UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. The company offers to transport its members on free shuttles that not only get them to their doctors appointments, but stop at grocery stores, churches, laundromats and check-cashing stores. of 453,697 shares. But the patient count also remained low because the hospital itself was turning people away or sending them elsewhere because of staffing shortages and a lack of equipment, Vasilomanolakis says. John C Molina currently owns a total of 1 By Kelly Puente and Brandon Richardson. the Director of Molina Healthcare Inc and owns about 2,346,497 shares of Molina Healthcare Inc (MOH) stock worth over $642 Million. As of 2022, John John Molina's net worth is $100,000 - $1M. Holding those with power to account is one of our core duties. Other key executives at Molina Healthcare Inc include A short-term lease of Community Hospital Long Beach, shown here on Jan. 22, 2022, is being negotiated while appraisals are prepared as part of an ultimate sale to Molina, Wu, Network. Robert Bob Gordon joins Pacific6 with over two decades of experience in operations management, having served in a variety of senior roles at Molina Healthcare, a Fortune 200 managed care organization. Well, we all worked in it growing up. Supernaw says he was so committed to getting the hospital reopened that he used $250,000 from his office funds at city staffs request to pay for critical elevator repairstaxpayer money that, in the end, would be lost to the effort. In 2010, John and his siblings funded the construction of the Aquarium's Molina Animal Care Center. Michelle is now married. Net Worth in 2021. Salad is off the menu in Britain because of vegetable shortages. 7) Place nearly two dozen calls to Molina Marketplace, no one ever answers, (888) 560-5716, (866) 472-4585, (855) 322-4076 at all business hours. He currently resides in Puerto Rico. Founded 1980. Jon is a strategic, multidisciplinary talent and program development leader known for driving innovation across an array of industries including automotive, aerospace, commercial real estate, and healthcare. Bishop, now CEO of MemorialCares Long Beach campus, says small hospitals frequently operate at a loss but are subsidized by their larger parent companies. Also on board were doctors Jonathan Wu of Health Source MSO and Kenneth Sim of Apollo Medical Holding, an affiliate of Network Medical Management. Representatives for the California Department of Public Health were not available for comment. If the carrier you wish to find is not in this list, revise your search string to be more specific and re-submit the query. An avid bicycle commuter, Jon lives in Long Beach with his wife and three children. But Molina Healthcare was never far behind. 2020-05-15. Dr. Mario Molina, is President and Chief Executive Officer. But their heart was in the right place. Thank you, eat.play.love! Sim and Wu did not respond to interview requests from the Post. Dallas-Fort Worth . John actively serves on the boards of the Long Beach Community Foundation, Long Beach Convention & Visitors Bureau, and the California State University Foundation. Molina Wu Network's John Molina and Community Hospital Long Beach at 1720 Termino Avenue (Facebook, City of Longbeach) The state wants the shuttered Community . Molina board removes CEO and CFO, long-time execs and founder's sons . So, my husband jokingly says Why dont open your own preschool?, And she did. Fundamental company data provided by Morningstar, updated daily. John is related to Matthew M Molina and John A Molina as well as 3 additional people. John has many family members and associates who include Elsa Molina, Janet Heathcote, Aristides Molina, Marie Alban and Dennis Vazquez. One Golden Shore Drive Long Beach CA 90802 CA; We were hoping the city would do everything they could to save it.. The co-trustee of two Molina family trusts is listed as owning an additional 17.4% of the company. Financial results are summarized below: . (Photo by Brittany Murray, Press-Telegram/SCNG) . If the subsidies were not funded, he wrote, we will have no choice but to send a notice of default informing the government that we are dropping our contracts for their failure to pay premiums and seek to withdraw from the marketplace immediately.. John is related to John Arthur Molina and Hilda G Molina as well as 3 additional people. And then, when I was in college, I continued to work there.However, Molina-Watt and her husband continued to work at Molina Healthcare through college doing billing. ; Notes: Notice of appeal filed 3/17/2021 by Michelle Molina, DocketTrial Court Name: Los Angeles County Superior Court; County: Los Angeles; Trial Court Case Number: 18LBCV00047; Trial Court Judge: Kim, Mark, Los Angeles County Superior Courts | Family | With nearly 20 years of experience working with PeaceBuilders and at-risk youth in . (You can read a more detailed timeline of our ownership in our Transparency Portal.) Most recently, he served as the Chief Operating Officer of the third largest home warranty company in the United States, a subsidiary of Old Republic International. At the time of the assessment, MWN consisted of four individuals, including John Molina and his physician brother, J. Mario Molina, who was overseeing a medical group called Golden Shore Medical and was Molina Healthcares former CEO. For nearly a century, Community had served generations of residents in . On average, Molina Healthcare Inc executives and independent directors trade stock every 15 days with the average trade being worth of $4,879,063. . This case was filed in Los Angeles County Superior Courts, Governor George Deukmejian Courthouse located in Los Angeles, California. John C Molina is the Director of Molina Healthcare Inc and owns about 2,346,497 shares of Molina Healthcare Inc (MOH) stock worth over $687 Million . Most recently John sold 20,480 units of MOH stock worth $1,500,774 on 26 February 2018. . Over time, David transitioned his abilities as an educator to reach broader audiences first as the Editor of Southern California Style Magazine, and then with Small Island Multimedia, his own advertising agency. Past performance is a poor indicator of future performance. Any unexpected high cost of the retrofit, it said in its lease analysis, could lead to a new operators failure to keep the hospital open. Long Beach leaders were well aware of the challenges confronting Community long before their unprecedented lease deal with the new operatorMolina Wu Network, or MWN. $1 Million - $5 Million. In this article, we take a look at John John Molina's net worth in 2021, total earnings, salary, and biography. City officials acknowledge they had reservations about the new management arrangement, which differed markedly from the one COPE endorsed. John John Molina's source of wealth comes from being a boxer. All Filters. In 1994, Molina and his firm won a state contract to provide care for mothers and children in Californias Medicaid program, which is called Medi-Cal. Well, mom and dad have always said, begins Janet Molina-Watt, Do what you want. Still, pursuing this storyand not knowing what our reporting would uncoverput us in the position of potentially publishing unflattering information about the people who ultimately control our parent company. We located 74 people named John Molina in 25 states. V.P. GuruFocus.com is not operated by a broker or a dealer. by Business Journal Staff March 18, 2019. It was an awkward situation but one we felt compelled to confront. Molina Healthcare Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Molina's operating performance may explain Zubretsky's high compensation. John Molina offers one other lesson for todays youth. It was the other two parties that were supposed to be the operators, Molina says of Sim and Wu. Over the last 20 years, insiders at Molina Healthcare Inc have traded over $383,046,036 worth of Molina Healthcare Inc stock and bought 41,500 units worth $4,228,795 Molina says soaring construction costs during the pandemic pushed the initial retrofit estimate of around $50 million to $79 million. All Rights Reserved. . Ste 5047. That same year, he also bought the Post, he says, to improve news coverage of his hometown. So, I got a lot of practical experience. When she graduated, she went to work with an architectural firm. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. He actually took me on and I worked with him. Enjoy a 7-Day Free Trial Thru Mar 09, 2023! SAFER has returned the first 500 matches found for your search. The company has tried to control costs by limiting its networks of doctors and hospitals, as well as sending members to its own clinics. Dated:; Notes: non-compliance from lasc filed Oct 8, 2021, DocketDescription: Civil case information statement filed. Dr. Martha Molina Bernadett is Executive Vice President of Research and Development and President and Founder of the Molina Foundation. The estimated net worth of John C Molina is at least $642 Million dollars as of 2023-03-02. As CFO, John oversees all financial and corporate development functions including accounting and finance, treasury, investor relations, marketing, human resources and market expansion. . V.P. There were so many conversationsclosed sessions and whatnot, Supernaw said in an interview. ; Party Attorney: Plaintiff and Appellant: Michelle MolinaAttorney: Michele Antoinette Dobson. first-quarter net income of $1.37 per share. They had incredible work ethic, both of them. by Pierce Nahigyan, Staff Writer November 5, 2018. sale Phone Number: 562-570-4BIZ (4249) Days: Monday - Friday. Janet Molina-Watt knows something about taking a different path in life. She is known fo. The third result is John A Molina Sr age 80+ in San Gabriel, CA in the South San Gabriel neighborhood. According to John Molina, it was expected that the children would work hard and that they would achieve the highest of their potential. Other key executives at Apollo Medical Holdings Inc include SVP-Chief Accounting Officer John Vong . Photo by Brandon Richardson. Third District Councilwoman Suzie Price, who pushed to keep Community open, concedes that the lease did not necessarily favor the city but says the council was determined to be responsive to constituent concerns. $1 Million - $5 Million. Over the decades, numerous other Community Hospital leaseholders had failed to make a go of it, too. A closed Community Hospital on April 20, 2022. Most recently, he served as Senior Vice President where he had oversight for an array of corporate operations, including Business Services, IT, Human Resources, Enterprise Project Management, and Corporate Facilities. John C Molina is In all, the city received interest from five companies to operate Community Hospital. Molina Healthcare was founded in 1980 by C. David Molina, an emergency room physician in Long Beach, . 3711 Long Beach Blvd. He is known for being a Boxer. ; Notes: Civil filing fee paid by Law Offices of Michele A Dobson. sale At Long Beach City Hall, it was code blue for Community Hospital. Purchased in November 2017 by Pacific6, an investment group made up of six Long Beach entrepreneurs, the hotel is slated to open in 2020. He is popular for 1 - Nenokkadine (2014), Baahubali (2015 . it was always about serving ourselves but serving others at the same time.. But ultimately, like MemorialCare before him, Molina says it was the seismic repairs, which the state required to be completed by 2025, that sunk his efforts. The brothers will remain on Molinas board, the company said. Vasilomanolakis says it was ordered but got held up in the pandemics massive supply-chain backlog. Kevin earned a Bachelor of Arts degree in Economics from Stanford University. Its a massive disappointment not only to the community but also to the people who came back to work there because they loved Community Hospital and wanted to see it open. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Attorney at Law Offices of Michele A Dobson. DAVID TELLING TODD LEMMIS JON HEIMAN BOB GORDON KEVIN DAVIS JOHN MOLINA. And we were all expected to help out. For the Watt family, as well as her siblings, their connection to Long Beach is special. Employees . They have also lived in Long Beach, CA and Los Angeles, CA. You may occasionally receive promotional content from the Los Angeles Times. , Molina-Watt started in college with theatre arts at Long Beach City college. V.P., Financial Affairs Williampedersen Curtis Dentino, Joseph W Cpa White, Hours: 8:00AM - 5:00PM. DocketDescription: Default notice sent-appellant notified per rule 8.100(c). The Judges overseeing this case are ANDREW C. KIM, MARK C. KIM and MICHAEL P. VICENCIA. He has guided the successful merger and acquisition process of several subsidiary companies that resulted in new business and revenue expansion. of 1,500 shares made by Ronna Romney I want to do more than that. Why is this public record being published online? This investment adviser does not provide advice to individual investors. We are so ingrained in the community and making it the best place it can be and teaching our children the same thing., Janet Molina-Watt Long Beach Molina Healthcare. I thought it would be a good thing.. California State University-Long Beach, +3 more . Closed for nearly three years, many of its former staff members had retired or moved on to other jobs, leaving Community at the mercy of the market. sale Melody Petersen is an investigative reporter covering healthcare and business for the Los Angeles Times. Clarissa Molina net worth is allegedly valued at $1.5 million. Net income. Long Beach, CA. To learn more about us visit: http://bit.ly/padnettvLike us on Facebook: http://bit.ly/padnettvfbFollow us on Twitter: http://bit.ly/padnettvtFollow us on In. A determined legion of save our hospital stakeholders kept the pressure on at City Hall to make that happen. John Kokken is an Indian Actor. Description: Filing fee. Then the U.S. government blindsided it, A $150,000 executive protection dog? In early 2018, MemorialCare informed Long Beach officials it was terminating its lease with the city rather than spend tens of millions of dollars more in seismic repairs mandated by the state. Net Worth in 2020. John Molinas vision of that legacy, for himself, is simple. During the fourth quarter of 2017the first quarter Zubretsky headed the companyMolina reported a $269 million loss . Many of its customers are lower income and suffer from chronic health conditions. In California, Molina currently insures 765,000 people and operates its own clinics around the state. The nursing costs were unbelievable, he says. It's a life that has grown out of her ability to follow her passions, always encouraged by her parents. To that end, today we are publishing a report looking at what led to the ultimate closure of Community Hospital, a public asset owned by the city, and the unprecedented lease agreement that will require Long Beach to reimburse potentially tens of millions of dollars in losses to its operator. Yadier Benjamin Molina was born on July 13, 1982 in Bayamon, Puerto Rico. Ari Emanuel lets his AI alter ego open Endeavors earnings call. The best thing to do is believe in yourself even when others may not., According to John Molina, there were physicians at the hospital, people in the community, who told his father that he could not be successful taking care of the poor. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. If we were going to keep that promise to our readers and the hundreds of community members who donate in support of our mission, we could not shy away from an important topic just because it hit close to home. Our goal is to engage these diverse voices to inspire the exchange of creative ideas and transformative solutions. 3. Independent appraisals are also underway to determine the value of the land, a months-long process. From helping out at Molina Healthcare to Interior Design to starting her own architectural firm with a classmate, Janet Molina-Watt took a detour into education. Arms dealers and manufacturers, Before and after photos from space show storms effect on California reservoirs, Yet more rain expected to hit California in March. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership, Exec. At Long Beach City Hall, it was code blue for Community Hospital. of It is that we left Long Beach in a better place, more progressive, than when my parents came here in the 50s. Puerto Rican boxer and celebrity, IBF and WBO Super Featherweight Champion, who is known for being a socialite. Neither my father or my mother would give us pearls of wisdom, he begins, They led by example, not by talking about things.. Based on ownership reports from SEC filings, as the reporting owner, John C Molina owns 1 companies in total, including Only the transactions in Open Market or Private Sale at the market prices are included. The 57-year-old boxer was born in Puerto Rico. We have estimated John John Molina's net worth, money, salary, income, and assets. As a charter member and the current Chair of the Board of Directors for the Aquarium of the Pacific, John is intimately involved in the $53 million Pacific Visions expansion of the Aquarium. As of 26 February 2018 John still owns at least 372,930 units of Molina Healthcare Inc stock. sale John Molina owns over 20,480 units of Molina Healthcare Inc stock worth over $102,152,986 and over the last 20 years John sold MOH stock worth over $64,236,579. The growing, Long Beach-based health insurer has nearly 5 million customers in 12 states and Puerto Rico, most of them insured through Medicaid, the government program for the poor. So, there was never any pressure to become a doctor, to go into the family business.. Cardiologist Mike Vasilomanolakis, who came back to Community to serve as vice chief of staff, says the hospital was forced to hire nurses from registries, with some charging hundreds of dollars an hour. On the night of the City Councils lease vote, only one naysayer rose to speak against the proposed arrangement with Molinas MWN, longtime City Hall critic Corliss Lee. Bob also served in leadership positions over Finance and Business Development, helping steer the growth of a company with 20,000 members operating in one state to an industry leader with 4.5 million members and nearly $20 billion in revenue, operating in multiple states. The estimated net worth of Molina J Mario Md is at least $76 Million dollars as of 2023-02-16. We have to work and work hard every day for everything that we have., Dad had a saying, You can make your living with your brain or your back. ; Notes: Appellant (3/17/2021 by Michelle Molina ) is in default for failure to file a Case Information Statement pursuant to California Rules of Court, Rule 8.100(g). "So, there was never any pressure to become a . John Molina founder, Pacific6, speaks at the grand reopening of Community Hospital Long Beach in Long Beach on Thursday, May 27, 2021. Over the past 18 months, The company picked by the City Council to operate Community was splintering, ultimately leaving only one of four original partners, Long Beach businessman John Molina, to manage the hospitals affairs. And all of a sudden, theyre done.. 28, 2021-- Molina Healthcare, Inc. (NYSE: MOH) (the "Company") today reported second quarter of 2021 GAAP earnings per diluted share of $3.16 and adjusted earnings per diluted share of $3.40. 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