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Molina Healthcare's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Molina Healthcare (MOH)

Q4 2011 Earnings Call

February 23, 2012 5:00 pm ET

Executives

Juan José Orellana -

Joseph Mario Molina - Chairman, Chief Executive Officer and President

John C. Molina - Chief Financial Officer, Executive Vice President of Financial Affairs, Treasurer, Director and Member of Compliance Committee

Joseph W. White - Principal Accounting Officer and Vice President of Accounting

Terry P. Bayer - Chief Operating Officer

Analysts

Carl R. McDonald - Citigroup Inc, Research Division

Charles Andrew Boorady - Crédit Suisse AG, Research Division

Scott J. Fidel - Deutsche Bank AG, Research Division

Joshua R. Raskin - Barclays Capital, Research Division

Kenneth Lavine - UBS Investment Bank, Research Division

Sarah James - Wedbush Securities Inc., Research Division

Melissa McGinnis - Morgan Stanley, Research Division

Presentation

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Molina Healthcare Fourth Quarter and Year End 2011 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded, Thursday, February 23, 2012. I would now like to turn the conference call over to Juan José Orellana, VP of Investor Relations. Please go ahead, sir.

Juan José Orellana

Thank you, George. Hello, everyone, and thank you for joining us. The purpose of this call is to discuss Molina Healthcare's financial results for the fourth quarter and fiscal year ended December 31, 2011. The company's earnings release reporting its results was issued today after the market closed and is now posted for viewing on our company website.

On the call with me today are Dr. Mario Molina, our CEO; John Molina, our CFO; Terry Bayer, our COO; and Joseph White, our Chief Accounting Officer. After the completion of our prepared remarks, we will open the call to take your questions. [Operator Instructions]

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