DE
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134204626
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(State or other jurisdiction of
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(IRS Employer
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incorporation)
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Identification No.)
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The revenue under the Louisiana MMIS contract of Molina Medicaid Solutions from May 1, 2010, the date of its acquisition by the Company, through December 31, 2010, was approximately $32 million. Until the replacement MMIS is designed, developed, and implemented by the vendor that ultimately enters into a contract with the State, Molina Medicaid Solutions will continue to perform under its existing MMIS contract.
Cautionary Statement: This report contains "forward-looking statements" regarding the Lousiana MMIS contract of Molina Medicaid Solutions and the award of a contract for the design, development, and implementation of a replacement MMIS in Lousiana. Actual results may differ materially as a result of the successful protest of the Notice of Intent to Award, risks related to the design, development, and implementation of a replacement MMIS, and risks related to the continued performance of Molina Medicaid Solutions under the existing MMIS contract. Additional information regarding the risk factors that could cause actual results to differ materially is contained in the Company's Form 10-K Annual Report filed with the Securities and Exchange Commission, or SEC, on March 8, 2011, and in the Company's other reports and filings with the SEC and available for viewing on its website at www.sec.gov.
Note: The information in Item 7.01 of this report is being furnished, not filed, pursuant to Regulation FD. Accordingly, the information in this Item 7.01 will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated by reference. The furnishing of the information in this Item is not intended to, and does not, constitute a determination or admission by the Company that the information furnished is material or complete, or that investors should consider this furnished information before making an investment decision with respect to any security of the Company.
MOLINA HEALTHCARE, INC.
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Date: June 10, 2011
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By:
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/s/ Jeff D. Barlow
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Jeff D. Barlow
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Senior Vice President - General Counsel and Secretary
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