Molina Healthcare Inc. cracked the Fortune 500 in 2012 literally as the 500th company on the list as it continued to grow its businesses in 15 states including California. The 32-year-old company, which grew from a single family-run clinic serving the indigent in Long Beach, where the company is headquartered, is a leader in providing government-assisted health care services through Medicaid and the State Children’s Health Insurance Program and to Medicare patients through its Medicare Advantage plans. The company also owns primary care clinics throughout California and in Florida, New Mexico, Washington and Virginia and through a separate division provides business processing and IT services to Medicaid agencies. The company reported $4.8 billion in 2011 revenue. The founding Molina family owns roughly 38 percent of the company’s shares.
THE QUICK BIO
Jeffrey Barlow joined Molina Healthcare in 2004 as vice president and assistant general counsel, becoming GC, senior vice president and secretary in 2010. Born in Salt Lake City, he majored in philosophy with a minor in Latin at the University of Utah, but started out wanting to be a physicist. Barlow says he graduated a few years late “with five quarters of excess credits” because he “cycled through majors of biology, English and economics” before settling on philosophy as “the quickest route to a college exit.” “I was definitely a dilettante in matters of learning,” he said.
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