Molina Healthcare's purchase price of Bright Health Group's Medicare Advantage business has dropped from $600 million to $500 million. This will make it increasingly difficult for Bright Health to pay off its debts, one expert said.
BeMe Health, a digital mental health company for teens, is teaming up with Inland Empire Health Plan and Molina Healthcare of California to bring BeMe's platform to 10 local educational agencies. The partnership will support more than 72,000 teens.
Molina will acquire Passport Health Plan’s Medicaid and dual-eligible business for $20 million. The Kentucky-based company is a long-standing provider of Medicaid managed care plans, but lost a bid with the state earlier this year.
The California Department of Health Care Services (DHCS) has recently issued a policy sketching out how the state’s Medicaid plans can safely use the text messaging technology to connect with members.
A report in Reuters cited unnamed sources who said that two hedge funds with ownership stakes in Centene - Corvex Management LP and Sachem Head Capital Management - are looking to possibly oppose the Wellcare acquisition in favor of a deal with a larger player like Humana.
In addition to free primary care visits for some plans, Molina Healthcare is offering free visits to specialists in seven states., according to the National Public Radio story.
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.
One of Michigan’s largest HMOs has joined the Michigan Health Information Network to share its data. Molina Healthcare of Michigan, a subsidiary of California-based Molina Healthcare, said it will join the network with its 244,000 statewide members in what is the first information sharing effort for Molina in Michigan. Data will include admissions, discharges and transfer notifications. As part of the […]
