| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
26 |
| Employees |
12,200 |
| Revenues (TTM) (Millions $) |
4,150 |
| Net Income (TTM) (Millions $) |
302 |
| Cash Flow (TTM) (Millions $) |
886 |
| Capital Exp. (TTM) (Millions $) |
67 |
Business Description
Magellan Health Inc. is a leading healthcare management company that was founded in 1969 and headquartered in Scottsdale, Arizona. The company provides a range of health management services to clients such as health plans, employers, government agencies, labor unions, and other organizations. With decades of industry experience, Magellan Health has evolved to become an expert in population health management, member engagement, behavioral health, and specialty areas of healthcare.
The company offers a broad suite of health management programs, including Employee Assistance Programs (EAPs), Health Plans, Pharmacy Benefit Management (PBM), Medicaid Management Information Systems (MMIS), and Managed Care, among others. The Health IT segment of the company offers a wide range of software solutions for healthcare providers and payers who manage the healthcare of people with mental health or substance abuse issues, which are known as behavioral health conditions.
Magellan provides a range of behavioral health services, including addiction treatment, autism care, depression and anxiety management, and even post-traumatic stress disorder. The companyes expertise in behavioral health and its innovative solutions have made it a leader in the industry providing comprehensive and integrated care.
One of the companyes main strengths is its focus on quality management, which is based on data analytics and outcome measurement. Magellan's proprietary analytics platform, known as the eMagellan Complete Care,e enables the company to collect and analyze a vast amount of data, refine processes, and provide performance feedback that helps healthcare providers in delivering high-quality healthcare services.
Magellan Healthes diversified portfolio of solutions and comprehensive offerings enables it to cater to a broad range of clients both in the private and public sectors. The company has operations in 49 states in the United States, as well as in Puerto Rico, the District of Columbia, and the U.S. Virgin Islands.
Overall, Magellan Health is a premier healthcare management company that prides itself on addressing the complex needs of today's healthcare system by providing tailored solutions to its clients that result in improved outcomes at a lower cost.
Company Address: 4801 E. Washington Street Phoenix 85034 AZ
Company Phone Number: 642-1716 Stock Exchange / Ticker: NASDAQ MGLN
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1.55% 