Molina Healthcare Acquires of Abri Health Plan (MOH)

Molina Healthcare, Inc. MOH today announced that, effective September 1, 2010, it has closed on its acquisition of Abri Health Plan, a Medicaid managed care organization based in Milwaukee, Wisconsin. The purchase price for the acquisition is approximately $16 million, subject to adjustments. As of July 30, 2010, Abri Health Plan served approximately 18,000 Medicaid members.