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‘We’re Getting Closer and Closer To Bright Going Dark’: Molina Lowers Purchase Price for Bright Health Group’s MA Business

Molina Healthcare has agreed to buy Bright Health Group’s Medicare Advantage business at a reduced price of $500m, down from the original $600m. Analyst Ari Gottlieb said the lowered price could spell financial trouble for Bright Health, which owes JPMorgan $308m and the federal government $380m. He added that it may have been negligent for Molina not to negotiate the price down, given Bright Health’s financial position.

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