With a 47 percent jump in premium revenue, California-based managed care company Molina Healthcare witnessed a steep rise in revenues through 2021. The company’s revenue skyrocketed to 43 percent year over year to a total of $27.8 billion. Besides, the payer’s premium revenue surged to $26.9 billion, a 47 percent rise year over year. In the fourth quarter alone, Molina Healthcare saw premium revenue rise 47.8 percent to $7.2 billion.

Source: Becker’s Payer