Magellan Health Services Inc.

Public Company, Headquarters Location
55 Nod Rd., Avon, CT 06001-3819, United States
(877)645-6464, (860)507-1900, (860)507-1990 fax, http://www.magellanhealth.com

Primary SIC: Psychiatric Hospitals, Primary NAICS: Psychiatric and Substance Abuse Hospitals
Description: Magellan Health Services Inc. provides services to health plans, insurance companies, corporations, labor unions and various governmental agencies. The company's business divides into five segments, based on the services it provides and the customers that it serves. The managed behavioral healthcare commercial segment reflects managed behavioral healthcare services and EAP services provided under contracts with managed care companies, health insurers and other health plans for some or all of their commercial, Medicaid and Medicare members, as well as with employers, including corporations and governmental agencies, and labor unions. The managed behavioral healthcare public sector segment reflects managed behavioral healthcare services provided to Medicaid recipients under contracts with state and local governmental agencies. The radiology benefits management segment reflects the management of the delivery of diagnostic imaging services to ensure that such services are clinically appropriate and cost effective. The specialty pharmaceutical management segment reflects the management of specialty drugs used in the treatment of cancer, multiple sclerosis, hemophilia, infertility, rheumatoid arthritis and other diseases. The corporate and other business segment is comprised of operational support functions such as sales, marketing and information technology, as well as corporate support functions such as executive, finance, human resources and legal. Based in Avon, Connecticut, Magellan leases approximately 1.2 million square feet of office space comprising 68 offices in 21 states and the District of Columbia. More

Services: Operator of psychiatric hospitals and residential treatment centers.