Molina Healthcare of Ohio Receives Preliminary Notification of Four Ohio Medicaid Contract Awards.
Prior to receiving a provider agreement, Molina Healthcare of Ohio must complete by July 31, 2006, a comprehensive pre-contracting assessment, or readiness review, in order to ensure that it is capable and prepared to meet all ODJFS program requirements. If Molina Healthcare of Ohio is successful in completing the readiness review, it anticipates enrollment in the relevant regions to begin in the third quarter of 2006.
Molina Healthcare of Ohio currently operates as a health plan in Clark, Franklin and Montgomery counties. The four new regions for which Molina has been selected comprise 47 additional counties, including 18 counties in the Central region, 16 counties in the Southeast region, 8 counties in the Southwest region and 8 counties in the West Central region.
About Molina Healthcare, Inc.
Molina Healthcare, Inc. is a multi-state managed care organization that arranges for the delivery of healthcare services to persons eligible for Medicaid and other programs for low-income families and individuals. Molina Healthcare, Inc. currently operates health plans in California, Indiana, Michigan, New Mexico, Ohio, Utah, and Washington. Additional information about Molina Healthcare can be found 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 "anticipates" and similar words and expressions. All of the Company's forward-looking statements are based on current expectations and assumptions that are subject to numerous risks and uncertainties that could cause actual results to differ materially. Such factors include, without limitation, risks related to the successful and timely completion of the pre-contracting assessment and readiness review by Molina Healthcare of Ohio, the satisfaction of all ODJFS program requirements, and other risks and uncertainties as detailed in the reports and filings of Molina Healthcare, Inc. with the Securities and Exchange Commission and available on its website at www.sec.gov. Molina Healthcare disclaims any obligation to update any forward-looking statements.
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|Comment:||Molina Healthcare of Ohio Receives Preliminary Notification of Four Ohio Medicaid Contract Awards.|
|Date:||Mar 17, 2006|
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