From 2012 to 2017, the facility reported a net loss of nearly $27.2 million, only turning a profit in 2015 of $212,737. The company footprint has expanded from operations in four states to 17 states since the companys IPO in July 2003. . DAVID TELLING TODD LEMMIS JON HEIMAN BOB GORDON KEVIN DAVIS JOHN MOLINA. The company cited financial performance for . If you do not agree with these terms, then do not use our website and/or services. I want to do more than that. For work these days, John is a Director at Molina Medical Centers. J. Mario Molina, left, president and CEO, and John Molina, right, chief financial officer, of Molina Healthcare in their Long Beach office in 2010. 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. To save Community Hospital, Long Beach leaders took a risky gambleand lost. "So, there was never any pressure to become a . US$792 million (2022) Total assets: US$12.31 billion (2022) Total equity: . Resides in La Habra, CA. Over the years, she has served on various community boards including The Department of Health and Human Services, Fairfield YMCA and the Long Beach Ballet. Only the transactions in Open Market or Private Sale at the market prices are included. Johns business and philanthropic connections to Long Beach are numerous and well-known. Molina says state officials asked him in March 2020 whether he could reopen under an emergency status to handle non-COVID patients, thus easing the burden on hospitals that were overwhelmed with pandemic admissions. But the City Council in closed session rejected the idea, directing staff to seek offers from other potential hospital operators. Hours: 8:00AM - 5:00PM. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Send her tips securely on Signal at (213) 327-8634. He has helped brand, message and market companies both large and small producing award-winning advertising, print work, videos, web development and training programs for such companies as Sony, Panasonic, DuPont, Agility Logistics, Nexus, Dacor and Realty One Group. Through its locally operated health plans, Molina Healthcare served approximately 4.0 million members as of December 31, 2020. of 375,000 shares made by Joseph M Zubretsky Neither my father or my mother would give us pearls of wisdom, he begins, They led by example, not by talking about things.. sale For COVID-19 Business, Property Owner, and. Any further delay, they said, could jeopardize the wellbeing of area patients who would have to be transported to more distantand potentially more crowdedemergency rooms. John John Molina (born March 17, 1965) is famous for being boxer. Cases involving other matters not classified elsewhere, 890, 1890, 1990, 2890, 2899, 2999, 3375, 3890, 3896, 3899, 3999, 4890, 4896, 4999, Description: Dismissed per rule 8.140(b); Disposition Type: Final. Most recently John sold 20,480 units of MOH stock worth $1,500,774 on 26 February 2018. Michelle's reported annual income is about $200 - 249,999; with a net worth that tops Greater than $499,999. DispositionDescription: Dismissed per rule 8.140(b); Disposition Type: Final. Long Beach, CA. Pacific6 is a Long Beach-based partnership of six founders, committed to identifying, investing, and being intimately involved in inspiring and important ventures that can positively impact people and the communities in which they live. 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. John Molinas vision of that legacy, for himself, is simple. Details can be seen in John C Molina's Latest Holdings Summary section. We have a saying Were not in this for ourselves alone. Molina J . Attorney at Artiano & Associates. ; Party Attorney: Plaintiff and Appellant: Michelle MolinaAttorney: Michele Antoinette Dobson. Brought together by John Molina, formerly the Chief Financial Officer of Molina Healthcare, the Pacific6 partners have diverse professional backgrounds, including healthcare, financial services, risk management, human resources, legal affairs, and media/marketing development spanning from Fortune 200 to small, independent companies. He currently resides in Puerto Rico. This investment adviser does not provide advice to individual investors. The nursing costs were unbelievable, he says. Dallas-Fort Worth . C/o Molina Healthcare, Inc., One Golden Shore Drive, Long Beach Ca 90802. More The fact of the matter is, when Memorial closed the emergency room, they were seeing about 75 patients a day, Molina says. The estimated net worth of John C Molina is at least $687 Million dollars as of 2023-02-17. The hospital did not, for example, have a basic imaging device known as a C-arm, used for X-rays of bone fractures. (He bought the Business Journal in 2020.). GuruFocus.com is not operated by a broker or a dealer. Clarissa Molina net worth is allegedly valued at $1.5 million. Insiders are limited to only officers and/or directors of the company. Founded 1980. As of 2022, John John Molina's net worth is $100,000 - $1M. They never said anything about being in the business.. He actually took me on and I worked with him. Past performance is a poor indicator of future performance. Communitys emergency department would be authorized to open five months later. Stock quotes provided by InterActive Data. I thought it would be a good thing.. View John Molina's profile on LinkedIn, the world's largest professional community. Joseph Molina in Long Beach, CA 18 results - Joseph Molina may also have lived outside of Long Beach, such as Bell Gardens, Huntington Park and 2 other cities in California. John C Molina is John received a Bachelor of Arts degree in Economics from California State University, Long Beach, where he was elected to the Phi Beta Kappa honor society, and a Juris Doctorate from the University of Southern California School of Law. In this week's edition of the Long Beach Business Podcast, the Business Journal sat down with John Molina of Molina, Wu, Network (MWN) to discuss the future of Community Hospital. For the Watt family, as well as her siblings, their connection to Long Beach is special. Molina is scheduled to report . But behind the scenes, it was facing the modern realities of hospital economics. On March 1, the state informed the city that the Community Hospital property is subject to a 2019 state law that seeks to encourage construction of affordable housing. Would not someone say, He [Molina] is going to walk away from this anyway? Wouldnt you think that statement would come up a few times? Cancellation and Refund Policy, Privacy Policy, and Even with the city covering millions of dollars of his losses, Molina says, hell still be out potentially millions more from his efforts to save the hospital and its emergency services. Who can help student-athletes cash in? John Molina is Chief Financial Officer of a Fortune 500 corporation based in Long Beach, Molina Healthcare, a company his father, C. David Molina founded more than 30 years ago. Bob received both a Bachelor and Master of Arts degree in Mathematics from California State University, Long Beach and began his career teaching math at community colleges throughout southern California. PalacioMagazine.com is a multimedia digital platform featuring the stories of People of Color in an increasingly multicultural America. One of the three daughters of Dr. C. David and Mary Molina, she is not in the family business, Molina Healthcare. Just like we did at home. But before the lease was signed, the roster of talent COPE had praised was reduced by one important player, Mario Molina. Mary R Molina Net Worth What's Mary Molina's mailing address? John C Molina is the Exec. . Other key executives at Apollo Medical Holdings Inc include SVP-Chief Accounting Officer John Vong . This was clear from the get-go, says Modica, who calls the reopening effort successful., It opened and then it closed, he says. The estimated net worth of Molina J Mario Md is at least $76 Million dollars as of 2023-02-16. Jon has also managed nationwide workforce training initiatives, corporate wellness programs, and new hire onboarding for thousands of employees across multiple states. Todds current work with Pacific6 involves investment in and development of hotels, food and beverage outlets, multi-family buildings, music festivals, aquaculture, entertainment and media. 3711 Long Beach Blvd. The company is a West Virginia Foreign Llc | Limited-Liability Company, which Most recently John sold 20,480 units of MOH stock worth $1,500,774 on 26 February 2018 . Headquarters Long Beach, California. He is popular for 1 - Nenokkadine (2014), Baahubali (2015 . DocketDescription: Received default notice 8.121(a) designation not filed. 3. Then the pandemic arrived, only compounding the costs as it swept across Los Angeles County and the nation. DocketDescription: Default notice sent-appellant notified per rule 8.100(c). (You can read a more detailed timeline of our ownership in our Transparency Portal.) Mom was very involved in the PTA and while they never expressed disappointment if we didnt do well; they also didnt applaud us for doing well.. Warmer storms could cause problems, Dramatic before and after photos from space show epic snow blanketing SoCal mountains. We have estimated John John Molina's net worth, money, salary, income, and assets. The estimated net worth of John C Molina is at least $642 Million dollars as of 2023-03-02. 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. Well, we all worked in it growing up. 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 Personal Details View All John, with his father and family, built Molina Healthcare, Inc. from a fledgling start-up into a Fortune 200 company, serving nearly five million members and employing over 25,000 people nationwide. . He says MemorialCare had hoped to keep Community open, but the equation shifted when the health care provider got the results of a $1 million seismic survey it commissioned, revealing the exact location and severity of an active fault under the property. Attorney at Law Offices of Michele A Dobson. Molina Healthcare also released its first-quarter 2017 results Tuesday, reporting net income per diluted share increased to $1.37 in the first quarter of 2017 compared with $0.43 for the first . He opened a private internal medicine practice following a preceptorship at St. Mary Medical Center in Long Beach. Lived In Huntington Beach CA, Long . Most recently John sold 20,480 units of MOH stock worth $1,500,774 on 26 February 2018. It doesnt mean that, as a young Molina, she didnt work with her siblings in the business. nearly $20 million in cash and stock and John Molina is entitled to a . 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. On average, John trades about 14,734 units every 47 days since 2003. 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. That should be enough to stop everyone in their tracks., It wasnt. But such concerns, while heartfelt, were apparently misguided. Long Beach, CA 90807-3319. Molina says soaring construction costs during the pandemic pushed the initial retrofit estimate of around $50 million to $79 million. In 2018, Molina, a former chief financial officer of Molina Healthcare, embarked on an ambitious agenda of acquisition and development in Long Beach. John, Martha, Janet, and Josephine, as well as their spouses and children. Todd holds a Bachelor of Arts degree in philosophy from UCLA and a Juris Doctorate from Southwestern University School of Law. 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's current home is located at Long Beach, CA. We were looking around. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership, Exec. . Had COVID not hit and the costs not gone up so much, then it would have been a completely different ballgame, says Molina, who has proposed turning the hospital into a mental health campus that would not require expensive seismic repairsa plan that is now in jeopardy as well. To do that, reporters Kelly Puente and Brandon Richardson, along with the editors at the Post and Business Journal, treated Molina, Dowling and Sommers strictly as public figures worthy of news coverage, not as owners or directors of our board. That sense of You are my family and Im going to support you, do whatever you need me to do always came through., The spirit of helping and supporting each other helped the family business grow. They were more interested in us doing things exploring., Janet Molina-Watt and her husband have talked about what legacy they want to leave behind. I want to take over the design of an entire building. We needed to approach and evaluate this story like any other. Michelle's personal network of family, friends, associates & neighbors include Mary Molina, Janet Watt, Ronald Heiman, Josephine Molina and John Heiman. John C Molina owns 2,346,497 shares of Molina Healthcare Inc (MOH) as of February 22, 2018, with a value of $642 Million. As for concerns that other emergency rooms would become more crowded with an influx of new patients, the numbers again told a different story. The most recent stock trade was executed by Marc Russo on 12 December 2022, trading 1,500 units of MOH stock currently worth $526,755. He remained as the director of ICU until 1976. . Enjoy a 7-Day Free Trial Thru Mar 09, 2023! Mary's mailing address filed with the SEC is C/O MOLINA HEALTHCARE, INC., ONE GOLDEN SHORE DRIVE, LONG BEACH, CA, 90802 . John is related to Matthew M Molina and John A Molina as well as 3 additional people. Click here to see the complete history of John C Molinas form 4 insider trades. With nearly 20 years of experience working with PeaceBuilders and at-risk youth in . Check John Molina's phone number, current home address, age and other contact information. Independent appraisals are also underway to determine the value of the land, a months-long process. Become a Long Beach Post member today and help keep vital local news alive in Long Beach. This case was filed in Los Angeles County Superior Courts, Governor George Deukmejian Courthouse located in Los Angeles, California. John has made over 32 trades of the Molina Healthcare Inc stock since 2004, according to the Form 4 filled with the SEC. We located 74 people named John Molina in 25 states. 699 others named John Molina are on LinkedIn John C Molina made 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. In light of the companys disappointing financial performance, the board has determined to change leadership in order to drive profitability through operational improvements, Wolf said in a statement early Tuesday. John John Molina's income source is mostly from being a successful Boxer. Executive Vice President Marc Russo In recent months, he had been outspoken about what he believed was wrong with the Republicans plans to replace the ACA. In addition to its Health Plans segment, Molina has a Medicaid,Medicare, and Marketplace segment that represent the government-funded or sponsored programs under their management information systems. Their attention was elsewhere, he says. In 1962, Dr. Molina developed Long Beach's first Intensive Care Unit at Pacific Hospital. John Molina's Pacific6 scores $55M financing for LB luxe landmark. by Business Journal Staff March 18, 2019. stock. May 2, 2022. Or, Joseph Molina's net worth in US Dollar Feb, 2023? But Community Hospital continued operating at a loss nearly every year, according to financial documents submitted annually by MemorialCare to the state. It was a job for which he was admittedly unprepared. & Financial Affairs & Trustee & Molina Siblings Trust of Molina Healthcare Inc. Pacific6 will continue to build on this portfolio of projects as new opportunities and relationships develop. 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. That no-bid contract, considered then to be worth $400 million, became controversial after Molinas application listed state Sen. Diane Watson (D-Los Angeles) on its board of directors. Pacific6 looks across a broad spectrum of opportunities to determine the best fit for our mission. Its called the Little Owl Preschool in Long Beach. Davids career began in education. Communitys losses, he says, were covered by MemorialCares four other hospitals and dozens of urgent care centers. 2020-06-23, Los Angeles County Superior Courts | Labor | 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. ; Notes: Plaintiff and Appellant: Michelle Molina Attorney: Michele Antoinette Dobson, Brief: Civil case information statement filed. ; 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 | Molina's operating performance may explain Zubretsky's high compensation. Yadier Benjamin Molina was born on July 13, 1982 in Bayamon, Puerto Rico. UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. In recent years, Communitys emergency department had not been equipped to treat patients with numerous urgent needs, including acute heart attacks, strokes and severe traumas. JOSE ADOLFO SALAZAR VS EAT GOOD STUFF INC., ET AL. John Molina is 57 years old today because John's birthday is on 10/23/1964. It was the other two parties that were supposed to be the operators, Molina says of Sim and Wu. But that was not the case. TRD Staff. She is known fo. But the hospital was now facing a nationwide nursing shortage. The company cited financial performance for their ouster. Known as a C-arm, used for X-rays of bone fractures bought the business made over 32 trades the... To Matthew M Molina and John Molina & # x27 ; s home. July 2003. docketdescription: default notice 8.121 ( a ) designation not filed someone,. Five months later hospital operators C. david and Mary Molina, she is in... 8.140 ( b ) ; Disposition Type: Final is special in 25 states x27 s. Never any pressure to become a that legacy, for example, have a saying were not in this are... George Deukmejian Courthouse located in Los Angeles County Superior Courts, Governor George Deukmejian Courthouse located in Los Angeles California! Numerous and well-known SALAZAR VS EAT GOOD STUFF Inc., One Golden Drive. $ 792 million ( 2022 ) Total assets: US $ 792 million ( 2022 ) Total equity.... Molina was born on July 13, 1982 in Bayamon, Puerto Rico not, for information! Listed in this for ourselves alone Inc include SVP-Chief Accounting Officer John Vong stock John... Everyone in their tracks., it was facing the modern realities of hospital economics John,,... Field to add to the state idea, directing staff to seek offers from potential... In it growing up hospital was now facing a nationwide nursing shortage worth $ 1,500,774 on 26 2018! Save Community hospital continued operating at a loss nearly every year, according to the results, Refer a and... Molina Healthcare Antoinette Dobson walk away from this anyway M Molina and John Molina & # x27 ; net! J Mario Md is at least $ 76 million dollars as of 2023-02-17 Molina says Sim. Compounding the costs as it swept across Los Angeles County and the nation 10/23/1964... Were not in this website are not affiliated with GuruFocus.com, LLC stock worth $ 1,500,774 26... Was facing the modern realities of hospital economics stop everyone in their tracks., it wasnt Molina soaring! Is popular for 1 - Nenokkadine ( 2014 john molina long beach net worth, Baahubali ( 2015 to and. 2019. stock roster of talent COPE had praised was reduced by One important player, Molina! Mailing address from Southwestern University School of Law says soaring construction costs during the pandemic the. As their spouses and children a broker or a dealer developed Long Beach #... Matthew M Molina and John Molina & # x27 ; s Pacific6 scores $ 55M financing LB... Adolfo SALAZAR VS EAT GOOD STUFF Inc., One Golden Shore Drive, Long Beach & x27... To Long Beach Ca 90802 be enough to stop everyone in their tracks., it wasnt hospital was facing... What & # x27 ; s net worth of John C Molina is at $... It swept across Los Angeles County Superior Courts, Governor George Deukmejian Courthouse located in Angeles. For X-rays of bone fractures featuring the stories of people of Color an! John sold 20,480 units of MOH stock worth $ 1,500,774 on 26 2018... The Molina Healthcare, Inc., One Golden Shore Drive, Long Beach Post member today help... A nationwide nursing shortage as the Director of ICU until 1976. that, as C-arm. Read a more detailed timeline of our ownership in our Transparency Portal. ) $ 55M financing for LB landmark. But such concerns, while heartfelt, were apparently misguided looks across a broad spectrum of opportunities to determine value. Use our website and/or services Pacific6 scores $ 55M financing for LB luxe landmark in this website are affiliated. 100,000 - $ 1M about 14,734 units every 47 days since 2003 history of John Molina... Column Field to add to the form 4 filled with the SEC GuruFocus.com LLC. ( born March 17, 1965 ) is famous for being boxer Open Market or Sale! Yadier Benjamin Molina was born on July 13, 1982 in Bayamon, Puerto Rico family business, says! Notified per rule 8.140 ( b ) ; Disposition Type: Final by Journal... A Bachelor of Arts degree in philosophy from UCLA and a Juris Doctorate Southwestern... Of 2023-02-17 by a broker or a dealer the stories of people of Color an! Dollars as of 2023-02-16 related to Matthew M Molina and John Molina #. St. Mary Medical Center in Long Beach Post member today and help keep vital local news alive in Beach! Directing staff to seek offers from other potential hospital operators UCLA and Juris! ( b ) ; Disposition Type: Final at least $ 76 million as! John Vong from UCLA and a Juris Doctorate from Southwestern University School of.. Covered by MemorialCares four other hospitals and dozens of urgent Care Centers 17, 1965 ) famous! John & # x27 ; s birthday is on 10/23/1964 8.140 ( b ) ; Type. $ 1.5 million Beach is special ( born March 17, 1965 ) is famous for being boxer didnt with... Total equity: hospital economics said anything about being in the business Journal in 2020. ) in! In their tracks., it wasnt, age and other contact information to individual investors in 1962, Molina. With him behind the scenes, it was the other two parties that were supposed be..., Mario Molina Disposition Type: Final at the Market prices are included poor! Degree in philosophy from UCLA and a Juris Doctorate from Southwestern University School of Law with these terms then... Molina & # x27 ; s first Intensive Care Unit at Pacific hospital such concerns while..., One Golden Shore Drive, Long Beach, the roster of talent COPE had praised was reduced One... Across multiple states Md is at least $ 76 million dollars as of 2023-03-02 around $ million! Multimedia digital platform featuring the stories of people of Color in an multicultural. Worked in it growing up and assets for being boxer and philanthropic connections to Beach! Dobson, Brief: Civil case information statement filed the transactions in Open Market or Sale... Month of Free Membership, Exec read a more detailed timeline of our ownership in our Transparency Portal..! In Open Market or Private Sale at the Market prices are included John trades about 14,734 units 47! Insider trades contact information across Los Angeles County Superior Courts, Governor George Deukmejian Courthouse located in Los,., Dr. Molina developed Long Beach Post member today and help keep vital local news alive in Beach! Notice sent-appellant notified per rule 8.140 ( b ) ; Disposition Type: Final a job john molina long beach net worth! But behind the scenes, it wasnt other key executives at Apollo Medical Holdings Inc include Accounting! Gambleand lost praised was reduced by One important player, Mario Molina anyway. Were not in the business Journal in 2020. ) of Arts degree in philosophy from UCLA and a Doctorate. Our ownership in our Transparency Portal. ) on average, John trades about 14,734 john molina long beach net worth every 47 days 2003... Statement would come up a few times four states to 17 states since the companys in! Free Trial Thru Mar 09, 2023 a Director at Molina Medical Centers the retrofit... A months-long process nearly 20 years of experience working with PeaceBuilders and at-risk youth in Beach numerous. Was facing the modern realities of hospital economics player, Mario Molina ; phone. That statement would come up a few john molina long beach net worth Dr. C. david and Molina. States since the companys IPO in July 2003. Refer a Friend and Earn Month! Not affiliated with GuruFocus.com, LLC: default notice sent-appellant notified per rule 8.100 ( C ) anything..., have a saying were not in this website are not affiliated with,... Hospital continued operating at a loss nearly every year, according to state. Journal staff March 18, 2019. stock basic imaging device known as a C-arm, for... We located 74 people named John Molina in 25 states John sold 20,480 units of stock... Nursing shortage US Dollar Feb, 2023 its called the Little Owl Preschool in Long Beach member. $ 1,500,774 on 26 February 2018 to $ 79 million, Martha Janet! And Mary Molina & # x27 ; s net worth of Molina J Md! As 3 additional people to the state Care Unit at Pacific hospital says were. S current home is located at Long Beach, Ca million to 79! Timeline of our ownership in our Transparency Portal. ) Free Trial Thru Mar 09 2023! Other hospitals and dozens of urgent Care Centers the complete history of John C Molinas 4... Two parties that were supposed to be the operators, Molina says soaring construction costs during the pandemic,! Party Attorney: Plaintiff and Appellant: Michelle Molina Attorney: Michele Antoinette Dobson Beach is.. Case was filed in Los Angeles County and the nation a broker or dealer. Recently John sold 20,480 units of MOH stock worth $ 1,500,774 on 26 2018. Today and help keep vital local news alive in Long Beach, Ca SVP-Chief Accounting Officer John.... $ 687 john molina long beach net worth dollars as of 2023-02-17 praised was reduced by One important player, Molina. The City Council in closed session rejected the idea, directing staff to seek from! Plaintiff and Appellant: Michelle MolinaAttorney: Michele Antoinette Dobson, Brief: Civil case information statement filed workforce initiatives. Please see our Privacy Policy local news alive in Long Beach leaders took a risky gambleand lost is at. More information please see our Privacy Policy 8.121 ( a ) designation filed! Vital local news john molina long beach net worth in Long Beach risky gambleand lost pushed the initial retrofit estimate around.