Magellan Health Overview

  • Founded

  • 1969

Founded
  • Status

  • Acquired/​Merged

  • Employees

  • 5,720

Employees
  • Latest Deal Type

  • M&A

  • Financing Rounds

  • 7

  • Investments

  • 20

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
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Primary Industry
Other Healthcare Services
Other Industries
Practice Management (Healthcare)
Parent Company
Centene
Primary Office
  • 8621 Robert Fulton Drive
  • Columbia, MD 21046
  • United States
+1 (800) 000-0000

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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
Magellan Health provides healthcare management services to health plans and other managed care organizations, employers,
Other Healthcare Services
Columbia, MD
5,720 As of 2022
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Gainesville, GA
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Plymouth Meeting, PA
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Magellan Health Competitors (33)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ProCare Pharmacy Benefit Manager Private Debt Financed Gainesville, GA 000 00000 000000000 00000
000000 00000000 Formerly PE-Backed Plymouth Meeting, PA 000 000000&0
000000000 00000000 Formerly PE-Backed San Diego, CA 0000 00000 00000000000 00000
0000 00 0000 Private Equity-Backed New York, NY 00 00 000000
0000000 0000000 Corporate Backed or Acquired Saint Louis, MO 00000 000000&0
You’re viewing 5 of 33 competitors. Get the full list »

Magellan Health Executive Team (50)

Name Title Board Seat Contact Info
Derrick Duke Chief Executive Officer
Mostafa Kamal Chief Executive Officer, Rx Management
Caroline Carney MD Chief Medical Officer & President, Behavioral Health
Teresa Alcorn Chief Financial Officer
Lee Meiss Chief Operating Officer, Senior Vice President & Chief Transformation Officer
You’re viewing 5 of 50 executive team members. Get the full list »

Magellan Health Board Members (24)

Name Representing Role Since
000000 0000000 00 Self Board Member 000 0000
0000000 0000000 Self Board Member 000 0000
0000000 0000000 Self Board Member 000 0000
00000 0000 00 Self Board Member 000 0000
00000 0000 Self Board Member 000 0000
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Magellan Health Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-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 Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Magellan Health Investments & Acquisitions (20)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 21-Oct-2021 00000 0000 000.00 Outcome Management (Healthcare)
000000000 13-Jan-2021 00000 0000 0000 Outcome Management (Healthcare) 0000000 0
0000000 00000 21-Dec-2020 0000000000 000.00 Other Healthcare Services 0000000 0
00000 000000 10-Nov-2020 00000 0000 000.00 Clinics/Outpatient Services 0000000 0
Senior Whole Health 31-Oct-2017 Merger/Acquisition 00000 Managed Care 00000 000
You’re viewing 5 of 20 investments and acquisitions. Get the full list »

Magellan Health Subsidiaries (4)

Company Name Industry Location Founded
Bayless Integrated Healthcare Other Healthcare Services Avondale, AZ 2012
0000 Consulting Services (B2B) Newport, RI 0000
000 0000000000 000 Clinics/Outpatient Services Madison, WI 0000
000 00000000 00000 Practice Management (Healthcare) Woodbury, MN 0000
To view Magellan Health’s complete subsidiaries history, request access »

Magellan Health Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 000000 10-Nov-2020 00000 00000 00 000.00 Completed
  • 00000000 000000
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