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Magellan Health Inc (NASDAQ:MGLN)

61.49
Delayed Data
As of Jul 29
 +1.34 / +2.23%
Today’s Change
52.37
Today|||52-Week Range
73.00
+2.43%
Year-to-Date
SECTOR
Health Services
INDUSTRY
Managed Health Care
MARKET CAP
$1.6B

Company Description

Magellan Health, Inc. engages in the healthcare management business. It operates through the following segments: Managed Healthcare Commercial, Managed Healthcare Public Sector, Specialty Solutions, Pharmacy Management, and Corporate. The Managed Healthcare Commercial segment offers managed behavioral healthcare services and employee assistance programs services provided under contracts with health plans, insurance companies, and managed care organizations. The Managed Healthcare Public Sector segment refers to the management of behavioral health services provided to recipients under Medicaid and other state sponsored programs under contracts with state and local governmental agencies; and the integrated management of physical, behavioral, and pharmaceutical care for special populations covered under Medicaid and other government sponsored programs. The Specialty Solutions segment involves the management of the delivery of diagnostic imaging and a variety of other specialty areas such as radiation oncology, obstetrical ultrasound, cardiology, and musculoskeletal management. The Pharmacy Management segment comprises products and solutions that provide clinical and financial management of drugs paid under medical and pharmacy benefit programs. The Corporate segment includes operational support functions such as sales and marketing and information technology, and corporate support functions such as executive, finance, human resources, and legal. The company was founded in 1969 and is headquartered in Scottsdale, AZ.

Contact Information

Magellan Health, Inc.
4800 Scottsdale Road
Scottsdale Arizona 85251
P:(602) 572-6050
Investor Relations:
(860) 645-6464

Employees

Shareholders

Other institutional49.94%
Mutual fund holders45.61%
Individual stakeholders21.17%

Top Executives

Barry M. SmithChairman & Chief Executive Officer
Jonathan N. RubinChief Financial Officer & Executive Vice President
Gary D. AndersonChief Information Officer
Karen AmstutzChief Medical Officer
Daniel N. GregoireSecretary, Executive VP & General Counsel