Molina Healthcare and Memorial Hermann Announce Improved Access to Care for Medicaid, Medicare, and Chip Recipients in Greater HoustonCy-Fair Texas News
Posted July 27th 2016
Cypress, TX (July 26, 2016) Molina Healthcare, Inc. (NYSE: MOH) and Memorial Hermann Health Plan, Inc. jointly announced today that Molina Healthcare of Texas, Inc., a wholly-owned subsidiary of Molina Healthcare, has entered into an agreement with Memorial Hermann to enhance access to safe, high-quality care for Medicaid, Medicare and CHIP recipients in the greater Houston area. At the closing of the transaction, Molina’s approximately 14,000 STAR, CHIP and CHIP Perinate members residing in the Harris Service Delivery Area will become members of Memorial Hermann Health Plan. As part of the transaction, Memorial Hermann will become a contracted provider in Molina’s network serving STAR+PLUS, STAR+PLUS MMP and Medicare D-SNP members. The transaction is expected to close during the second quarter of 2017 subject to the receipt of regulatory approvals and the satisfaction of other closing conditions.