Health Care Declines After Molina Warning - Health Care Roundup

Published: 2025-07-07 17:27:07 ET CNC

Published on 07/07/2025 at 17:27

Health-care companies fell amid renewed concerns about health insurers' profitability.

Molina Healthcare echoed larger peers with a profit warning, citing rising medical costs and "off-cycle disclosures" from other companies in the managed-healthcare sector.

Last week, Molina's larger competitor Centene withdrew its financial guidance for 2025. Insurers are under pressure as the recently passed budget bill is set to reduce Medicaid coverage.

Medical-supplies maker Baxter International appointed Andrew Hider as president, chief executive officer and a board member following the abrupt departure of long-time leader Jose Almeida as chairman, president and CEO in February.

Write to Rob Curran at [email protected]

(END) Dow Jones Newswires

07-07-25 1726ET