Molina Healthcare entered into a definitive agreement to acquire My Choice Wisconsin. The purchase price for the transaction is approximately $150 million, net of expected tax benefits and required regulatory capital. MCW is a Medicaid managed care organization. It has a 22-year history of serving managed long-term services and supports (MLTSS) populations. As of May 2022, MCW served over 44,000 MLTSS and core Medicaid members throughout Wisconsin, delivering approximately $1 billion in premium revenue for the 12 months ending March 31. Read more.
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