UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
______________
FORM 8-K
______________
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): October 7, 2008
______________
MOLINA
HEALTHCARE, INC.
(Exact
name of registrant as specified in its charter)
Delaware |
1-31719 |
13-4204626 |
(State of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification Number) |
______________
200 Oceangate, Suite 100, Long Beach, California 90802 |
(Address of principal executive offices) |
Registrant’s
telephone number, including area code: (562) 435-3666
Check the
appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
On October 7, 2008, Molina Healthcare, Inc. issued a press release to announce that its subsidiary, Molina Healthcare of Florida, Inc., has been awarded a Medicaid managed care contract by the Florida Agency for Health Care Administration. A copy of the press release is included as Exhibit 99.1 to this report.
The information in this Form 8-K and Exhibit 99.1 attached hereto shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as expressly set forth by specific reference in such a filing.
Item
9.01 Financial Statements and Exhibits.
(d) | Exhibits: | |
Exhibit |
Description |
|
99.1 | Press release issued on October 7, 2008, by Molina Healthcare, Inc. regarding the Medicaid | |
managed care contract awarded to the Company’s subsidiary, Molina Healthcare of Florida. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MOLINA HEALTHCARE, INC. |
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Date: | October 7, 2008 | By: |
/s/ Mark L. Andrews |
Mark L. Andrews |
|||
Chief Legal Officer, General Counsel, |
EXHIBIT INDEX
Exhibit |
Description |
99.1 | Press release issued on October 7, 2008, by Molina Healthcare, Inc. regarding the Medicaid |
managed care contract awarded to the Company’s subsidiary, Molina Healthcare of Florida. |
Exhibit 99.1
Molina Healthcare of Florida Awarded Medicaid Contract
LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) today announced that its wholly owned subsidiary, Molina Healthcare of Florida, Inc., has been awarded a Medicaid managed care contract by the Florida Agency for Health Care Administration (AHCA). The term of the contract will commence on December 1, 2008, at which time Molina Healthcare of Florida will begin its initial enrollment of Florida NetPASS Medicaid members, with the full transition of NetPASS members expected to be completed in the first quarter of 2009. The contract award by AHCA follows its licensing of Molina Healthcare of Florida to operate as a health maintenance organization in Dade County.
“The Florida contract award represents a significant opportunity in an important new state for Molina Healthcare. We look forward to assisting our new members in Dade County in accessing high quality health care benefits,” said J. Mario Molina, M.D., president and chief executive officer of Molina Healthcare, Inc.
About Molina Healthcare, Inc.
Molina Healthcare, Inc. is a multi-state managed care organization that arranges for the delivery of health care services to persons eligible for Medicaid, Medicare, and other government-sponsored programs for low-income families and individuals. Molina Healthcare’s ten licensed health plan subsidiaries in California, Florida, Michigan, Missouri, Nevada, New Mexico, Ohio, Texas, Utah, and Washington currently serve a total of approximately 1.2 million members. More information about Molina Healthcare, Inc. can be obtained at www.molinahealthcare.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release contains “forward-looking statements” identified by words such as “will” and “expected” that are subject to numerous risks and uncertainties that may cause actual results to differ materially. Such factors include risks related to the obtaining of final regulatory approvals from AHCA and the satisfaction of other conditions to closing the Florida NetPASS acquisition; the successful transition and integration of the members, operations, and provider networks of Florida NetPASS; attrition in membership pending the completion of and following the acquisition; the accurate estimation of incurred but not reported medical costs with respect to this new population; and numerous other risk factors as described in the periodic reports and filings of Molina Healthcare, Inc. with the Securities and Exchange Commission and available for viewing on its website at www.sec.gov.
CONTACT:
Molina Healthcare, Inc.
Investor Relations:
Juan Jose
Orellana, 562-435-3666, ext. 111143
or
Public Relations:
Kathleen
O’Guin, 562-435-3666, ext. 118305