After Losing Two State Contracts, Molina Healthcare Pushes On
Los Angeles Times: Molina Healthcare Fights To Keep Growing
Healthcare companies are tripping over themselves to profit from a flood of government contracts for treating the poor and disabled, and a family-run company in Long Beach with nearly $5 billion in revenue is trying to stay ahead of the pack. Amid the growing competition, Molina Healthcare Inc.is facing new hurdles. It has lost two key state contracts in Ohio and Missouri and its shares have tumbled 23% in recent weeks (Terhune, 4/27).