Last $60.63 USD
Change Today -0.59 / -0.96%
Volume 71.2K
MGLN On Other Exchanges
As of 1:12 PM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

magellan health inc (MGLN) Snapshot

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07/3/14 - $63.81
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magellan health inc (MGLN) Details

Magellan Health, Inc. is engaged in the healthcare management business in the United States. The company, through its contracted network of third-party treatment providers, offers managed behavioral healthcare services, including outpatient programs, such as counseling or therapy; intermediate care programs comprising intensive outpatient programs and partial hospitalization services; and inpatient treatment and crisis intervention services. It also offers specialty solutions, such as the delivery of diagnostic imaging and other various specialty areas, such as radiation oncology, obstetrical ultrasound, cardiology, and pain management, including spine surgery and musculoskeletal management. The company provides specialty solutions under contracts with health plans and insurance companies for its commercial, Medicaid, and Medicare members. In addition, it offers pharmacy management products and solutions that provide clinical and financial management of drugs paid under medical and pharmacy benefit programs, including traditional pharmacy benefit management; 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 drugs that treat complex conditions. Magellan Health, Inc. provides its services to health plans, managed care organizations, insurance companies, employers, labor unions, various military and governmental agencies, third party administrators, and brokers. The company was formerly known as Magellan Health Services, Inc. and changed its name to Magellan Health, Inc. in June 2014. Magellan Health, Inc. was founded in 1969 and is based in Avon, Connecticut.

5,949 Employees
Last Reported Date: 03/3/14
Founded in 1969

magellan health inc (MGLN) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $900.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $480.6K
Chief Executive Officer of National Imaging A...
Total Annual Compensation: $437.8K
General Counsel
Total Annual Compensation: $417.1K
Compensation as of Fiscal Year 2013.

magellan health inc (MGLN) Key Developments

Magellan Health, Inc. Provides Earnings Guidance for the Full Year of 2015

Magellan Health, Inc. provided earnings guidance for the full year of 2015. For the full year of 2015, the company expects to generate net revenue in the range of $4.25 billion to $4.49 billion, and net income attributable to Magellan Health, Inc. in the range of $51 million to $67 million, which translates into diluted earnings per share (EPS) in the range of $1.90 to $2.50, inclusive of share repurchases to date. Adjusted net income for 2015 is expected to be in the range of $88 million to $100 million, which equates to adjusted EPS in the range of $3.28 to $3.73. The company expects segment profit to be in the range of $265 million to $285 million. Cash flow from operations is expected to be in the range of $171 million to $195 million, depreciation and amortization in the range of $99.0 million to $95.0 million, interest expense in the range of $8.0 million to 6.0 million, income before income taxes in the range of $99.0 million to 136.0 million, net cash provided by operating activities in the range of $171.0 million to 195.0 million, capital expenditures in the range of $74.0 million to 64.0 million.

Magellan Eyes Acquisitions

Magellan Health, Inc. (NasdaqGS:MGLN) is looking for acquisition opportunities. Barry Smith, Chairman and Chief Executive Officer of Magellan, said, we expect strong organic growth in our pharmacy business in 2015, we also continue to look for acquisitions that will expand our capabilities or increase our scale.

Magellan Health, Inc. Presents at 33rd Annual J.P. Morgan Healthcare Conference, Jan-14-2015 01:30 PM

Magellan Health, Inc. Presents at 33rd Annual J.P. Morgan Healthcare Conference, Jan-14-2015 01:30 PM. Venue: Westin St. Francis Hotel, San Francisco, California, United States. Speakers: Barry M. Smith, Chairman and Chief Executive Officer.


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Valuation MGLN Industry Range
Price/Earnings 22.3x
Price/Sales 0.4x
Price/Book 1.5x
Price/Cash Flow 10.3x
TEV/Sales 0.3x

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