Magellan Health Overview

  • Founded
  • 1969
Founded
  • Status
  • Public
  • Employees
  • 9,000
Employees
  • Stock Symbol
  • MGLN
Stock Symbol
  • Investments
  • 18
  • Share Price
  • $94.63
  • (As of Tuesday Closing)

Magellan Health General Information

Description

Magellan Health provides healthcare management services to health plans and other managed care organizations, employers, labor unions, United States government agencies, and third-party administrators. The firm operates in three segments: Healthcare, Pharmacy Management, and Corporate. The Healthcare business manages behavioral healthcare services and employee assistance program services, as well as specialty areas like diagnostic imaging. The Pharmacy Management segment includes pharmacy benefit management (PBM) services, pharmacy benefit administration for Medicaid and other government-sponsored programs, pharmaceutical dispensing operations, and clinical and formulary management programs. The Healthcare business generates the majority of revenue.

Contact Information

Website
www.magellanhealth.com
Formerly Known As
Charter Medical Corporation, Magellan Health Services
Ownership Status
Publicly Held
Financing Status
Pending Transaction (M&A)
Primary Industry
Managed Care
Other Industries
Other Healthcare Services
Stock Exchange
NAS
Primary Office
  • 4800 East Washington Street
  • Suite 4400
  • Phoenix, AZ 85034
  • United States
+1 (800) 000-0000
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Magellan Health Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$94.63 $94.61 $69.35 - $95.43 $2.49B 26.3M 208K $11.94

Magellan Health Financials Summary

In Thousands,
USD 		TTM 30-Jun-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018
EV 2,098,030 2,643,848 1,900,649 1,569,685
Revenue 4,737,494 4,577,531 4,565,613 4,957,522
EBITDA 50,678 84,713 161,137 176,213
Net Income 307,741 382,335 55,902 24,181
Total Assets 3,217,929 3,359,855 3,092,173 2,979,056
Total Debt 524,694 638,376 682,616 752,882
Public Fundamental Data provided by Morningstar, Inc. disclaimer

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
Magellan Health provides healthcare management services to health plans and other managed care organizations, employers,
Managed Care
Phoenix, AZ
9,000 As of 2020
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00000 0000000000 00000000
White Plains, NY
000 As of 0000
0000
000000000000 0000

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0000000 0000
Hartford, CT
00000 As of 0000
00.00 0000-00-00
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Magellan Health Competitors (17)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
OrthoNet Formerly PE-Backed White Plains, NY 000 0000 000000000000 0000
00000 Corporate Backed or Acquired Hartford, CT 00000 000000&0
00000 000000 00000 Corporation Phoenix, AZ 000 00000 000000&0 00000
00000 000000000000 Corporation Eagan, MN 0000
0000000000 Private Equity-Backed Louisville, KY 0000 00.00 000000000 00.00
You’re viewing 5 of 17 competitors. Get the full list »

Magellan Health Executive Team (43)

Name Title Board Seat Contact Info
Barry Smith Chief Executive Officer & Board Member
Kenneth Fasola Chief Executive Officer & Board Member
Mostafa Kamal Chief Executive Officer
James Murray Chief Operating Officer, Operations & President
David Bourdon Chief Financial Officer, Finance
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Magellan Health Board Members (26)

Name Representing Role Since
00000 00000 Magellan Health Chief Executive Officer & Board Member 000 0000
00000000000 0000 00 Self Board Member 000 0000
0. 00000 000000000 Magellan Health Board Member 000 0000
000 0000000 Self Board Member 000 0000
0000000 000000 Magellan Health Chief Executive Officer & Board Member 000 0000
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Magellan Health Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Magellan Health Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Magellan Health Investments & Acquisitions (18)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 13-Jan-2021 00000 00000 00 0000 Outcome Management (Healthcare) 0000000 000000
0000000 0000000000 21-Dec-2020 000000000000000000 000.00 Other Healthcare Services 0000000 000000
00000 (00000000000 10-Nov-2020 00000 (0000000000) 000.00 Clinics/Outpatient Services 0000000 000000
000000 00000 00000 31-Oct-2017 000000000000000000 00000 Managed Care 00000 00000
Veridicus Health 13-Dec-2016 Merger/Acquisition 000.00 Other Healthcare Technology Systems 00000 00000
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Magellan Health Subsidiaries (6)

Company Name Industry Location Founded
CDMI Consulting Services (B2B) Newport, RI 2009
00000000 000000000 Other Commercial Services Cincinnati, OH 0000
000 0000000000 000 Clinics/Outpatient Services Madison, WI 0000
000 00000000 00000 Practice Management (Healthcare) Woodbury, MN 0000
0000000 0000000000 Other Healthcare Services Avondale, AZ 0000
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