as nasdaq mgln industry managed health care founded 1969 1 headquarters scottsdale arizona united states revenue us 3.760 billion fy 2014 1 net income us 74.231 million fy 2014 1 total assets us 2.094 billion fy 2014 1 website www.magellanhealth.com magellan health inc. formerly magellan health services inc. is an american for profit managed health care company focused on behavioral healthcare . it ranked 652 on the fortune 1000 in 2014 . 2 contents 1 history 2 acquisitions 3 references 4 external links history edit the company began as the psychiatric hospital chain charter medical headquartered in macon georgia . in 1992 the company filed for chapter 11 bankruptcy stemming from debt incurred as a result of 1988 management led takeover . 3 after recovering from bankruptcy it moved its headquarters to atlanta in 1994 . 4 acquiring a major stake in green spring health services inc. a managed care company based in columbia maryland the company re structured into a new holding company changing its name to magellan health services . 5 in 1999 the company moved to green spring s old headquarters in columbia maryland . 6 in 2004 the company headquarters moved to connecticut . in 2014 the company moved its headquarters from connecticut to scottsdale arizona . 7 acquisitions edit in 1997 magellan acquired merit behavioral care corporation a company which provided mental health and substance abuse services for 460 million in cash . 8 references edit a b c d form 10 k magellan health inc. . securities and exchange commission . retrieved 24 may 2015 . magellan health services . fortune . retrieved 24 may 2015 . charter medical corp. files bankruptcy plan . ocala star banner . 4 jun 1992 . retrieved 24 may 2015 . headquarters will move to atlanta . the atlanta journal and constitution . 29 june 1994 . access date requires url help charter to expand into managed care . the atlanta journal and constitution . 20 october 1995 . access date requires url help miller andy 22 may 1999 . magellan will move offices to maryland . the atlanta journal and constitution . pp. 1h . access date requires url help magellan health to move headquarters from avon to arizona magellan health services and merit behavioral care corp. announce merger agreement press release . pr newswire . 27 oct 1997 . access date requires url help external links edit this corporation or company article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title magellan health & oldid 738130347 categories health in the united stateshealth care companies of the united statespsychiatric hospitals in the united statescompany stubshidden categories pages using citations with accessdate and no urlarticles created via the article wizardall stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 7 september 2016 at 02 23 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view