Molina Healthcare Selected by the State of Florida, Department of Elder Affairs, to Participate in Nursing Home Diversion Program.MIAMI Miami, cities, United States
Miami (mīăm`ē, –ə).
1 City (1990 pop. 358,548), seat of Dade co., SE Fla., on Biscayne Bay at the mouth of the Miami River; inc. 1896. -- Molina Healthcare, Inc. (NYSE NYSE
See: New York Stock Exchange : MOH See modem on hold. ) today announced that its wholly owned subsidiary Wholly Owned Subsidiary
A subsidiary whose parent company owns 100% of its common stock.
In other words, the parent company owns the company outright and there are no minority owners. , Molina Healthcare of Florida, has executed a contract with the Florida Department of Elder Affairs (DOEA) to participate in the Nursing Home Diversion (NHD) program. Molina Healthcare will now provide home and community-based services in lieu of nursing home placement for beneficiaries who are eligible for both Medicare and Medicaid Medicare and Medicaid
U.S. government programs in effect since 1966. Medicare covers most people 65 or older and those with long-term disabilities. Part A, a hospital insurance plan, also pays for home health visits and hospice care. in Pinellas and Hillsborough, Florida. The NHD program is sponsored by Molina Healthcare of Florida and the State of Florida, Department of Elder Affairs.
"We are pleased to finalize our contract with DOEA. We think that Floridians who need home and community-based services will benefit from our coordinated care model," said David Pollack, president of Molina Healthcare of Florida. "Our model helps keep individuals in their own home and functioning at the highest level possible. A key part of this new program will be leveraging our partnerships with community organizations and agencies in order to ensure beneficiaries receive the right medical services, at the right time in the right setting when they need them.
"Participating in the NHD program is an important first step toward building an infrastructure of quality managed health plans to help care for the growing number of long term care beneficiaries as the nation's population ages," said Pollack.
Molina Healthcare of Florida operates Medicaid and Medicare managed health plans with membership of approximately 69,000 as of March 31, 2012. Recently the Molina Medical Group opened its first primary care clinic in the state of Florida in West Palm Beach.
About Molina Healthcare
Molina Healthcare, Inc. (NYSE: MOH), a FORTUNE 500 company, provides quality and cost-effective Medicaid-related solutions to meet the health care needs of low-income families and individuals and to assist state agencies in their administration of the Medicaid program. Our licensed health plans in California, Florida, Michigan, Missouri (through June 30, 2012), New Mexico, Ohio, Texas, Utah, Washington, and Wisconsin currently serve more than 1.8 million members, and our subsidiary, Molina Medicaid Solutions, provides business processing and information technology administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, and West Virginia, and drug rebate administration services in Florida. More information about Molina Healthcare is available at www.molinahealthcare.com.