---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001058"
form_type: "8-K"
ticker: "MOH"
cik: "0001179929"
company_name: "MOLINA HEALTHCARE, INC."
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T13:44:18.809101+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Molina Healthcare to acquire Bright HealthCare's California Medicare business for $510M

## Summary
- Purchase price ~$510M, net of tax benefits; represents 28% of expected 2023 premium revenue of $1.8B.
- Acquisition adds ~125,000 members across 23 California counties; 60% overlap with Molina's Medicaid footprint.
- Expected to add $1.00 per share to new store embedded earnings, bringing total to $5.50 per share.
- Transaction expected to close in Q1 2024, subject to regulatory approvals and other conditions.
- CEO Zubretsky cites strategic fit with Medi-Cal contract and D-SNP growth in Los Angeles County.

## SEC filing metadata
- accession: 0001157523-23-001058
- form_type: 8-K
- ticker: MOH
- cik: 0001179929
- company_name: MOLINA HEALTHCARE, INC.
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1179929/000115752323001058/0001157523-23-001058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1179929/000115752323001058/a53438085.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001058
- JSON: https://secwatch.observer/filing/0001157523-23-001058.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001058.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.