Molina Healthcare of Wisconsin Awarded New Contract by the Wisconsin Department of Health Services
LONG BEACH, Calif. - Molina Healthcare, Inc. (NYSE: MOH) has recently announced that the Wisconsin Department of Health Services (DHS) intends to award Molina Healthcare of Wisconsin the purchase of services in its Geographic Service Region 5. The contract, expected to commence on January 1, 2025, is projected to last for two years, with the potential for three additional two-year extensions.
This significant development will see Molina Healthcare of Wisconsin providing comprehensive program benefits to the citizens of Region 5. With the expertise and track record exhibited by the company, it comes as no surprise that they were chosen by DHS for this essential role. Adding to their achievements, Molina Healthcare, Inc. also closed the acquisition of Bright Healthcares California Medicare business as of January 1, 2024.
Bright Healthcares California Medicare business had established itself as a provider of stellar healthcare services, catering to over 109,000 members. By acquiring this business, Molina Healthcare strengthens its position and expands its capabilities to deliver quality healthcare solutions to a wider population. This move reflects Molina Healthcare’s commitment to enhancing its managed healthcare services under the Medicaid and Medicare programs.
Molina Healthcare, Inc. is a Fortune 500 company known for its exceptional performance in the healthcare sector. With a focus on providing managed healthcare services through state insurance marketplaces, they have consistently proven their dedication to improving the overall well-being of individuals and communities. With this latest venture, Molina Healthcare of Wisconsin is poised to continue its mission, ensuring access to affordable and efficient healthcare services for the residents of Region 5.
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