Molina Healthcare fights to keep growing

Molina Healthcare — which serves exclusively as a managed-care plan for government programs such as Medicaid and Medicare — has lost two key state contracts recently, and its stock has tumbled.

Healthcare companies are tripping over themselves to profit from a flood of government contracts for treating the poor and disabled, and a family-run company in Long Beach with nearly $5 billion in revenue is trying to stay ahead of the pack.

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