appears to have a close connection with its subject . it may require cleanup to comply with wikipedia s content policies particularly neutral point of view . please discuss further on the talk page . december 2015 learn how and when to remove this template message molina healthcare traded as nyse moh industry healthcare founded 1980 founder dr. c. david molina headquarters long beach california usa revenue us 14.18 billion 2015 1 net income us 143 million 2015 1 website molinahealthcare.com molina healthcare nyse moh is a managed care company headquartered in long beach california united states . in 2016 molina healthcare was ranked 201 in fortune 500 . 2 in 2015 the company s health plans served about 3.5 million people through government based healthcare programs . 3 contents 1 history 1.1 clinic expansion 1.2 becoming an hmo 1.3 expansion of health plans 1.4 going public 1.5 entering medicare market 1.6 entering mmis market 1.7 entering health insurance marketplace 2 dual eligible demonstration projects 3 awards and recognitions 3.1 other awards and recognitions 4 labor litigation 5 references 6 external links history edit molina healthcare was founded in 1980 by c. david molina an emergency room physician in long beach ca. 4 he had seen an influx of patients using the emergency room for common illnesses such as a sore throat or the flu because they were being turned away by doctors who would not accept medi cal . as a result of his emergency room work dr. molina established his first primary care clinic with the goal of treating the lowest income patients regardless of their ability to pay . 5 the company is now run by dr. molina s son j. mario molina md who is also a physician . he is the current president and ceo of the company . john molina mario s younger brother is the current cfo of molina healthcare . 6 the two took over the molina s operations after their father died in 1996 and continued to expand the company . according to sec filings in 2013 dr. mario molina received total compensation of 11 903 124 and john molina received 6 362 104 . altogether the top five executives at molina healthcare j. mario molina john c. molina terry p. bayer joseph w. white and jeff d. barlow were paid a total of 26 425 047 . 7 c. david molina s daughter martha bernadett md is also a part of molina healthcare . since receiving two robert wood johnson foundation awards in 2002 dr. bernadett has served as the executive vice president of research and innovation at molina healthcare . she founded the molina institute for cultural competency book buddies and the molina foundation a non profit organization to promote access to education and health care to reduce disparities . 8 clinic expansion edit the first molina medical clinic was opened in long beach ca in 1980 . since then 29 clinics have opened in northern california southern california washington new mexico florida and utah . 9 10 molina medical group mmg also runs state owned clinics in fairfax county virginia . the clinics were opened to provide health care to low income families and individuals . becoming an hmo edit molina healthcare has focused on government paid health care programs such as schip and medicaid since it became a health maintenance organization in 1985 . from 1985 to 1997 the company was only in california . expansion of health plans edit 1997 molina healthcare acquires healthreach family health care and entered the states of utah and michigan . 11 2000 molina healthcare enters the state of washington . 2004 molina healthcare enters the state of new mexico . 12 2005 molina healthcare became a health plan in ohio . 2006 molina healthcare enters the state of texas . 13 2007 molina healthcare enters missouri . 14 2008 molina healthcare enters florida . 15 2010 molina healthcare enters wisconsin . 16 2012 molina healthcare enters illinois . 17 2013 molina healthcare enters south carolina by acquiring assets from community health solutions . 18 2013 molina healthcare acquires new mexico lovelace medicaid contract . 19 2014 molina healthcare acquires florida medicaid assets from first coast advantage . 20 2015 molina healthcare enters chicago market acquiring mycare chicago s medicaid assets . 21 2015 molina healthcare enters puerto rico . 2015 molina healthcare of washington is the first health care company in wa to cover virtual urgent care services . 2015 molina healthcare acquires medicaid assets of integral health plan inc. in florida . 22 2015 molina healthcare acquires providence human services and community services . 22 2015 molina healthcare adds online access to behavioral health . 23 2015 molina healthcare acquires healthplus michild and medicaid programs of michigan . 24 2015 molina healthcare acquires assets of loyola physician partners medicaid program of illinois . 25 as of 2015 molina healthcare entered into an agreement to acquire some assets of the medicaid and michild businesses of healthplus of michigan and its subsidiary healthplus partners inc. in a similar deal molina healthcare of florida inc. which is a wholly owned subsidiary of the company inked a deal to acquire some assets of preferred medical plan inc. s floridian medicaid business in 2015 . additionally the signed an agreement with mycare chicago to purchase some medicaid business assets . in 2015 molina healthcare acquired providence human services phs and providence community services in a 200 million deal to expand their coverage into the behavioral and mental health services . in 2015 phs underwent a rebranding to become pathways . as of september 30 2015 molina healthcare had over 3.5 million members in its health plans . 26 the health plans are operated by the respective subsidiaries in its states each of which is a licensed hmo . 27 going public edit molina healthcare filed with the securities and exchange commission for an initial stock offering in december 2002 and went public in july 2003 with a stock offering of 102 million . the shares were priced at 17.50 and molina raised approximately 124 million in the initial public offering . 28 in its stock market debut molina sold 6.6 million shares at 20.30 making the company the third best first day gainer of 2003 . 29 as of 2013 molina sold 296 million shares at 34.58 . 30 molina healthcare was the first company from inc. magazine s inner city 100 list to go public . 31 as of february 20 2014 there were approximately 125 holders of record of common stock . 30 entering medicare market edit molina healthcare entered the medicare market in 2006 . the company currently offers medicare health plan options in eleven states california florida illinois michigan new mexico ohio south carolina texas utah washington and wisconsin . 32 entering mmis market edit molina healthcare acquired unisys health information management business in december 2010 to create molina medicaid solutions mms . 33 mms has medicaid management information systems mmis contracts with idaho louisiana maine new jersey and west virginia . in june 2011 the state of louisiana selected cnsi a maryland based health care technology services company to replace molina as the state s mmis and fiscal agent operations . however in march 2013 gov. bobby jindal canceled that contract . a new fiscal agent has yet to be named . 34 mms also gained a contract with the u.s. virgin islands . molina medicaid solutions will administer operations for the territory out of its west virginia location . 35 entering health insurance marketplace edit beginning in 2014 molina healthcare offers marketplace plans in nine states where it offers medicaid health plans california washington texas utah new mexico wisconsin michigan ohio and florida . 36 dual eligible demonstration projects edit molina was selected to participate in dual eligible demonstration projects in california 37 ohio 38 illinois 39 michigan 40 south carolina 41 and texas 41 to serve patients who are eligible for both medicare and medicaid . awards and recognitions edit molina healthcare was awarded the 2011 alfred p. sloan award for business excellence in workplace flexibility . the award ranks molina healthcare in the top 20 percent of employers nationally in terms of its programs policies and culture for creating an effective and flexible workplace . 42 in 2006 molina healthcare was named among the 100 best corporate citizens by business ethics magazine . 43 time magazine recognized dr. j. mario molina ceo of molina healthcare as one of the 25 most influential hispanics in america . 44 other awards and recognitions edit 2012 molina healthcare of ohio receives corporate caring award from columbus business first 2012 molina healthcare of ohio awarded best places to work award from columbus business first 2013 molina healthcare of ohio awarded ohio association of health plans pinnacle award 2013 molina healthcare of ohio awarded padrino award from the ohio hispanic coalition 2014 milwaukee journal sentinel recognizes molina healthcare of wisconsin with a top workplace award 2014 45 2014 molina healthcare of new mexico voted best places to work by albuquerque business first 46 2014 molina healthcare of utah voted top workplaces by the salt lake tribune 2014 molina healthcare of ohio receives medical mutual pillar award for community service 2014 molina healthcare of wisconsin becomes partner to cdc national diabetes prevention program partner 2014 molina healthcare inc. is one of 26 companies to participate in president obama s supplierpay 2014 47 2015 molina healthcare of texas ranked 3 medicaid health plan in texas by ncqa 2015 molina healthcare of california ranked 1 medicaid health plan in california by ncqa 2015 molina healthcare of utah ranked 1 medicaid health plan in utah by ncqa 2015 molina healthcare of washington ranked 1 medicaid health plan in washington by ncqa 2015 molina healthcare of ohio ranked 2 medicaid health plan in ohio by ncqa 2015 molina healthcare of new mexico ranked 1 medicaid health plan in new mexico by ncqa 2015 molina healthcare of wisconsin voted top workplaces by the milwaukee journal sentinel 2015 molina healthcare inc. voted top ten least stressful companies to work for in america 2015 48 2015 molina healthcare inc. ranked 301 in top fortune 500 2015 49 2015 molina healthcare of new mexico awarded the new mexico performance excellence pinon recognition 2016 molina healthcare inc. ranked 201 in top fortune 500 2016 50 labor litigation edit in april 2011 a lawsuit was filed against the company and its outsourcing firm cognizant technologies in california state court . both companies are accused of discriminating against american workers who claim they were fired and replaced with h 1b workers . the companies are accused of violating numerous federal and state labor laws . in july the u.s. district court central district of california ruled that there were no federal claims which the plaintiff s attorney had acknowledged in his declaration in support of the plaintiff s motion to remand . molina has expressed confidence it will win in court because specific allegations have been examined and found false . 51 references edit a b https www.sec.gov archives edgar data 1179929 000117992916000231 moh 12312015x10k.htm sfa2f84e633d384e8d89dd06268a11fde . retrieved 6 september 2016 . missing or empty title help 1 . 2 10 q 2015 . in good company 3 hispanic magazine . in down economy molina healthcare soars to new heights 4 hispanic business magazine . how i made it j. mario molina and john molina 5 los angeles times . http secfilings.nyse.com filing.php doc 1 & attach on & ipage 9484870 & rid 23 6 south bay conference for women . molina healthcare to open primary care clinic in albuquerque albuquerque business first . bizjournals.com 2012 06 20 . retrieved on 2013 07 29 . molina healthcare opens first florida clinic in west palm beach south florida business journal . bizjournals.com . retrieved on 2013 07 29 . 7 alacrastore . 8 ehealthinsurance . 9 us news . 10 bloomberg . 11 reuters