Magellan Health

Magellan Health

Manages complex health services via technology

About Magellan Health

Simplify's Rating
Why Magellan Health is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consulting

Healthcare

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Avon, Illinois

Founded

1969

Overview

Magellan Health helps payers, employers, and government partners manage complex health needs using technology and personal support. Its offerings blend technology platforms—such as provider and member portals—with care management and behavioral health programs to connect members with appropriate care and track outcomes. The company differentiates itself by focusing on high-complexity health issues and by partnering with a wide range of payers and employers to provide integrated care, not just traditional delivery. Its goal is to move the world toward a healthier future by making high-quality care easier to access and manage through tech-enabled solutions and strong human support.

Simplify Jobs

Simplify's Take

What believers are saying

  • Madison Health Group acquisition restores independence post-2022 Centene buy.
  • Dr. Steven Pratt appointed Chief Medical Officer for clinical innovation.
  • James Thornbrugh leads Magellan Federal with 27 years expertise since January 31, 2025.

What critics are saying

  • Madison acquisition disrupts Centene payer networks within 3-6 months.
  • Prime Therapeutics fragments Magellan Rx pharmacy revenue immediately.
  • Evolent diverts 20-30% specialty health contracts post-2023 divestiture.

What makes Magellan Health unique

  • Magellan partners with Attend Behavior for autism caregiver digital training.
  • Magellan launches pediatric CoCM enrolling 8,000 patients with 84% engagement.
  • Magellan contracts Louisiana ECSS statewide from July 1, 2025.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$1B

Above

Industry Average

Funded Over

2 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Mental Health Support

Wellness Program

Flexible Work Hours

Performance Bonus

Stock Price

Company News

RamaOnHealthcare
Feb 18th, 2026
Centene’s Magellan Health to be acquired by investment group – RamaOnHealthcare

Frisco, Texas-based Magellan Health has entered into an agreement to be acquired by Madison Health Group, according to a Feb. 13 LinkedIn post from

MarketScreener
Feb 6th, 2026
Centene agrees to sell minority stake in Magellan Health

Centene Corporation has signed a definitive agreement to sell a minority stake in Magellan Health to an undisclosed buyer. The transaction was agreed in December 2025. No financial details or the size of the stake being sold have been disclosed. The identity of the acquiring party remains unknown.

Becker's Behavioral Health
Sep 23rd, 2025
Magellan adds autism caregiver platform to digital marketplace

Frisco, Texas-based Magellan Health has partnered with Attend Behavior to offer its digital caregiver training platform through Magellan's autism technology marketplace.

PR Newswire
Sep 10th, 2025
Magellan Health Appoints Dr. Steven E. Pratt as Chief Medical Officer

Magellan Health appoints Dr. Steven E. Pratt as chief medical officer.

Becker's Behavioral Health
Sep 8th, 2025
Magellan CEO: Collaborative care can ease burnout, extend psychiatry capacity

Magellan Health launched a pediatric CoCM program that enrolled nearly 8,000 patients, with 84% enrollment after assessment, and more than half stayed engaged through graduation.

Recently Posted Jobs

Sign up to get curated job recommendations

Magellan Health is Hiring for 331 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →