June 23, 2018 7:18 PM ET

Healthcare Providers and Services

Company Overview of Magellan Behavioral Health of Pennsylvania, Inc.

Company Overview

Magellan Behavioral Health of Pennsylvania, Inc. operates as a subsidiary of Merit Behavioral Care Corporation.

6950 Columbia Gateway Drive

Columbia, MD 21046

United States

Key Executives for Magellan Behavioral Health of Pennsylvania, Inc.

Chief Executive Officer
Age: 53
Compensation as of Fiscal Year 2017.

Magellan Behavioral Health of Pennsylvania, Inc. Key Developments

The County of Cambria, Pennsylvania selects Magellan Behavioral Health of Pennsylvania, Inc. as MCO of the HealthChoices Behavioral Health program for Cambria County

On December 22, 2016, the County of Cambria, Pennsylvania, announced that it has selected Magellan Behavioral Health of Pennsylvania Inc., to be the MCO of the HealthChoices Behavioral Health program for Cambria County (Cambria). The contract will be for a two-year period beginning on July 1, 2017, with the potential for an additional one-year renewal period. The contract is expected to generate annual revenue in the range of approximately $35 million to $40 million. This represents the sixth county in the Commonwealth of Pennsylvania for which the Company is the behavioral health MCO. The company's combined annualized revenues for these six counties is projected to be approximately $500 million. The Company and Cambria are in the process of finalizing and executing the contract, and there can be no assurance that final agreement will be reached.

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Recent Private Companies Transactions

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