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Magellan Health Services Inc. (MGLN)On Nov 30: 36.77   0.00 (0.00%)  
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Magellan Health Services Inc.
55 Nod Road
Avon, CT 06001
United States - Map
Phone: 860-507-1900
Fax: 860-507-1990
Web Site: http://www.magellanhealth.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Healthcare
Industry:Health Care Plans
Full Time Employees:5,200

BUSINESS SUMMARY 
Magellan Health Services, Inc. provides managed behavioral healthcare, radiology benefits management, and pharmaceutical management services to health plans, insurance companies, corporations, labor unions, and various governmental agencies in the United States. The company offers various managed behavioral healthcare services, including outpatient programs, such as counseling or therapy; intermediate care programs comprising intensive outpatient programs and partial hospitalization services; and inpatient treatment and crisis intervention services through its provider network of psychiatrists, psychologists, behavioral health professionals, psychiatric hospitals, general medical facilities with psychiatric beds, residential treatment centers, and other treatment facilities. Its radiology benefits management services consist of the management of the delivery of diagnostic imaging services, which are provided under the contracts with managed care companies, health insurers and other health plans, Medicaid, and Medicare members. The company’s pharmaceutical management services comprise contracting and formulary optimization on behalf of health plans and pharmaceutical manufacturers; distributing specialty pharmaceutical drugs on behalf of health plans; providing strategic consulting services to health plans and pharmaceutical manufacturers; and providing oncology management services to health plans. The pharmaceutical management services also include the management of specialty drugs used in the treatment of cancer, multiple sclerosis, hemophilia, infertility, rheumatoid arthritis, chronic forms of hepatitis, and other diseases. In addition, Magellan Health Services provides pharmacy benefits administration, health care management, and IT services to state Medicaid programs. The company was founded in 1969 and is based in Avon, Connecticut.
Key Statistics

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    CORPORATE GOVERNANCE 
    Magellan Health Services Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 51.6% of S&P 600 companies and 77.5% of Health Care Equipment & Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Dr. René Lerer M.D., 54
    Chairman and Chief Exec. Officer
    $ 2.49M $ 0
    Mr. Jonathan N. Rubin , 46
    Chief Financial Officer and Exec. VP
    $ 213.00K $ 0
    Mr. Robert M. LeBlanc , 42
    Lead Director, Member of Management Compensation Committee and Managing Director of Onex Corp.
    $ 94.00KN/A
    Mr. Daniel N. Gregoire , 53
    Exec. VP, Sec. and Gen. Counsel
    $ 594.00K $ 0
    Ms. Caskie Lewis-Clapper , 44
    Chief HR Officer
    $ 526.00K $ 607.00K
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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