Search This Blog

Wednesday, October 16, 2019

Molina expands footprint in NY with asset purchase

Molina Healthcare (NYSE:MOH) has agreed to acquire certain assets of Monroe Plan for Medical Care subsidiary YourCare Health Plan, Inc. for ~$40M in cash. The company will pick up 46K Medicaid members in seven counties in the Western New York and Finger Lakes regions as a result.
The transaction should close in Q1 2020.
https://seekingalpha.com/news/3506077-molina-expands-footprint-ny-asset-purchase

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.