Inactive Instrument

Magellan Health, Inc.

MGLN

US5590792074

Magellan Health, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021

August 05, 2021 at 06:30 am EDT

Magellan Health, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 1,220.768 million compared to USD 1,100.075 million a year ago. Net loss was USD 666,000 compared to net income of USD 83.505 million a year ago. For the half year, total revenue was USD 2,382.417 million compared to USD 2,222.454 million a year ago. Net income was USD 27.161 million compared to USD 101.755 million a year ago.

Latest news about Magellan Health, Inc.

Magellan Health, Inc. Announces Market Leadership Appointments	23-09-15	CI
Magellan Health, Inc. Launches iMclusion - a New DEI Solution for Employers	23-08-24	CI
Autism Analytica Collaborates with Magellan Health to Identify Autism, Predict Services Needed, and Monitor Patient Progress	23-04-24	CI
Evolent Health, Inc. completed the acquisition of Magellan Specialty Health, Inc. and National Imaging Associates, Inc. from Magellan Health, Inc. and Magellan Healthcare, Inc. for approximately $800 million.	23-01-19	CI
Prime Therapeutics LLC completed the acquisition of Magellan Rx Management, Inc. from Magellan Health, Inc.	22-12-04	CI
Evolent Health, Inc. entered into a definitive agreement to acquire Magellan Specialty Health, Inc. /National Imaging Associates, Inc. from Magellan Health, Inc. and Magellan Healthcare Inc. for approximately $800 million.	22-11-16	CI
Magellan Health Opens 24-hour Crisis Line for Individuals Impacted by Hurricane Ian	22-09-29	CI
Magellan Health, Inc. Appoints Tom Britt as Chief Information Officer	22-08-08	CI
Magellan Health, Inc. Appoints Derrick Duke as Chief Executive Officer	22-07-07	CI
Prime Therapeutics LLC entered into a definitive agreement to acquire Magellan Rx Management, Inc. from Magellan Health, Inc. for approximately $1.35 billion.	22-05-04	CI
Magellan Health Announces Total Wellbeing Solution for Employers	22-02-08	CI
Magellan Health, Inc.(NasdaqGS:MGLN) dropped from S&P TMI Index	22-01-05	CI
Magellan Health, Inc.(NasdaqGS:MGLN) dropped from S&P 1000	22-01-05	CI
Magellan Health, Inc.(NasdaqGS:MGLN) dropped from S&P Global BMI Index	22-01-05	CI
Magellan Health, Inc.(NasdaqGS:MGLN) dropped from S&P 600 Health Care	22-01-05	CI
Magellan Health, Inc.(NasdaqGS:MGLN) dropped from S&P Composite 1500	22-01-05	CI
Magellan Health, Inc.(NasdaqGS:MGLN) dropped from S&P 600	22-01-05	CI
Magellan Health, Inc.(NasdaqGS:MGLN) dropped from S&P Health Care Services Select Industry Index	22-01-05	CI
Magellan Health, Inc.(NasdaqGS:MGLN) dropped from NASDAQ Composite Index	22-01-04	CI
Centene Corporation completed the acquisition of Magellan Health, Inc. from a group of shareholders.	22-01-03	CI
ITeos Therapeutics to Join S&P SmallCap 600	22-01-03	MT
Centene's Proposed Acquisition of Magellan Health Secures California Regulator's Nod With Conditions	21-12-30	MT
Magellan Health Unit Launches Emotional Wellbeing Digital Service	21-12-28	MT
Centene Reaffirms 2021 Financial Guidance, Sees Strong 2022	21-12-10	MT
Magellan Health Announces Two New Appointments to Magellan Health Studio Advisory Council	21-11-12	CI

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Company Profile

Magellan Health, Inc. is engaged in the healthcare management business. The Company provides managed care and pharmacy solutions for healthcare. The Company's segments include Healthcare, Pharmacy Management and Corporate. Its Healthcare includes carve-out management services for behavioral health, employee assistance plans (EAP) and other areas of specialty healthcare including diagnostic imaging, musculoskeletal management, cardiac and physical medicine. Its Pharmacy Management segment consists of products and solutions that provide clinical and financial management of pharmaceuticals paid under medical and pharmacy benefit programs. Its Corporate segment consists of amounts not allocated to the Healthcare and Pharmacy Management segments. The Company provides services to health plans and other managed care organizations (MCOs), employers, labor unions, various military and governmental agencies and third party administrators (TPAs).

Sector

Managed Healthcare

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