members across 18 states. Its revenue is generated through offering managed care plans and services to eligible members under government-sponsored healthcare programs, such as Medicaid and Medicare.