Molina Healthcare Of Florida Completes Acquisition Of Florida Medicaid Assets From First Coast Advantage

Molina Healthcare, Inc. announced that its wholly-owned subsidiary Molina Healthcare of Florida, Inc. has closed on its acquisition of certain assets relating to the Florida Medicaid business of First Coast Advantage, LLC. As a result of the transaction, First Coast Advantage’s current Medicaid members will transition into Molina Healthcare of Florida as part of the Managed Medical Assistance (MMA) component of the Statewide Medicaid Managed Care (SMMC) program.

First Coast Advantage, a provider-owned Provider Service Network affiliated with University of Florida Health at Jacksonville, provides health care coverage to approximately 63,000 individuals. Molina Healthcare of Florida . . .