Molina finalizes $110M purchase of AgeWell New York’s Medicaid managed care plan

Molina Healthcare has finalized its acquisition of AgeWell New York’s Medicaid managed long-term care business for $110 million.

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AgeWell currently serves 13,000 members, according to an Oct. 3 news release.

The deal was first announced in October 2021 and will integrate AgeWell into Molina’s Senior Whole Health of New York business.

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