Magellan Health
1969
FOUNDED
PUBLIC
STATUS
10K-15K
EMPLOYEES
MGLN
STOCK SYMBOL
15
INVESTMENTS
$65.48
SHARE PRICE
(As of Friday Closing)
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 two segments: Healthcare and 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.
Website
Formerly Known As
Charter Medical Corporation, Magellan Health Services
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Managed Care
Other Industries
Hospitals/Inpatient Services
Other Healthcare Services
Stock Exchange
NAS
Primary Office
- 4800 North Scottsdale Road
- Suite 4400
- Scottsdale, AZ 85251
- United States
+1 (877) 000-0000
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Magellan Health Stock Performance
| 52 wk Range | Market Cap | Prev. Close | EPS | Average Volume | Shares |
|---|---|---|---|---|---|
| $51.88 - $99.90 | $1.57B | $65.43 | $0.52 | 261K | 24M |
Magellan Health Financials Summary
|
In Thousands,
USD |
TTM
31-Mar-2019
|
FY 2018
31-Dec-2018
|
FY 2017
31-Dec-2017
|
FY 2016
31-Dec-2016
|
|---|---|---|---|---|
| Enterprise Value | 1,675,151 | 1,524,298 | 2,337,661 | 1,568,457 |
| Revenue | 7,248,563 | 7,314,151 | 5,838,583 | 4,836,884 |
| EBITDA | 185,319 | 197,182 | 271,020 | 258,938 |
| Net Income | 13,160 | 24,181 | 110,207 | 77,879 |
| Total Assets | 3,071,157 | 2,979,056 | 2,957,234 | 2,443,687 |
| Total Debt | 747,931 | 752,882 | 853,737 | 618,379 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
Magellan Health Valuation and Funding
| Deal Type | Date | Amount | Post-Val | Valuation/ EBITDA |
Debt | Status |
|---|
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Request full access to PitchBookMagellan Health Competitors (11)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| UnitedHealth Group | Corporation | Minneapolis, MN | 000000 | 00000 | 000000000 | 00000 |
| 00000000 000000 00 | Formerly PE-Backed | Tampa, FL | 00000 | 00000 | 000000&0 | 00000 |
| 0000000000000000 | Formerly PE-Backed | Minnetonka, MN | 0000 | 00000000000 | ||
| 000000 0000000000 | Corporation | Long Beach, CA | 00000 | 00000 | 00000000 | 00000 |
| 00000000 | Formerly PE-Backed | White Plains, NY | 000 | 0000 | 000000000000 | 0000 |
Magellan Health Investments & Acquisitions (15)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000000 00000 00000 | 31-Oct-2017 | 000000000000000000 | 00000 | Managed Care | 00000 00000 |
| 000000000 000000 | 13-Dec-2016 | 000000000000000000 | 000.00 | Other Healthcare Technology Systems | 00000 00000 |
| 00000 000000 00000 | 05-Jul-2016 | 000000000000000000 | 00000 | Other Commercial Services | 000 0000000000 |
| 000 0000000000 000 | 29-Feb-2016 | 000000000000000000 | Clinics/Outpatient Services | 00000 00000 | |
| 4D Pharmacy Management Systems | 01-Apr-2015 | Merger/Acquisition | 0000 | Practice Management (Healthcare) | 000000 00000 |
Magellan Health Subsidiaries (6)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| CDMI | Consulting Services (B2B) | Newport, RI | 2009 |
| 00000000 000000000 | Other Commercial Services | Cincinnati, OH | 0000 |
| 00 00000000 000000 | Practice Management (Healthcare) | Troy, MI | 0000 |
| 000 0000000000 000 | Clinics/Outpatient Services | Madison, WI | 0000 |
| 000 00000000 00000 | Practice Management (Healthcare) | Woodbury, MN | 0000 |
Magellan Health Investors
| Investor Name | Investor Type | Holding | Participating Rounds | Investor Since | Board Seat | Contact Info |
|---|
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Request full access to PitchBookMagellan Health Executive Team (32)
14 Former Executives
You’re viewing 5 of 32 executives. Get the full list »Magellan Health Board Members (15)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| 00000 00000 | Magellan Health | Chairman & Chief Executive Officer | 000 0000 | |
| 0000 000000 | Self | Board Member | 000 0000 | |
| 0000 00000000 00 | Self | Board Member | 000 0000 | |
| 000 00000 | Self | Board Member | 000 0000 | |
| 0000 0000000 | Self | Board Member | 000 0000 |
5 Former Board Members
You’re viewing 5 of 15 board members. Get the full list »