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Last €55.02 EUR
Change Today -0.259 / -0.47%
Volume 0.0
MAH1 On Other Exchanges
As of 2:00 AM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

magellan health inc (MAH1) Snapshot

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04/14/15 - €67.23
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08/13/14 - €40.61
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magellan health inc (MAH1) Details

Magellan Health, Inc. engages in the healthcare management business in the United States. The company’s Managed Healthcare Commercial segment offers managed behavioral healthcare services, as well as employee assistance programs services. Its Managed Healthcare Public Sector segment is involved in the management of behavioral health services for recipients under contracts with state and local governmental agencies; and integrated management of physical, behavioral, and pharmaceutical care for special populations covered under Medicaid and other government sponsored programs. The company’s Specialty Solutions segment provides specialty solutions, such as the delivery of diagnostic imaging and various other specialty areas comprising radiation oncology, obstetrical ultrasound, cardiology, and musculoskeletal management. This segment offers specialty solutions under contracts with health plans and insurance companies for its commercial, Medicaid, and Medicare members. Its Pharmacy Management segment provides pharmacy management products and solutions that offer clinical and financial management of drugs paid under medical and pharmacy benefit programs, including traditional pharmacy benefit management (PBM); pharmacy benefit administration for state Medicaid and other government sponsored programs; specialty pharmaceutical dispensing operations, and contracting and formulary optimization programs; medical pharmacy management programs; and programs for the management of specialty drugs, which treat complex conditions, as well as subcontract arrangements to provide PBM services for public sector customers. The company offers its services to health plans, managed care organizations, employers, labor unions, various military and governmental agencies, third party administrators, consultants, brokers, and insurance companies. Magellan Health, Inc. was founded in 1969 and is based in Scottsdale, Arizona.

6,600 Employees
Last Reported Date: 02/26/15
Founded in 1969

magellan health inc (MAH1) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $975.0K
Chief Financial Officer
Total Annual Compensation: $496.8K
Chief Executive Officer of Magellan Healthcar...
Total Annual Compensation: $518.8K
General Counsel and Secretary
Total Annual Compensation: $430.2K
Compensation as of Fiscal Year 2014.

magellan health inc (MAH1) Key Developments

Magellan Health, Inc. Appoints John Littel as Senior Vice President of Government Affairs and Communications

Magellan Health, Inc. announced that John Littel has joined the company as senior vice president of government affairs and communications. In this role, Littel will lead the government affairs strategy for the enterprise, while strengthening federal and state relationships across its business units. Littel will also help Magellan navigate the evolving healthcare marketplace, particularly opportunities and requirements under the Affordable Care Act, and enable new market entry in support of overall growth objectives. In addition, Littel will lead Magellan’s enterprise communications strategies to both internal and external audiences. Prior to joining Magellan, Littel served as interim senior vice president of government affairs for WellPoint, where he reorganized their public affairs efforts and led the integration of their newly-acquired Amerigroup team. For the preceding 12 years, he served as executive vice president of external affairs for Amerigroup, where he developed and managed a national public affairs program at the federal and state levels, and led the company’s growth and business development functions, including sales and marketing, eBusiness and corporate communications.

Magellan Health, Inc. Presents at Leerink Partners Healthcare Services & HCIT Roundtable, Jun-18-2015 02:10 PM

Magellan Health, Inc. Presents at Leerink Partners Healthcare Services & HCIT Roundtable, Jun-18-2015 02:10 PM. Venue: The Palace Hotel, New York, New York, United States. Speakers: Jonathan N. Rubin, Chief Financial Officer.

Magellan Health Eyes Acquisitions

Magellan Health, Inc. (NasdaqGS:MGLN) is looking for acquisitions. Chairman Barry Smith said, " We've been looking for both Part D capability, as well as mail service. We've gone ahead, and we've developed our own mail-service capability and facility. That'll open the third quarter of this year, so we'll have that. I would still love to acquire another entity. I think it's important to have two facilities. We'd love the book of business that comes with that, as well."


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Price/Earnings 26.7x
Price/Sales 0.4x
Price/Book 1.4x
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