Personal Details of Alfred Molina. Sim and Wu did not respond to interview requests from the Post. John has made over 32 trades of the Molina Healthcare Inc stock since 2004, according to the Form 4 filled with the SEC. Molina and Watson denied that she had done anything to influence the awarding the contract. Michelle is now married. Molina Healthcare Inc (MOH)'s detailed insider trading history can be found in Insider Trading Tracker table. V.P. The company is a West Virginia Foreign Llc | Limited-Liability Company, which Most recently John sold 20,480 units of MOH stock worth $1,500,774 on 26 February 2018 . Unfortunately, the details have not been documented. For more on Molina Healthcare, visit HERE. The company cited poor financial results. The company footprint has expanded from operations in four states to 17 states since the companys IPO in July 2003. ; Party Attorney: Plaintiff and Appellant: Michelle MolinaAttorney: Michele Antoinette Dobson. Our mission at the Long Beach Post and Long Beach Business Journal is to give the news impartially, without fear or favorwords famously written by the publisher of the New York Times in 1896. sale Closed for nearly three years, many of its former staff members had retired or moved on to other jobs, leaving Community at the mercy of the market. the Director of Molina Healthcare Inc and owns about 2,346,497 shares of Molina Healthcare Inc (MOH) stock worth over $642 Million. Industry Health Care Equipment & Services. In light of the companys disappointing financial performance, the board has determined to change leadership in order to drive profitability through operational improvements, Wolf said in a statement early Tuesday. Would not someone say, He [Molina] is going to walk away from this anyway? Wouldnt you think that statement would come up a few times? No, net worth is not yearly. Todds current work with Pacific6 involves investment in and development of hotels, food and beverage outlets, multi-family buildings, music festivals, aquaculture, entertainment and media. of 4,000 shares. Molina Healthcare Inc (MOH) The City Council absolutely wanted a hospital. The current estimated net worth of Molina Healthcare Inc's CFO, John Molina, is estimated to be about $213.37M . (Photo by . The company, which offers health care plans for people receiving government assistance through such programs . Description: Received default notice 8.121(a) designation not filed. Lee based her conclusion on a lease analysis prepared by the citys Economic Development Department. The family began looking for schools closer to them with the same philosophy as their first sons school. The information we shared in the press release is all there is to say, he said. ; Notes: Appellant (3/17/2021 by Michelle Molina ) is in default for failure to file a Case Information Statement pursuant to California Rules of Court, Rule 8.100(g). Kevin earned a Bachelor of Arts degree in Economics from Stanford University. It was the other two parties that were supposed to be the operators, Molina says of Sim and Wu. Warmer storms could cause problems, Dramatic before and after photos from space show epic snow blanketing SoCal mountains. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. California State University-Long Beach, +3 more . The fact of the matter is, when Memorial closed the emergency room, they were seeing about 75 patients a day, Molina says. DocketDescription: Filing fee. The estimated net worth of John C Molina is at least $642 Million dollars as of 2023-03-02. of 453,697 shares. Rich L.A. homeowners are snapping them up, Musks master plan for Tesla is built around sustainable energy economy, What to expect from Elon Musks third master Tesla plan, Drugmaker Eli Lilly to slash insulin prices, Stocks slip as stubborn inflation raises rate expectations, The chance of a lifetime: Five friends ski the tallest mountain in Los Angeles, Best coffee city in the world? During Molinas tenure as CFO, the company has gone public and more than doubled the number of Medicaid lives it covers, as well as tripled revenues. But the patient count also remained low because the hospital itself was turning people away or sending them elsewhere because of staffing shortages and a lack of equipment, Vasilomanolakis says. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Bishop, now CEO of MemorialCares Long Beach campus, says small hospitals frequently operate at a loss but are subsidized by their larger parent companies. Molina Healthcare also released its first-quarter 2017 results Tuesday, reporting net income per diluted share increased to $1.37 in the first quarter of 2017 compared with $0.43 for the first . With all those costs, he says, there was just no way to make it work.. More Despite warnings, a risky vote to save the hospital. Our goal is to engage these diverse voices to inspire the exchange of creative ideas and transformative solutions. City staff will respond to voicemails made after business hours within 24 hours. Earnings & Financial Data The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Yadier Molina Net Worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs . Column: 15 minutes of fame flies by. To avoid the costs, Bishop says, MemorialCare proposed closing the acute care hospital and opening a mental health facility, which would not require the seismic fixes. ; Party Attorney: Plaintiff and Appellant: Michelle MolinaAttorney: Michele Antoinette Dobson. John C Molina is the Director of Molina Healthcare Inc and owns about 2,346,497 shares of Molina Healthcare Inc (MOH) stock worth over $687 Million . On some days, city officials say, the hospital was seeing just two patients. Lived In Huntington Beach CA, Long . Other key executives at Apollo Medical Holdings Inc include SVP-Chief Accounting Officer John Vong . Check John Molina's phone number, current home address, age and other contact information. Headquarters Long Beach, California. John John Molina's income source is mostly from being a successful Boxer. Although details of all this are complicated and uncertain, this much seems increasingly clear: the historic property will eventually be lost to the city of Long Beach. Well, mom and dad have always said, begins Janet Molina-Watt, Do what you want. Description: Notice of appeal lodged/received. Bob received both a Bachelor and Master of Arts degree in Mathematics from California State University, Long Beach and began his career teaching math at community colleges throughout southern California. Molina-Watt started in college with theatre arts at Long Beach City college. Its health plans are operated by a network of subsidiaries, each of which is licensed as a health maintenance organization (HMO). To review the remaining two proposals and offer a recommendation, the city hired Los Angeles-based COPE Health Solutions. J. Mario Molina succeeded his father, C. David Molina, as CEO in 1996. I read that quote a long time ago and he and I thought that really says it all.. 2022 Pacific6 Enterprises | 211 E. Ocean Blvd., Suite 550, Long Beach, CA 90802 | 562-600-7226. Her bio describes Janet Molina-Watt as a Community leader and lifelong resident of Long Beach who is actively involved in contributing to the local education system. Its a life that has grown out of her ability to follow her passions, always encouraged by her parents. The three-member board of directors for PCM consists of John Molina, Brandon Dowling (chief of staff for Pacific6) and David Sommers, the former publisher of the Post and Business Journal who recently stepped away from that role to become chief operating officer for Pacific6. of 375,000 shares made by Joseph M Zubretsky Details can be seen in John C Molina's Latest Holdings Summary section. Whos benefiting from Russias war on Ukraine? I want to take over the design of an entire building. sale The most active insiders traders include Williampedersen Curtismary , John C Molina e J Mario Md Molina. John John Molina was born on the 17th of March, 1965. Molina also provides plans through health insurance exchanges. Pacific Community Media, or PCM, which oversees our two publications, is a subsidiary of Molinas company Pacific6. Gurus may be added or dropped from the GuruFocus site at any time. John's current home is located at Long Beach, CA. The company cited financial performance for . Who can help student-athletes cash in? Joseph Molina in Long Beach, CA 18 results - Joseph Molina may also have lived outside of Long Beach, such as Bell Gardens, Huntington Park and 2 other cities in California. Over time, David transitioned his abilities as an educator to reach broader audiences first as the Editor of Southern California Style Magazine, and then with Small Island Multimedia, his own advertising agency. In the first three months of the year, the company earned $77 million in net income from $4.6 billion in revenue, for a net profit margin of 1.6%. The company offers to transport its members on free shuttles that not only get them to their doctors appointments, but stop at grocery stores, churches, laundromats and check-cashing stores. Ste 5047. Molina Healthcare Company Stats. And we were all expected to help out. All but MWN and Palisades Health Solutions withdrew from the competition, citing the high cost of seismic compliance, according to city officials. Send her tips securely on Signal at (213) 327-8634. As Chief Financial Officer, John oversaw all financial activity including corporate finance, investor relations, accounting, treasury, and actuarial functions and was responsible for executing the expansion efforts of Molina Healthcares business development, mergers and acquisition program. He says MemorialCare had hoped to keep Community open, but the equation shifted when the health care provider got the results of a $1 million seismic survey it commissioned, revealing the exact location and severity of an active fault under the property. One Golden Shore Drive Long Beach CA 90802 CA; For nearly a century, Community had served generations of residents in East Long Beach. Arms dealers and manufacturers, Before and after photos from space show storms effect on California reservoirs, Yet more rain expected to hit California in March. , Under the lease, the city would cover those losses by selling the publicly owned Community Hospital property or essentially giving it to MWN. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, Long Beach-based Pacific6 Enterprises has secured $55 million in financing to complete an environmental upgrade to its century . 2021-07-20, Los Angeles County Superior Courts | Probate | But at the time, the residents absolutely did not want to walk away from the idea of acute care services in East Long Beach, for reasons that are extremely reasonable and understandable.. Dated:; Notes: non-compliance from lasc filed Oct 8, 2021, Description: Civil case information statement filed. Were sure hes a very busy executive, but you have to stop and listen as he speaks admiringly about his parents, David and Maria Rose Molina. Over the decades, numerous other Community Hospital leaseholders had failed to make a go of it, too. 2. In the meantime, Long Beach has enlisted Hardesty Health Solutions to audit MWNs financial recordsthousands of transactionsto verify Molinas contention that the company lost $30 million. . However, her numerous income streams and charity events are proof that she can be making a dime. John C Molina around $5 Million. Pacific6 will continue to build on this portfolio of projects as new opportunities and relationships develop. The hospital did not, for example, have a basic imaging device known as a C-arm, used for X-rays of bone fractures. He believed that being smaller, and focused solely on Community, would help him revive the hospital within a year of taking control. There were so many conversationsclosed sessions and whatnot, Supernaw said in an interview. Previously, John was a Board Member at Long Beach Econo mic Partnership and also held positions at Cell Care Therapeutics, Neilsen Gough, KL Phy Photography, Aquarium of The Pacific, The David and Lucile Packard Foundation, Yahoo!, Petrone & Petrone PC, The . He is popular for 1 - Nenokkadine (2014), Baahubali (2015 . Court documents are not available for this case. Net Worth in 2021. A life that has grown out of her ability to follow her passions, always encouraged her. A dime Director of Molina Healthcare Inc ( MOH ) stock worth over $ 642 Million dollars as of of! And Appellant: Michelle MolinaAttorney: Michele Antoinette Dobson that statement would up. Her passions, always encouraged by her parents the operators, Molina says of sim and Wu did,... Compliance, according to the Form 4 filled with the same philosophy as their first school. Is a subsidiary of Molinas company Pacific6 of sim and Wu did,... 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