Company type | Subsidiary |
---|---|
Nasdaq: MGLN | |
Industry | Managed health care |
Founded | 1969[1] |
Headquarters | Phoenix, Arizona, United States |
Key people | Derrick A. Duke (CEO) |
Revenue | US$ 4.6 billion (FY 2020) [2] |
US$ 4.0 million (FY 2020) [2] | |
Total assets | US$ 1.14 billion (FY 2020) [2] |
Number of employees | 9,092[3] (2021) |
Parent | Centene Corporation |
Website | www |
Magellan Health Inc. (formerly Magellan Health Services Inc.), is an American for-profit managed health care company and subsidiary of Centene that's focused on special populations, complete pharmacy benefits and other specialty areas of healthcare. Magellan supports innovative ways of accessing better health through technology, while remaining focused on the critical personal relationships that are necessary to achieve a healthy, vibrant life. Magellan's customers include health plans and other managed care organizations, employers, labor unions, various military and governmental agencies and third-party administrators. It ranked 390 on the Fortune 500 in 2021.[4]