Magellan Health

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Kenneth J. Fasola's photo - CEO of Magellan Health

CEO

Kenneth J. Fasola

CEO Approval Rating

97/100

Founded:

1969

Status:

PublicAcquisition Pending from Centene CorpNASDAQMGLN

MAGELLAN HEALTH TOP COMPETITORS OR ALTERNATIVES

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CEO

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Navitus is Magellan Health's #1 competitor. Navitus's headquarters is in Madison, Wisconsin, and was founded in 2003. Like Magellan Health, Navitus also works within the Health Care Services sector. Navitus generates 10% of Magellan Health's revenue.

AIM Specialty Health is one of Magellan Health's top rivals. AIM Specialty Health was founded in Deerfield, Illinois} in 1989. AIM Specialty Health operates in the Health Care Services industry. Compared to Magellan Health, AIM Specialty Health generates $4.2B less revenue.

HealthHelp is one of Magellan Health's top competitors. HealthHelp is a Private company that was founded in 1999 in Houston, Texas. HealthHelp is in the Health Care Services industry. Compared to Magellan Health, HealthHelp has 10,099 fewer employees.

Magellan Health Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$4.6B

Magellan Health's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 26.1B. Over the last four quarters, Magellan Health's revenue has grown by 5.6%. Specifically, in Q1 2021's revenue was $1.2B; in Q4 2020, it was $1.2B; in Q3 2020, it was $1.2B; in Q2 2020, Magellan Health's revenue was $1.1B.

Magellan Health Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Bayless Integrated Healthcare Group

Dec 2020

Source »
undisclosed
Bayless ia an integrated healthcare organization that offers primary care, pediatrics, behavioral health and virtual support services.
Senior Whole Health LLC

Jul 2017

Source »
$400M
SWH owns and operates a healthcare organization that provides in-home support and personal care management services.
Veridicus Health

Nov 2016

Source »
$74.5M
Veridicus Health provides clinical care management, medication therapy management and pharmacy benefit manager services.
AFSC/Magellan Federal

May 2016

Source »
$117.5M
AFSC offers retirement and survivor planning, document storage, insurance counseling and VA claim assistance services.
The Management Group Inc.

Jan 2016

Source »
undisclosed
TMG is an IRIS Consultant Agency offering self-direct their long-term care services for individuals.

These are all the companies that Magellan Health has acquired. Magellan Health has acquired 9 companies and its latest acquisition was Bayless Integrated Healthcare Group in Dec 2020. Bayless ia an integrated healthcare organization that offers primary care, pediatrics, behavioral health and virtual support services.

Magellan Health Funding History

No recent funding data found related to Magellan Health

Magellan Health Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

NeuroFlow is a Pennsylvania-based behavioral health platform that provides patient monitoring and performance management solutions for healthcare organizations.
$20M
Jan 12, 2021
Series B
-
Kaden is a behavioral health company that provides addiction recovery services for individuals.
$20M
Oct 28, 2020
Corporate Round
-

These are all the companies that Magellan Health has invested in. Magellan Health has invested 2 companies and its latest investment was NeuroFlow in Jan 12,. NeuroFlow is a Pennsylvania-based behavioral health platform that provides patient monitoring and performance management solutions for healthcare organizations.

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Magellan Health Headquarters

4801 E. Washington Street

Phoenix, Arizona85034

800-642-1716

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Magellan Health Summary

ABOUT

Overview

Magellan Health is a managed health care company that offers behavioral healthcare, advanced imaging and pharmacy benefits services. Magellan Health was founded in 1969. Magellan Health's headquarters is located in Phoenix, Arizona, USA 85034. Magell...

CEO

Magellan Health's CEO, Kenneth J. Fasola, currently has an approval rating of 97%. Magellan Health's primary competitors are Navitus, AIM Specialty Health & HealthHelp.

Frequently Asked Questions about Magellan Health

  1. When was Magellan Health founded?

    Magellan Health was founded in 1969
  2. Who is Magellan Health's CEO?

    Magellan Health's CEO is Kenneth J. Fasola
  3. How much revenue does Magellan Health generate?

    Magellan Health generates $4.6B in revenue
  4. How much funding does Magellan Health have?

    Magellan Health has historically raised $0 in funding
  5. Where is Magellan Health's headquarters?

    Magellan Health's headquarters is in Phoenix Arizona, USA
  1. How many employees does Magellan Health have?

    Magellan Health has 10,500 employees
  2. What sector does Magellan Health operate in?

    Magellan Health is in Health Care Services
  3. Who are Magellan Health's competitors?

    Magellan Health's top competitors are Navitus, AIM Specialty Health, HealthHelp
  4. Who has Magellan Health invested in?

    Magellan Health's has invested in companies such as NeuroFlow, Kaden Health, Inc.