We seek projects both for-profit and non-profit that offer unique potential for economic and social advancement, utilizing best ideas, resources, people, and practices to create an environment for sustained success. It is that we left Long Beach in a better place, more progressive, than when my parents came here in the 50s. City staff will respond to voicemails made after business hours within 24 hours. We needed to hit 50. Michelle's personal network of family, friends, associates & neighbors include Mary Molina, Janet Watt, Ronald Heiman, Josephine Molina and John Heiman. 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? 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.. ; 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 | He currently resides in Puerto Rico. Phone: (562) 570-6099. 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. 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. Melody Petersen is an investigative reporter covering healthcare and business for the Los Angeles Times. TRD Staff. May 03, 2022 10:00 AM. On Tuesday, the company reported its first-quarter results, showing that its total number of insured members jumped by more than 500,000 people to 4,766,000. 3711 Long Beach Blvd. One of the three daughters of Dr. C. David and Mary Molina, she is not in the family business, Molina Healthcare. They wanted us to read., Exploration was also important for the Molina family. It doesnt mean that, as a young Molina, she didnt work with her siblings in the business. John Molina owns over 20,480 units of Molina Healthcare Inc stock worth over $125,062,076 and over the last 19 years John sold MOH stock worth over $64,236,579. Only once in its six years as operator of the city-owned hospital had health care giant MemorialCare turned a profit on the small, 158-bed acute care facility. Since its inception, the company has invested its resources in the development of numerous socially-conscious projects, including the renovation and revitalization of historic landmark properties, aquaculture initiatives to sustainably feed future generations, medical technologies to assist with current and future pandemics, independent media agencies to provide fact-based, hyperlocal journalism, and more. Lived In Huntington Beach CA, Long . In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. There are 600+ professionals named "John Molina", who use LinkedIn to exchange information, ideas, and opportunities. 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. 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. But that plan has now run into troublefor both Molina and Long Beach. 2004-2023 GuruFocus.com, LLC. 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. US$792 million (2022) Total assets: US$12.31 billion (2022) Total equity: . Whats going on? (One councilman was absent and one seat was vacant at the time.). . 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. As a Leadership Long Beach alumnus, Ms. Molina-Watt and two of her fellow classmates worked to design and raise funds to light the Queensway Bay Bridge that leads to the Queen Mary. Then the U.S. government blindsided it, A $150,000 executive protection dog? $1 Million - $5 Million. Vasilomanolakis says he poured his heart and soul into saving the hospital, where he had worked for 39 years. of Check John Molina's phone number, current home address, age and other contact information. 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. This is a risk that we wanted to take and our constituents were asking for.. An avid bicycle commuter, Jon lives in Long Beach with his wife and three children. All Filters. We knew it was failing for a number of reasons and [we were] approached to see if there was a way we could keep it open, says John Bishop, who was chief financial officer for Long Beach Memorial when it took over Community. We didnt go into this completely blind, he says. Molina's operating performance may explain Zubretsky's high compensation. I want to take over the design of an entire building. 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. John's reported annual income is about $200 - 249,999; with a net worth that tops Greater than $499,999. Molina Healthcare Inc (MOH) "So, there was never any pressure to become a . . John is related to John Arthur Molina and Hilda G Molina as well as 3 additional people. by Business Journal Staff March 18, 2019. Insiders trading at Molina Healthcare Inc. . To review the remaining two proposals and offer a recommendation, the city hired Los Angeles-based COPE Health Solutions. 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 current estimated net worth of Molina Healthcare Inc's CFO, John Molina, is estimated to be about $213.37M . Why is this public record being published online? As of 2022, John John Molina's net worth is $100,000 - $1M. Although details of all this are complicated and uncertain, this much seems increasingly clear: the historic property will eventually be lost to the city of Long Beach. Molinawhose Pacific6 Enterprises owns the Long Beach Post and Downtown real estate interestsinsists the demise of Community Hospital had nothing to do with management issues or his favorable lease terms. He lives in Long Beach, California with his wife and three children. But their heart was in the right place. 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. 62,420 shares on February 22, 2018, which Most recently John sold 20,480 units of MOH stock worth $1,500,774 on 26 February 2018. 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. John has made over 32 trades of the Molina Healthcare Inc stock since 2004, according to the Form 4 filled with the SEC. At that time, there was very little distinction between what was family life and what was work life.. John Molina , 57. 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. He actually took me on and I worked with him. I read that quote a long time ago and he and I thought that really says it all.. The hospital did not, for example, have a basic imaging device known as a C-arm, used for X-rays of bone fractures. 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 . On some days, city officials say, the hospital was seeing just two patients. Davids career began in education. Her love of education comes from her parents. GAAP net income for the second quarter of 2021 was $185 million, . 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. He says he lost $30 million, an amount the city is now attempting to verify before potentially parting with its 8.7-acre property. ; Notes: It appearing that the appellant is in default pursuant to Rule 8.140(b), California Rules of Court, the appeal filed March 17, 2021, is dismissed. The company, which offers health care plans for people receiving government assistance through such programs . John John Molina (born March 17, 1965) is famous for being boxer. 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.. 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. Then, just weeks later, the state told the hospital to stand down, that its services were not needed. 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. Raised in Orange County, Michelle has been in Long Beach for over 20 years where she currently lives with her two children and husband, John, CFO for Molina Healthcare. The fact that we had a smaller footprint we thought would be advantageous.. DispositionDescription: Dismissed per rule 8.140(b); Disposition Type: Final. . 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