Magellan Health Inc (MGLN)

Magellan Health, Inc. engages in the healthcare management business. It operates through the following segments: Managed Healthcare, Managed Healthcare Public Sector, Specialty Solutions, Pharmacy Management, and Corporate. The Managed Healthcare 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.