Magellan Health Overview

  • Year Founded
  • 1969

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 9,000

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 8

  • Investments
  • 19

Magellan Health General Information

Description

Provider of managed care services catering to health plans and other managed care organizations, employers, labor unions, various military and governmental agencies and third-party administrators. The company offers behavioral healthcare services, employee assistance program services and specialty areas like diagnostic imaging, pharmacy benefit management services and pharmacy benefit administration to clients.

Contact Information

Formerly Known As
Charter Medical Corporation, Magellan Health Services, Charter Medical Corp
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Corporate Office
  • 8621 Robert Fulton Drive
  • Columbia, MD 21046
  • United States
+1 (800)
Primary Industry
Managed Care
Other Industries
Other Healthcare Services
Practice Management (Healthcare)
Parent Company
Corporate Office
  • 8621 Robert Fulton Drive
  • Columbia, MD 21046
  • United States
+1 (800)

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Magellan Health Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Magellan Health Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of managed care services catering to health plans and other managed care organizations, employers, labor unions
Managed Care
Columbia, MD
9,000 As of 2020

Saint Louis, MO
 

Long Beach, CA
 
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Magellan Health Competitors (38)

One of Magellan Health’s 38 competitors is Express Scripts, a Corporate Backed or Acquired company based in Saint Louis, MO.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Express Scripts Corporate Backed or Acquired Saint Louis, MO
Molina Healthcare Corporation Long Beach, CA
Uprise Health Private Equity-Backed Irvine, CA
OrthoNet Formerly PE-Backed White Plains, NY
HealthHelp Formerly PE-Backed Houston, TX
You’re viewing 5 of 38 competitors. Get the full list »

Magellan Health Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Magellan Health Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Magellan Health Investments & Acquisitions (19)

Magellan Health’s most recent deal was a Early Stage VC with Arine for . The deal was made on 21-Oct-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Arine 21-Oct-2021 Early Stage VC Enterprise Systems (Healthcare)
NeuroFlow 13-Jan-2021 Later Stage VC Outcome Management (Healthcare)
Bayless Integrated Healthcare 21-Dec-2020 Merger/Acquisition Other Healthcare Services
Kaden Health 10-Nov-2020 Early Stage VC Clinics/Outpatient Services
Senior Whole Health 31-Oct-2017 Merger/Acquisition Managed Care
You’re viewing 5 of 19 investments and acquisitions. Get the full list »

Magellan Health Exits (1)

Magellan Health’s most recent exit was on 10-Nov-2020 from Kaden Health. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Kaden Health 10-Nov-2020 Completed
To view Magellan Health’s complete exits history, request access »

Magellan Health Affiliates

Subsidiaries (3)

Name Industry Location Year Founded
CDMI Newport, RI 2009
The Management Group (Healthcare) Fitchburg, WI 1986
Bayless Integrated Healthcare Avondale, AZ 1982

Magellan Health FAQs

  • When was Magellan Health founded?

    Magellan Health was founded in 1969.

  • Where is Magellan Health headquartered?

    Magellan Health is headquartered in Columbia, MD.

  • What is the size of Magellan Health?

    Magellan Health has 9,000 total employees.

  • What industry is Magellan Health in?

    Magellan Health’s primary industry is Managed Care.

  • Is Magellan Health a private or public company?

    Magellan Health is a Private company.

  • What is the current valuation of Magellan Health?

    The current valuation of Magellan Health is .

  • What is Magellan Health’s current revenue?

    The current revenue for Magellan Health is .

  • How much funding has Magellan Health raised over time?

    Magellan Health has raised $130M.

  • Who are Magellan Health’s investors?

    BlackRock, Blum Capital Partners, Dimensional Fund Advisors, Onex (Private Equity), and Starboard Value are 5 of 7 investors who have invested in Magellan Health.

  • Who are Magellan Health’s competitors?

    Express Scripts, Molina Healthcare, Uprise Health, OrthoNet, and HealthHelp are some of the 38 competitors of Magellan Health.

  • When was Magellan Health acquired?

    Magellan Health was acquired on 04-Jan-2022.

  • Who acquired Magellan Health?

    Magellan Health was acquired by Centene and Prime Therapeutics.

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