Former Molina Healthcare CFO exits insurer's board of directors: 3 things to know

John C. Molina, former CFO of Molina Healthcare, stepped down from the health insurer's board of directors Feb. 26.

Here are three things to know about the resignation.

1. Mr. Molina, along with his brother and former Molina Healthcare CEO J. Mario Molina, MD, was fired in May 2017 following months of poor financial performance.

2. Mr. Molina began serving on the insurer's board of directors in 1994. He is a founding partner of Pacific6, a Long Beach, Calif.-based investment and development firm.

3. Mr. Molina is the son of the late C. David Molina, MD, who founded Molina Healthcare.

More articles on payer issues:
U.S. Office of Personnel Management accuses Health Net of obstructing federal IT audit: 6 things to know
UnitedHealth's Optum paid at least $80M for 230-physician Reliant Medical Group
HHS scrubs risk corridors funding from budget proposal: 3 things to know

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months