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MOH / Molina Healthcare to Acquire Certain Assets of AgeWell New York

LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (“Molina”) today announced that it has entered into an agreement to acquire the Medicaid Managed Long Term Care business of AgeWell New York. The purchase price for the transaction is approximately $110 million, net of certain tax benefits and Molina's target allocation of required regulatory capital. AgeWell is a specialty managed care organization that provides long-term care services at home or in the community for thos Read More

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Posted: Oct 7 2021, 16:56

Author Name: Business Wire

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