Magellan Health Services
- Company typePrivate
- Founded2000
- HeadquartersAvon, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
Magellan Health Services firmographics
Firmographics- Name
- Magellan Health Services
- Legal name
- Magellan Health, Inc.
- Website
- https://magellanhealth.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Magellan Health Services industry classification
Industry- Product category
- Managed Behavioral Healthcare Services
- NAICS
- Offices of Physicians, Mental Health Specialists (621112), Social Assistance (624)
- SIC
- Services-Health Services (8000)
- akta.pro primary industry
- Managed Care Entity Administration for Medicaid (MCO/PHP/PIHP/PAHP) (HLAEAEAJ)
- akta.pro secondary industries
- Community Mental Health Centers (CMHCs) & Public Behavioral Health Providers (HLAFACAI), Medicaid Managed Care HMOs (HLAEAMAI), Virtual Behavioral Health Integration Platforms (HLALABAE)
Keywords
Where Magellan Health Services is headquartered
LocationHeadquarters
- HQ city
- Avon
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Magellan Health Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Managed Behavioral Health Services: Magellan Health provides managed behavioral health services to health plans, employers, states (Medicaid), and federal agencies. Revenue is generated through contractual arrangements with these payers, likely on a per-member-per-month or capitated basis typical of managed care organizations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise contracts with health plans, employers, states, and federal agencies |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Magellan Health Services product offering
Product offeringCore offering
Magellan Health Services is a managed behavioral healthcare company that delivers behavioral health, wellbeing, and related solutions to health plans, employers, state Medicaid agencies, and federal agencies. Its offerings include integrated behavioral health plan solutions, telehealth, digital emotional wellbeing tools, employee assistance programs, autism care management, and pharmacy management, delivered through a national network of behavioral health providers.
Product overview
Magellan Health Services operates as a managed behavioral health company with a platform-plus-modules architecture. The core offering consists of Magellan Healthcare (behavioral health and specialized healthcare solutions) and Magellan Federal (government programs), supported by integrated modules including Magellan Healthcare Telehealth, Digital Emotional Wellbeing tools, Employee Assistance Programs, Magellan Autism Connections, Collaborative Care Management, and the inforMED Pharmacy Program. Educational and support initiatives include Mind Your Mental Health (awareness campaign), MY LIFE (youth engagement), the eLearning Center, Magellan Center for Recovery and Resiliency, the Behavioral Health Matters Podcast, and Crisis Resources. A teen mental wellbeing app was launched in September 2024. The company serves health plans, employers, state Medicaid agencies, and federal government clients through these interconnected solutions.
Differentiator
Problem solved
Functional benefit
Brands
- Magellan Autism Connections: Autism care management program for health plans
- Mind Your Mental Health
- Magellan Center for Recovery and Resiliency
- MY LIFE
- Magellan Complete Care
- inforMED Pharmacy Program
Products and services
- Magellan Healthcare The primary healthcare segment of Magellan Health, offering behavioral health and specialized healthcare solutions including integrated health plan solutions, telehealth, digital emotional wellbeing tools, and employee assistance programs for health plans, employers, and state agencies.
- Magellan Federal Federal government solutions segment providing behavioral health services and support to federal agencies and military personnel, offering specialized programs for service members and their families.
- Employee Assistance Program (EAP) Workplace behavioral health and wellbeing solutions supporting employees at all stages through confidential counseling, crisis support, and wellness resources, marketed to employer clients.
- Magellan Autism Connections Specialized program providing support and care coordination for individuals with autism spectrum disorders and their families, including access to applied behavior analysis (ABA) services.
- Collaborative Care Management (CoCM) Integrated behavioral health program that embeds mental health professionals within primary care settings to provide coordinated, whole-person care for health plan members.
- inforMED Pharmacy Program Pharmacy management and optimization program helping health plans manage prescription drug benefits and improve medication adherence for behavioral health patients.
- Magellan Healthcare Telehealth Virtual behavioral health services enabling members to access counseling and mental health support through video consultations with licensed providers.
- Digital Emotional Wellbeing Digital tools and applications supporting everyday emotional wellness, providing resources and self-guided support for mental health maintenance.
- Teen Mental Wellbeing App Mobile application launched in September 2024 designed to support teen mental health, providing resources and tools for adolescent emotional wellbeing.
Quantifiable outcome
- Fourth consecutive NCQA full accreditation for Magellan Behavioral Health of Pennsylvania
Companies that use Magellan Health Services
Customer profileSegments4 records
Ideal customer profiles4 records
Magellan Health Services technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Magellan Health Services partnerships and signals
Strategic signalScale indicators5 records
Recent moves7 records
Expansion highlights6 records
Magellan Health Services competitors and assessment
Company assessmentEmerging players
- Spring Health: Spring Health is a digital mental health platform providing precision-matched therapy, coaching, and medication management to employers and health plans. It directly competes for employer EAP and BH benefit spend against Magellan's behavioral health management portfolio.
- Lyra Health: Lyra Health is a venture-backed digital mental health platform primarily serving employers with on-demand therapy, coaching, and psychiatric care. It competes with Magellan's EAP and employer wellbeing segment using a tech-first delivery model at lower marginal cost.
- Modern Health: Modern Health is a digital mental health and wellbeing platform serving global employers with therapy, coaching, and self-guided content. It targets the same employer buyer as Magellan's EAP and Digital Emotional Wellbeing offerings with a primarily virtual, tech-led model.
- Headspace Health: Headspace Health (formed from the Headspace-Ginger merger) offers mental health, coaching, and therapy services primarily through employer-sponsored subscriptions. It competes with Magellan's EAP, Digital Emotional Wellbeing, and employer wellbeing offerings with a consumer-grade digital experience.
Broad incumbents
- Anthem/Elevance Health Behavioral Health: Elevance Health (formerly Anthem) manages behavioral health benefits for its affiliated health plans and increasingly for external payers, leveraging its scale and integrated medical-behavioral infrastructure. It overlaps directly with Magellan on commercial and Medicaid BH administration.
- Evernorth Health Services (Cigna): Evernorth is Cigna's health services arm, offering behavioral health management alongside pharmacy, specialty, and care navigation. Like Optum, it competes with Magellan on employer-sponsored BH benefits and government programs but is embedded within a broader payer-services platform.
- Optum Behavioral Health: Optum (UnitedHealth Group) is the largest managed behavioral health organization in the U.S., administering BH benefits for tens of millions of members across commercial, Medicaid, and Medicare lives. It directly competes with Magellan on health plan, employer, and government contracts but operates as part of a much larger integrated payer-services portfolio.
Direct peers
- PerformCare: PerformCare is a managed behavioral health organization serving state Medicaid, CHIP, and human services programs across multiple states. It directly competes with Magellan's state and government behavioral health management business using a comparable public-sector BH carve-out model.
- New Directions Behavioral Health: New Directions is a managed behavioral health company serving commercial, Medicaid, and EAP customers across multiple states. It is a direct competitor to Magellan in the same specialty carve-out BH management model with comparable employer and government contracts.
- Beacon Health Options: Beacon Health Options is a dedicated managed behavioral health organization serving health plans, employers, and state Medicaid agencies — historically one of Magellan's closest direct competitors in the carve-out BH management space before being acquired by Anthem/Elevance.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Magellan Health Services social profiles
Digital presenceMagellan Health Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magellan Health Services leadership team
Management profileNumber of profiles
Profiles7 records
Magellan Health Services subsidiaries and ownership
Company hierarchySubsidiaries9 records
Magellan Health Services funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Magellan Health Services M&A and investment
M&A and investmentM&A13 records
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Magellan Health Services
What does Magellan Health Services do?
Magellan Health Services is a managed behavioral healthcare company that delivers behavioral health, wellbeing, and related solutions to health plans, employers, state Medicaid agencies, and federal agencies. Its offerings include integrated behavioral health plan solutions, telehealth, digital emotional wellbeing tools, employee assistance programs, autism care management, and pharmacy management, delivered through a national network of behavioral health providers.
Is Magellan Health Services a public or private company?
Magellan Health Services is a private company. It is classified as corporate owned and is currently operating.
When was Magellan Health Services founded?
Magellan Health Services was founded in 2000. It employs 5,001 to 10,000 people.
Where is Magellan Health Services based?
Magellan Health Services is headquartered in Avon, United States, in the North America region.
How does Magellan Health Services make money?
One revenue line is on record: managed Behavioral Health Services.
Who are Magellan Health Services's main competitors?
Emerging players on record are Spring Health, Lyra Health, Modern Health and Headspace Health. Broad incumbents are Anthem/Elevance Health Behavioral Health, Evernorth Health Services (Cigna) and Optum Behavioral Health. Direct peers are PerformCare, New Directions Behavioral Health and Beacon Health Options.
Does Magellan Health Services have an API?
No public API is recorded for Magellan Health Services.
What industry is Magellan Health Services in?
Magellan Health Services's product category is Managed Behavioral Healthcare Services. Its primary akta.pro industry code is HLAEAEAJ, Managed Care Entity Administration for Medicaid (MCO/PHP/PIHP/PAHP), with a secondary code of HLAFACAI, Community Mental Health Centers (CMHCs) & Public Behavioral Health Providers. Its NAICS code is 621112 and its SIC code is 8000.