Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Magellan Health Inc    MGLN

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Magellan Health Services Inc : Magellan Health Services of Arizona Receives National Recognition for Suicide Prevention Program

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/16/2012 | 10:50pm CET

Today, at the National Council for Community Behavioral Healthcare's Mental Health and Addictions Conference in Chicago, Magellan Health Services of Arizona, a subsidiary of Magellan Health Services, Inc. (NASDAQ: MGLN), will receive the National Council's Award of Excellence in Service Innovation for its Programmatic Suicide Deterrent System.

"We are thrilled to accept this award from the National Council and pleased to donate the $10,000 prize to the Suicide Prevention Resource Center (SPRC)," said Richard Clarke, Ph.D., CEO of Magellan Health Services of Arizona. "It is an honor to be recognized for this innovative program and the collaborative effort between Magellan, the Arizona Department of Health Services' Division of Behavioral Health Services, our provider partners and the many community leaders who make this initiative a success."

The Central Arizona Programmatic Suicide Deterrent System is a community collaborative with public policy, law enforcement and mental health leaders to change the culture of "don't ask, don't tell" that surrounds suicide, empower provider agency staff and families with skills and knowledge to intervene when a service recipient talks about suicide, and create a framework to address this major public health problem.

In fiscal year 2007, the suicide death rate for those with serious mental illness enrolled in the behavioral healthcare system in Maricopa County was reported as 175 per 100,000. Since fiscal year 2009, this rate has averaged 113 per 100,000 for those with serious mental illness - a reduction of 42 percent - in the area Magellan serves (Maricopa County, Ariz. and parts of Pinal County, Ariz.).

"Suicide is a preventable cause of death," said David Covington, vice president of adult and child/youth services for Magellan Health Services of Arizona. "At highest risk of suicide are those who face life challenges because of mental illness. In particular, the rate of suicide for individuals with a serious mental illness is six to 12 times higher than the rate of the general population."

Five years ago, half of service providers who had the opportunity to intervene when someone mentioned suicide did not - because they lacked the training, skills and/or supports to do so. Today, through this program, that number is down to just two percent."

The program used a train-the-trainer model and to date more than 2,400 people have received Applied Suicide Intervention Skills Training (ASIST). The training has equipped participants with the skills and knowledge to identify and intervene with those at risk of attempting suicide and has given participants self-confidence in managing through these tense situations.

In addition, for the approximately 1,300 people who are in Assertive Community Treatment (ACT) programs, inpatient hospital rates have declined 51 percent. This decrease can be attributed in part to trained behavioral health professionals that now have significantly increased confidence in engaging individuals at risk in direct conversations about suicide instead of referring them to law enforcement and crisis interventionists, who may be more likely to hospitalize.

For more information about the Programmatic Suicide Deterrent System, visit www.MagellanofAZ.com/suicide.

The SPRC is the nation's only federally supported resource center devoted to advancing the National Strategy for Suicide Prevention. It provides technical assistance, training, and materials to increase the knowledge and expertise of suicide prevention practitioners and other professionals serving people at risk for suicide. It also promotes collaboration among a variety of organizations that play a role in developing the field of suicide prevention.

About Magellan Health Services of Arizona

Magellan Health Services of Arizona is the Regional Behavioral Health Authority for central Arizona, which includes all of Maricopa County and part of Pinal County. In this role, Magellan serves as a critical point of connection to the more than 80,000 individuals who have experienced life challenges as a result of mental illness and substance abuse. Magellan gives these individuals voice and choice to realize their desired outcomes and supports them with caring, unrivaled customer service that is sensitive to the diversity of our communities. For more information, visit www.MagellanofAZ.com or call Magellan of Arizona at (800) 564-5465, TTY (800) 424-9831. Information is available in English and Spanish.

About Magellan Health Services

Headquartered in Avon, Conn., Magellan Health Services Inc. is a leading specialty health care management organization with expertise in managing behavioral health, radiology and specialty pharmaceuticals, as well as public sector pharmacy benefits programs. Magellan delivers innovative solutions to improve quality outcomes and optimize the cost of care for those we serve. Magellan's customers include health plans, employers and government agencies. As of December 31, 2011, Magellan served approximately 31.1 million members in our behavioral health business, 15.6 million members in our radiology benefits management segment, and 6 million members in our medical pharmacy management product. In addition, the specialty pharmaceutical segment served 41 health plans and several pharmaceutical manufacturers and state Medicaid programs. The company's Medicaid Administration segment served 25 states and the District of Columbia. For more information, visit www.MagellanHealth.com.

Magellan
Chris Pearsall
860-507-1923 - Direct
cmpearsall@magellanhealth.com
or
Magellan
Mary Ehlert, MS, ABC
602-572-5810 - Direct
602-350-6432 ? Cell
meehlert@magellanhealth.com
or
Magellan: Spanish Language Media
Ramiro Camarillo
602-572-8282 - Direct
rcamarillo@magellanhealth.com


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MAGELLAN HEALTH INC
12/01 MAGELLAN HEALTH : to Acquire Veridicus Holdings, LLC
12/01 MAGELLAN HEALTH : Provides 2017 Financial Guidance
12/01 MAGELLAN HEALTH : Provides Free Counseling Services and Resources to Individuals..
11/22 MAGELLAN HEALTH,INC. (NASDAQ : MGLN) Files An 8-K Results of Operations and Fina..
11/22 MAGELLAN HEALTH INC : Results of Operations and Financial Condition, Financial S..
11/22 MAGELLAN HEALTH : Provides 2017 Financial Guidance
11/21 MAGELLAN HEALTH INC : Other Events, Financial Statements and Exhibits (form 8-K)
11/21 MAGELLAN HEALTH : to Acquire Veridicus Holdings, LLC
11/09 U.S. companies react cautiously to Trump victory
11/09 MAGELLAN HEALTH : Management's Discussion and Analysis of Financial Condition an..
More news
Sector news : Managed Healthcare - NEC
12/05DJAetna and Humana Argue a Merger's Benefits as Antitrust Trial Begins
11/30DJANTHEM : Begins Defense of Cigna Merger at Antitrust Trial
11/29DJU.S. Stocks Edge Higher
11/29DJANTHEM : Testimony Shows Anthem and Cigna at Odds Over Proposed Merger -- Update
11/29DJUNITEDHEALTH : Gives Upbeat Outlook for 2017
More sector news : Managed Healthcare - NEC
News from SeekingAlpha
11/22 Magellan sees non-GAAP earnings as high as $145M in 2017; shares down a fract..
11/21 Magellan Health buys PBM outfit Veridicus Holdings for $74.5M
11/09 Magellan Health Services' (MGLN) CEO Barry Smith on Q3 2016 Results - Earning..
11/09 Magellan Health Q3 top line up 9%; non-GAAP EPS up 80%; cash flow ops down 60..
11/09 Magellan Health Services beats by $0.72, beats on revenue
Advertisement
Financials ($)
Sales 2016 4 907 M
EBIT 2016 175 M
Net income 2016 72,0 M
Debt 2016 309 M
Yield 2016 -
P/E ratio 2016 22,71
P/E ratio 2017 17,22
EV / Sales 2016 0,41x
EV / Sales 2017 0,27x
Capitalization 1 720 M
More Financials
Chart MAGELLAN HEALTH INC
Duration : Period :
Magellan Health Inc Technical Analysis Chart | MGLN | US5590792074 | 4-Traders
Full-screen chart
Technical analysis trends MAGELLAN HEALTH INC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 6
Average target price 78,0 $
Spread / Average Target 5,4%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Barry M. Smith Chairman & Chief Executive Officer
Jonathan N. Rubin Chief Financial Officer & Executive Vice President
Gary D. Anderson Chief Information Officer
Karen Amstutz Chief Medical Officer
Srinivas Koushik Chief Technology Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
MAGELLAN HEALTH INC18.31%1 720
UNITEDHEALTH GROUP INC35.50%151 720
AETNA INC18.99%45 143
ANTHEM INC4.13%38 251
CIGNA CORPORATION-6.21%35 130
HUMANA INC13.72%30 268
More Results