Molina Healthcare, Inc. (NYSE:MOH) Q4 2023 Earnings Call Transcript

Scott Fidel: Thanks. And then just to clarify, so the 50 bps, that’s for the overall book, right? And then I would assume that, [directionally] (ph) the legacy book probably better in the Bright book, a little worse than the legacy in that? Is that a fair assumption?

Mark Keim: We’re still working our way through that. There will be a couple things going on there. As I mentioned earlier, we’re six weeks into owning it. We’re working through those issues with the team there. There will also be a bunch of dynamics that happen this year. There are actually two entities there. One is Community Health Plan, and the other one, Brand New Day. There will be some issues between them on exactly how we balance the effects of all this between those two entities. So a little bit of work there and not ready to comment on that one.

Joe Zubretsky: But I would say that we’re not anticipating in any analysis when completed on rates that would move us off of achieving the $1 accretion in the third full year of ownership. We’re pretty confident in that trajectory.

Scott Fidel: Okay. All right. Thank you.

Operator: This concludes the question-and-answer session and also concludes the conference call. Thank you for attending today’s presentation. You may now disconnect.