Magellan Health, Inc.
NASDAQ Global SelectCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Kenneth Fasola
- Full Time Employees
- 9,000
- Sector
- Healthcare
- Industry
- Medical - Healthcare Plans
- Address
- 4801 E Washington St Phoenix AZ United States of America 85034
- IPO Date
- Jan 6, 2004
- CIK
- 0000019411
- Website
- magellanhealth.com
- Similar Companies
- Business
- Magellan Health, Inc. (MGLN) is a managed healthcare company and subsidiary of Centene Corporation that specializes in behavioral health, pharmacy management, and specialty healthcare services for health plans, employers, government agencies, labor unions, and third-party administrators primarily in the United States. The company offers comprehensive solutions including behavioral health management through carve-out services, employee assistance programs (EAP), diagnostic imaging, musculoskeletal management, cardiac care, physical medicine, and crisis intervention; pharmacy management encompassing clinical and financial oversight of pharmaceuticals under medical and pharmacy benefits; and integrated care models for special populations such as military personnel, Medicaid beneficiaries, and complex cases via advanced technology, data analytics, and provider networks. Founded in 1969 and headquartered in Scottsdale, Arizona, Magellan Health operates nationwide with a workforce exceeding 9,000 employees, focusing on population health, condition management, suicide prevention, and whole-person care coordination. In recent developments, Centene acquired Magellan Health in January 2022 for $2.2 billion, subsequently divesting Magellan Rx Management to Prime Therapeutics and Magellan Specialty Health (including radiology and musculoskeletal services) to Evolent Health in late 2022 for over $750 million while establishing a strategic partnership; additionally, in June 2025, Magellan Healthcare secured a contract to administer Louisiana's Early Childhood Supports and Services Program.
Triplemoon Appoints Dr. Caroline Carney, CEO of Magellan Health, to Board of Directors
Magellan Health White Paper Reveals Breakthrough in Pediatric Behavioral Health Outcomes through Collaborative Care
Magellan Health Appoints Dr. Caroline Carney as Chief Executive Officer
Magellan Health Opens 24-hour Crisis Line for Individuals Impacted by New Mexico Flash Flooding
Magellan Health Opens 24-hour Crisis Line for Individuals Impacted by Flooding in Texas
Magellan Health Appoints James Thornbrugh as President of Magellan Federal
Laguna Treatment Center Pilots Value-Based Care with Magellan Health, Leading the Way for Better Patient Outcomes in Addiction Treatment
Magellan Health and Calm Health Partner to Help Direct Magellan Members to Appropriate Mental Health Support
Magellan Health Enhances Suicide Prevention Risk Management Program
Magellan Health Introduces Digital Cognitive Behavioral Therapy Programs for Children and Adolescents
Magellan Health Announces Market Leadership Appointments
Magellan Health Launches iMclusion – a New DEI Solution for Employers
Magellan Health Named to Newsweek's 2023 List of the “Most Trustworthy Companies in America”
Magellan Health Exceeds Benchmarks with Value-Based Reimbursement Program for Behavioral Healthcare Providers
Magellan Health Appoints Anna Sever as President of Magellan Federal
Magellan Health Opens 24-hour Crisis Line for Individuals Impacted by the School Shooting in St. Louis, Missouri
Magellan Health Opens 24-hour Crisis Line for Individuals Impacted by Hurricane Ian
Magellan Health Appoints Tom Britt as Chief Information Officer
Magellan Health Appoints Derrick Duke as Chief Executive Officer
Magellan Health Announces Total Wellbeing Solution for Employers