Dr. J. Mario Molina is buying 17 clinics from the company that bears his family name.
The former CEO of Molina Health, who was unexpectedly ousted earlier this year, said the company is getting out of the primary-care business to focus on insurance. The California clinics, some of which his father opened when he began the company in 1980, serve about 120,000 patients annually. Mario Molina already owns the medical group that staffs the California clinics. Molina Healthcare said it could not comment on ongoing negotiations and would not confirm that it is closing its primarycare clinics, or that it is selling them to Mario Molina.