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Home > Company Index > Health Products & Services > Specialized Health Services > Magellan Health Services, Inc.
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Magellan Health Services, Inc. |
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NEWS FROM THE WIRES |
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Argentine stocks firmer on prospect of outside aid Aug 02 2001 11:00 AM PDT
RESEARCH ALERT-JP Morgan starts 4 health care cos Aug 02 2001 10:57 AM PDT
Magellan Health Q3 profits rise 32 percent Aug 02 2001 06:17 AM PDT
Mexico stocks seen higher with Wall Street Aug 02 2001 06:17 AM PDT
Magellan says unaware of reason for stock drop Jul 31 2001 12:32 PM PDT
> More WIRE STORIES about this company
PROFILE |
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Magellan Health Services is navigating the narrow straits of the behavioral health industry, which it dominates in the US, serving more than 70 million people. It provides behavioral health services to HMOs, Blue Cross/Blue Shield, unions, and government agencies. To focus on behavioral health, it plans to sell its human services unit, which provides home-based mental health care. The company also plans to dispose of a unit that helps insurers manage their specialty care and disease-management programs. Magellan owns 10% of Charter Behavioral Health Systems (which has filed for Chapter 11 bankruptcy); the rest is owned by Crescent Operating. Investment firm Texas Pacific Group owns more than 20% of Magellan.
COMPETITION |
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Res-Care, Inc. (RSCR)
Universal Health Services, Inc. (UHS)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: September
2000 Sales (mil.): 1,873.60
1-Yr. Sales Growth: 0.1%
Employees: 12,800
Revenue per employee: $146,375.00
KEY PEOPLE |
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Henry T. Harbin
CEO
Cliff Donnelly
CFO
CONTACT INFO |
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6950 Columbia Gateway Drive
Columbia, MD 21046
US
Phone: 410-953-1000
Fax: 410-953-5200
Online: Web Site
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