MGLN Profile
Magellan Health, Inc. (MGLN) is a healthcare management company that provides a range of services to various organizations in the healthcare industry. The company is headquartered in Scottsdale, Arizona, USA.
Magellan Health operates through several subsidiaries, including Magellan Healthcare, Magellan Complete Care, and Magellan Rx Management. The company's services include managed healthcare, behavioral healthcare, pharmacy benefit management, and employee assistance programs. Magellan Health serves a range of customers, including health plans, employers, government agencies, and third-party administrators.
Magellan Health is committed to improving the health and well-being of the individuals and communities it serves. The company has a reputation for high-quality services and innovative solutions that help improve healthcare outcomes.
Investing in healthcare companies like Magellan Health carries certain risks, including the potential for market fluctuations, changes in government policies, and competition from other companies. Additionally, the performance and returns of these companies can be influenced by various factors, including economic conditions, changes in healthcare regulations, and technological advancements. Potential investors should carefully consider these risks before making any investment decisions.
As of February 2023, the current market capitalization of Magellan Health is approximately $1.4 billion.
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