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Magellan Healthcare

Full company profile

uuid0008zvr

Namestring
Magellan Healthcare
Legal namestring
Magellan Health, Inc.
Company typeenum
Private
Founded yearint
1969
Descriptiontext

Magellan Healthcare, the operating behavioral health subsidiary of Magellan Health, Inc., is a managed behavioral health services company with more than 50 years of operating history, headquartered in Columbia, Maryland. The company provides administrative and clinical services across four primary customer segments: commercial health plans and insurers, state Medicaid agencies (with named contracts in Florida, Louisiana, Nevada, Pennsylvania, and Wyoming), federal government and Department of Defense customers via the MagellanFederal.com sub-brand, and employers through Employee Assistance Program offerings. Its service portfolio includes utilization management, provider network management, claims administration, autism care coordination under the Magellan Autism Connections trademark, pharmacy management via the inforMED program, telehealth delivery through Magellan Healthcare Telehealth, and the Digital Emotional Wellbeing platform.

The underlying technology is a platform-plus-modules architecture. Magellan Healthcare Integrated Solutions functions as the core platform for health plans, supplemented by Behavioral Health, Digital Emotional Wellbeing, Telehealth, Collaborative Care Management (CoCM), inforMED Pharmacy, and Magellan Autism Connections as add-on modules. Distinct sub-brands serve government markets: Magellan Federal for DOD agencies and Magellan Public Sector Solutions for state Medicaid programs, including the MY LIFE children's services program. Operational infrastructure includes the MagellanProvider.com provider gateway, Magellan Assist and Magellan Ascend member/provider portals, and integrations with ABA therapy providers such as Kyo and data analytics partners such as Autism Analytica.

Magellan operates a B2B managed services revenue model with pricing negotiated privately with health plans, state Medicaid agencies, federal agencies, and employers. Recurring revenue streams include administrative services contracts for managed behavioral health, state Medicaid program administration, federal and DOD behavioral health services, and employer EAP subscriptions. Magellan was acquired by Centene Corporation in 2022 for approximately $2.2 billion; in February 2026, Centene announced the sale of Magellan to investment firm Madison Health Group at a substantial loss, positioning Magellan as an independent, technology-enabled behavioral health company under new ownership.

Short descriptiontext

Magellan Healthcare is a managed behavioral health services company serving health plans, state Medicaid agencies, federal and DOD agencies, and employers with utilization management, network administration, autism care, telehealth, and pharmacy programs across the United States.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersColumbia, United States
HQ citystring
Columbia
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
behavioral health services, managed mental healthcare, Medicaid behavioral health, autism care management, employee assistance programs
Industry4 codes
1Behavioral Health Benefit Administration (MBHO Core)
CodeHLAEAHAAPrimaryYes
2Community Mental Health Centers (CMHCs) & Public Behavioral Health Providers
CodeHLAFACAIPrimaryNo
3Managed Care Entity Administration for Medicaid (MCO/PHP/PIHP/PAHP)
CodeHLAEAEAJPrimaryNo
4Behavioral Health-Integrated Chronic Care (SUD comorbidity, collaborative care)
CodeHLALAFAKPrimaryNo
NAICS code3 codes
  • Offices of Physicians, Mental Health Specialists621112
  • Offices of Physicians62111
  • Social Assistance624
SIC code3 codes
  • Services-Misc Health & Allied Services, Nec8090
  • Hospital & Medical Service Plans6324
  • Services-Health Services8000
Product category
Behavioral Health Managed Care
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model4 records
1Managed Behavioral Health Services
TypeManaged Services
Description

Administrative services organization providing behavioral health managed care for health plans and government programs, including utilization management, network management, and claims processing

magellanhealthcare.com
2State Medicaid Programs
TypeManaged Services
Description

Contracted services for state Medicaid programs providing mental health and substance use disorder benefits administration, including Idaho, Nevada, Florida, Louisiana, Pennsylvania, and Wyoming

magellanhealthcare.com
3Federal/DOD Behavioral Health
TypeManaged Services
Description

Behavioral health services for federal government agencies and Department of Defense, provided through MagellanFederal.com

magellanhealthcare.com
4Employer EAP and Benefits
TypeSubscription Recurring
Description

Employee Assistance Program (EAP) and behavioral health benefits administration for employers

magellanhealthcare.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 8 records shown
1Magellan Autism Connections®
Description

A specialized program providing autism spectrum disorder services and support

magellanhealthcare.com
+7 more records
Core offering1 text field

Magellan Healthcare is a behavioral health managed care company that administers mental health and substance use disorder benefits for health plans, state Medicaid programs, federal and Department of Defense agencies, and large employers. Its core service set includes utilization management, behavioral health provider network administration, clinical program design, telehealth delivery, integrated pharmacy oversight through the inforMED program, and specialized autism care via Magellan Autism Connections®. The organization also delivers Collaborative Care Management (CoCM) to integrate behavioral health into primary care settings and provides Employee Assistance Programs (EAP) to employer clients.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Magellan's value-based model for autism care shows meaningful outcomes for children with ASD
+1 more record
Product overview1 text field

Magellan Healthcare is a comprehensive behavioral health managed care company with over 50 years of experience delivering integrated healthcare solutions. The company operates a platform-plus-modules architecture, with Magellan Healthcare Integrated Solutions serving as the core platform for health plans, supplemented by specialized modules including Behavioral Health services, Digital Emotional Wellbeing, Telehealth, Collaborative Care Management (CoCM), inforMED Pharmacy Program, and Magellan Autism Connections®. For employers, the company offers EAP and specialized behavioral health solutions. The organization also maintains distinct sub-brands for government markets: Magellan Federal serving DOD agencies, and Magellan Public Sector Solutions for state Medicaid programs, including the MY LIFE children's services program. Additional digital tools include Magellan Assist, Magellan Ascend, and the MagellanProvider.com provider portal.

Product and service13 records
1Magellan Healthcare Integrated Solutions
CategoryManaged Behavioral Health Services
Description

Comprehensive platform providing integrated healthcare solutions for health plans, combining behavioral health services with physical health coordination to deliver whole-person care.

2Behavioral Health
CategoryManaged Behavioral Health Services
Description

Comprehensive behavioral health services for health plans including mental health and substance use disorder treatment delivered through in-person and digital channels.

3Digital Emotional Wellbeing
CategoryDigital Behavioral Health
Description

Digital mental health tools providing everyday emotional wellness support through app-based resources, self-guided programs, and digital interventions for stress management and mental health maintenance.

4Magellan Healthcare Telehealth
CategoryTelehealth Services
Description

Virtual behavioral health care services enabling remote access to mental health providers through video consultations and digital therapy sessions.

5Collaborative Care Management (CoCM)
CategoryIntegrated Care Management
Description

Care model integrating behavioral health services into primary care settings, allowing primary care providers to deliver mental health care with consulting psychiatrist support and addressing pediatric mental health crises through the medical home.

6inforMED Pharmacy Program
CategoryPharmacy Management
Description

Pharmacy management program providing medication therapy management, prescription oversight, and clinical pharmacy services to optimize medication outcomes in behavioral health treatment.

7Magellan Autism Connections®
CategorySpecialty Autism Care
Description

Specialized autism spectrum disorder care management program offering Applied Behavior Analysis (ABA) therapy coordination, family support resources, and value-based care arrangements for children with ASD.

8Employee Assistance Program (EAP)
CategoryEmployer Behavioral Health Benefits
Description

Workplace behavioral health benefit providing employees with confidential counseling, mental health resources, and crisis support services to maintain workforce wellbeing and productivity.

9Magellan Federal
CategoryFederal and DOD Behavioral Health Services
Description

Specialized behavioral health services division serving federal government agencies and Department of Defense military personnel and their families with targeted mental health and wellness programs.

10Magellan Public Sector Solutions
CategoryState Medicaid Behavioral Health Administration
Description

State Medicaid and human services programs supporting government agencies with behavioral health administration, community-based care coordination, and population health management for vulnerable populations.

11MY LIFE
CategoryChildren's Behavioral Health Services
Description

Children's services program providing youth-centered behavioral health support, peer support, recovery and resiliency services for children and adolescents in state care programs.

12Magellan Assist
CategoryMember Self-Service Platform
Description

Member assistance and support portal providing individuals with access to behavioral health resources, crisis communications, and care navigation tools.

13MagellanProvider.com Provider Gateway
CategoryProvider Network Platform
Description

Provider gateway portal enabling healthcare providers to access patient information, submit claims, verify eligibility, and manage behavioral health care delivery.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-02-19
Description

Triplemoon, a tech-enabled behavioral health startup founded in 2023, appointed Dr. Caroline Carney (CEO of Magellan Health) to its Board of Directors. The appointment follows Triplemoon's $3.5 million seed funding round and supports the company's expansion into pediatric mental health care using a Collaborative Care model integrating behavioral health into primary care settings.

2Kyo
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Magellan Healthcare partnered with Kyo to improve autism outcomes. Kyo provides specialized autism services that complement Magellan's comprehensive care coordination and value-based payment models for children with autism spectrum disorder.

magellanhealthcare.com
3Autism Analytica
Strategic tierCoreTypeTechnology or Integration
Description

Autism Analytica collaborated with Magellan Health to identify autism earlier, predict services needed, and monitor patient progress. The software company leverages data analytics to improve autism diagnosis and treatment tracking.

magellanhealthcare.com
4Idaho Joint Millennium Fund Committee
Strategic tierCoreTypeOthers
Description

Idaho state legislative committee working to restore funding for the Assertive Community Treatment Medicaid mental health program. The committee voted to restore funding using tobacco settlement funds and opioid settlement funds following patient safety concerns after Magellan Healthcare's contractor cut services.

idahocapitalsun.com
Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Centene is Magellan's current parent (divesting) and the largest Medicaid managed care organization in the U.S., offering behavioral health benefits across its health plan portfolio — comparable in Medicaid behavioral health administration though at much greater scale and breadth.

TypeEmerging player
Description

Lyra Health provides employer-sponsored mental health benefits through a hybrid in-person and digital care model — directly competing with Magellan's employer EAP and behavioral health benefits business with a tech-enabled approach.

TypeDirect peer
Description

Elevance Health (formerly Anthem) operates behavioral health capabilities inherited from Beacon Health Options, providing managed behavioral health services to health plan members — directly comparable to Magellan's health plan segment.

TypeEmerging player
Description

Spring Health is a venture-backed mental health platform focused on employer EAP and behavioral health benefits, combining digital tools with provider networks — competing with Magellan's employer EAP segment with a more digital-native model.

TypeEmerging player
Description

Modern Health offers a global mental health platform for employers combining EAP, coaching, therapy, and digital self-service — an emerging competitor in the same employer behavioral health segment where Magellan sells EAP.

TypeDirect peer
Description

Evernorth (Cigna) runs behavioral health administration and care services through its health services portfolio, including the Lucet platform — directly competing with Magellan in health plan and employer behavioral health administration.

TypeEmerging player
Description

Quartet Health focuses on the Collaborative Care Model (CoCM), integrating behavioral health into primary care settings — directly comparable to Magellan's CoCM product and pediatric mental health integration thesis.

TypeDirect peer
Description

New Directions is a private managed behavioral health organization serving health plans, employers, and government programs with utilization management, EAP, and behavioral health network administration — a smaller-scale direct peer to Magellan.

TypeDirect peer
Description

Lucet (owned by Evernorth/Cigna) provides behavioral health benefit management and provider network services to health plans, employers, and Medicaid programs — directly comparable in MBHO model and customer mix.

TypeDirect peer
Description

Optum (UnitedHealth Group) operates one of the largest managed behavioral health organizations in the U.S., offering utilization management, network administration, and clinical programs to health plans, employers, and government payers — directly comparable to Magellan's MBHO core.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries18 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Magellan Healthcare

Behavioral Health Managed Caremagellanhealthcare.com

Magellan Healthcare is a managed behavioral health services company serving health plans, state Medicaid agencies, federal and DOD agencies, and employers with utilization management, network administration, autism care, telehealth, and pharmacy programs across the United States.

What Magellan Healthcare does

Magellan Healthcare, the operating behavioral health subsidiary of Magellan Health, Inc., is a managed behavioral health services company with more than 50 years of operating history, headquartered in Columbia, Maryland. The company provides administrative and clinical services across four primary customer segments: commercial health plans and insurers, state Medicaid agencies (with named contracts in Florida, Louisiana, Nevada, Pennsylvania, and Wyoming), federal government and Department of Defense customers via the MagellanFederal.com sub-brand, and employers through Employee Assistance Program offerings. Its service portfolio includes utilization management, provider network management, claims administration, autism care coordination under the Magellan Autism Connections trademark, pharmacy management via the inforMED program, telehealth delivery through Magellan Healthcare Telehealth, and the Digital Emotional Wellbeing platform.

The underlying technology is a platform-plus-modules architecture. Magellan Healthcare Integrated Solutions functions as the core platform for health plans, supplemented by Behavioral Health, Digital Emotional Wellbeing, Telehealth, Collaborative Care Management (CoCM), inforMED Pharmacy, and Magellan Autism Connections as add-on modules. Distinct sub-brands serve government markets: Magellan Federal for DOD agencies and Magellan Public Sector Solutions for state Medicaid programs, including the MY LIFE children's services program. Operational infrastructure includes the MagellanProvider.com provider gateway, Magellan Assist and Magellan Ascend member/provider portals, and integrations with ABA therapy providers such as Kyo and data analytics partners such as Autism Analytica.

Magellan operates a B2B managed services revenue model with pricing negotiated privately with health plans, state Medicaid agencies, federal agencies, and employers. Recurring revenue streams include administrative services contracts for managed behavioral health, state Medicaid program administration, federal and DOD behavioral health services, and employer EAP subscriptions. Magellan was acquired by Centene Corporation in 2022 for approximately $2.2 billion; in February 2026, Centene announced the sale of Magellan to investment firm Madison Health Group at a substantial loss, positioning Magellan as an independent, technology-enabled behavioral health company under new ownership.

Magellan Healthcare firmographics

Firmographics
Name
Magellan Healthcare
Legal name
Magellan Health, Inc.
Website
https://magellanhealthcare.com
Company type
Private
Founded year
1969
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Magellan Healthcare is a managed behavioral health services company serving health plans, state Medicaid agencies, federal and DOD agencies, and employers with utilization management, network administration, autism care, telehealth, and pharmacy programs across the United States.
Ownership category
akta.pro rank

Magellan Healthcare industry classification

Industry
Product category
Behavioral Health Managed Care
NAICS
Offices of Physicians, Mental Health Specialists (621112), Offices of Physicians (62111), Social Assistance (624)
SIC
Services-Misc Health & Allied Services, Nec (8090), Hospital & Medical Service Plans (6324), Services-Health Services (8000)
akta.pro primary industry
Behavioral Health Benefit Administration (MBHO Core) (HLAEAHAA)
akta.pro secondary industries
Community Mental Health Centers (CMHCs) & Public Behavioral Health Providers (HLAFACAI), Managed Care Entity Administration for Medicaid (MCO/PHP/PIHP/PAHP) (HLAEAEAJ), Behavioral Health-Integrated Chronic Care (SUD comorbidity, collaborative care) (HLALAFAK)

Keywords

  • Behavioral health services
  • Managed mental healthcare
  • Medicaid behavioral health
  • Autism care management
  • Employee assistance programs

Where Magellan Healthcare is headquartered

Location

Headquarters

HQ city
Columbia
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Magellan Healthcare business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

  1. Managed Behavioral Health Services: Administrative services organization providing behavioral health managed care for health plans and government programs, including utilization management, network management, and claims processing
  2. State Medicaid Programs: Contracted services for state Medicaid programs providing mental health and substance use disorder benefits administration, including Idaho, Nevada, Florida, Louisiana, Pennsylvania, and Wyoming
  3. Federal/DOD Behavioral Health: Behavioral health services for federal government agencies and Department of Defense, provided through MagellanFederal.com
  4. Employer EAP and Benefits: Employee Assistance Program (EAP) and behavioral health benefits administration for employers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Magellan Healthcare product offering

Product offering

Core offering

Magellan Healthcare is a behavioral health managed care company that administers mental health and substance use disorder benefits for health plans, state Medicaid programs, federal and Department of Defense agencies, and large employers. Its core service set includes utilization management, behavioral health provider network administration, clinical program design, telehealth delivery, integrated pharmacy oversight through the inforMED program, and specialized autism care via Magellan Autism Connections®. The organization also delivers Collaborative Care Management (CoCM) to integrate behavioral health into primary care settings and provides Employee Assistance Programs (EAP) to employer clients.

Product overview

Magellan Healthcare is a comprehensive behavioral health managed care company with over 50 years of experience delivering integrated healthcare solutions. The company operates a platform-plus-modules architecture, with Magellan Healthcare Integrated Solutions serving as the core platform for health plans, supplemented by specialized modules including Behavioral Health services, Digital Emotional Wellbeing, Telehealth, Collaborative Care Management (CoCM), inforMED Pharmacy Program, and Magellan Autism Connections®. For employers, the company offers EAP and specialized behavioral health solutions. The organization also maintains distinct sub-brands for government markets: Magellan Federal serving DOD agencies, and Magellan Public Sector Solutions for state Medicaid programs, including the MY LIFE children's services program. Additional digital tools include Magellan Assist, Magellan Ascend, and the MagellanProvider.com provider portal.

Differentiator

Problem solved

Functional benefit

Brands

  • Magellan Autism Connections®: A specialized program providing autism spectrum disorder services and support
  • Magellan Healthcare Telehealth
  • Collaborative Care Management (CoCM)
  • MY LIFE
  • Magellan Center for Recovery and Resiliency
  • Magellan Crisis Resources
  • Magellan Ascend
  • Magellan Assist

Products and services

  • Magellan Healthcare Integrated Solutions Comprehensive platform providing integrated healthcare solutions for health plans, combining behavioral health services with physical health coordination to deliver whole-person care.
  • Behavioral Health Comprehensive behavioral health services for health plans including mental health and substance use disorder treatment delivered through in-person and digital channels.
  • Digital Emotional Wellbeing Digital mental health tools providing everyday emotional wellness support through app-based resources, self-guided programs, and digital interventions for stress management and mental health maintenance.
  • Magellan Healthcare Telehealth Virtual behavioral health care services enabling remote access to mental health providers through video consultations and digital therapy sessions.
  • Collaborative Care Management (CoCM) Care model integrating behavioral health services into primary care settings, allowing primary care providers to deliver mental health care with consulting psychiatrist support and addressing pediatric mental health crises through the medical home.
  • inforMED Pharmacy Program Pharmacy management program providing medication therapy management, prescription oversight, and clinical pharmacy services to optimize medication outcomes in behavioral health treatment.
  • Magellan Autism Connections® Specialized autism spectrum disorder care management program offering Applied Behavior Analysis (ABA) therapy coordination, family support resources, and value-based care arrangements for children with ASD.
  • Employee Assistance Program (EAP) Workplace behavioral health benefit providing employees with confidential counseling, mental health resources, and crisis support services to maintain workforce wellbeing and productivity.
  • Magellan Federal Specialized behavioral health services division serving federal government agencies and Department of Defense military personnel and their families with targeted mental health and wellness programs.
  • Magellan Public Sector Solutions State Medicaid and human services programs supporting government agencies with behavioral health administration, community-based care coordination, and population health management for vulnerable populations.
  • MY LIFE Children's services program providing youth-centered behavioral health support, peer support, recovery and resiliency services for children and adolescents in state care programs.
  • Magellan Assist Member assistance and support portal providing individuals with access to behavioral health resources, crisis communications, and care navigation tools.
  • MagellanProvider.com Provider Gateway Provider gateway portal enabling healthcare providers to access patient information, submit claims, verify eligibility, and manage behavioral health care delivery.

Quantifiable outcome

  • Magellan's value-based model for autism care shows meaningful outcomes for children with ASD
  • +1 more outcomes

Companies that use Magellan Healthcare

Customer profile

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Magellan Healthcare technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Magellan Healthcare partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered minor and core.

  • TriplemoonminorStrategic or Co-development Partner · 19 February 2026Triplemoon, a tech-enabled behavioral health startup founded in 2023, appointed Dr. Caroline Carney (CEO of Magellan Health) to its Board of Directors. The appointment follows Triplemoon's $3.5 million seed funding round and supports the company's expansion into pediatric mental health care using a Collaborative Care model integrating behavioral health into primary care settings.
  • KyocoreStrategic or Co-development PartnerMagellan Healthcare partnered with Kyo to improve autism outcomes. Kyo provides specialized autism services that complement Magellan's comprehensive care coordination and value-based payment models for children with autism spectrum disorder.
  • Autism AnalyticacoreTechnology or IntegrationAutism Analytica collaborated with Magellan Health to identify autism earlier, predict services needed, and monitor patient progress. The software company leverages data analytics to improve autism diagnosis and treatment tracking.
  • Idaho Joint Millennium Fund CommitteecoreOthersIdaho state legislative committee working to restore funding for the Assertive Community Treatment Medicaid mental health program. The committee voted to restore funding using tobacco settlement funds and opioid settlement funds following patient safety concerns after Magellan Healthcare's contractor cut services.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Magellan Healthcare competitors and assessment

Company assessment

Broad incumbents

  • Centene Corporation: Centene is Magellan's current parent (divesting) and the largest Medicaid managed care organization in the U.S., offering behavioral health benefits across its health plan portfolio — comparable in Medicaid behavioral health administration though at much greater scale and breadth.

Emerging players

  • Lyra Health: Lyra Health provides employer-sponsored mental health benefits through a hybrid in-person and digital care model — directly competing with Magellan's employer EAP and behavioral health benefits business with a tech-enabled approach.
  • Spring Health: Spring Health is a venture-backed mental health platform focused on employer EAP and behavioral health benefits, combining digital tools with provider networks — competing with Magellan's employer EAP segment with a more digital-native model.
  • Modern Health: Modern Health offers a global mental health platform for employers combining EAP, coaching, therapy, and digital self-service — an emerging competitor in the same employer behavioral health segment where Magellan sells EAP.
  • Quartet Health: Quartet Health focuses on the Collaborative Care Model (CoCM), integrating behavioral health into primary care settings — directly comparable to Magellan's CoCM product and pediatric mental health integration thesis.

Direct peers

  • Elevance Health Behavioral Health: Elevance Health (formerly Anthem) operates behavioral health capabilities inherited from Beacon Health Options, providing managed behavioral health services to health plan members — directly comparable to Magellan's health plan segment.
  • Evernorth Behavioral Health: Evernorth (Cigna) runs behavioral health administration and care services through its health services portfolio, including the Lucet platform — directly competing with Magellan in health plan and employer behavioral health administration.
  • New Directions Behavioral Health: New Directions is a private managed behavioral health organization serving health plans, employers, and government programs with utilization management, EAP, and behavioral health network administration — a smaller-scale direct peer to Magellan.
  • Lucet Behavioral Health: Lucet (owned by Evernorth/Cigna) provides behavioral health benefit management and provider network services to health plans, employers, and Medicaid programs — directly comparable in MBHO model and customer mix.
  • Optum Behavioral Health: Optum (UnitedHealth Group) operates one of the largest managed behavioral health organizations in the U.S., offering utilization management, network administration, and clinical programs to health plans, employers, and government payers — directly comparable to Magellan's MBHO core.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Magellan Healthcare social profiles

Digital presence

Magellan Healthcare compliance and trust

Trust signal

Compliance2 records

Magellan Healthcare financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Magellan Healthcare leadership team

Management profile

Number of profiles

Profiles1 record

Magellan Healthcare subsidiaries and ownership

Company hierarchy

Subsidiaries18 records

Magellan Healthcare funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Magellan Healthcare M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Magellan Healthcare

What does Magellan Healthcare do?

Magellan Healthcare is a behavioral health managed care company that administers mental health and substance use disorder benefits for health plans, state Medicaid programs, federal and Department of Defense agencies, and large employers. Its core service set includes utilization management, behavioral health provider network administration, clinical program design, telehealth delivery, integrated pharmacy oversight through the inforMED program, and specialized autism care via Magellan Autism Connections®. The organization also delivers Collaborative Care Management (CoCM) to integrate behavioral health into primary care settings and provides Employee Assistance Programs (EAP) to employer clients.

Is Magellan Healthcare a public or private company?

Magellan Healthcare is a private company. It is classified as corporate owned and is currently operating.

When was Magellan Healthcare founded?

Magellan Healthcare was founded in 1969. It employs 5,001 to 10,000 people.

Where is Magellan Healthcare based?

Magellan Healthcare is headquartered in Columbia, United States, in the North America region.

How does Magellan Healthcare make money?

Four revenue lines are on record. Managed Behavioral Health Services are the primary driver. The others are state Medicaid Programs, federal/DOD Behavioral Health and employer EAP and Benefits.

Who are Magellan Healthcare's main competitors?

Centene Corporation is listed as a broad incumbent. Emerging players are Lyra Health, Spring Health, Modern Health and Quartet Health. Direct peers are Elevance Health Behavioral Health, Evernorth Behavioral Health, New Directions Behavioral Health, Lucet Behavioral Health and Optum Behavioral Health.

Does Magellan Healthcare have an API?

No public API is recorded for Magellan Healthcare.

What industry is Magellan Healthcare in?

Magellan Healthcare's product category is Behavioral Health Managed Care. Its primary akta.pro industry code is HLAEAHAA, Behavioral Health Benefit Administration (MBHO Core), 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 8090.

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Live signals
BhbusinessNorth Carolina Behavioral Health MCOs Vaya Health, Partners Health Management to MergeVaya Health and Partners Health Management are merging to form Vaya Partners, a behavioral health organization serving roughly 222,000 members in North Carolina. The deal closes in October 2026, with Tracy Hayes as CEO and Libby McCraw as senior deputy CEO. The merger aims to provide consolidated services for complex conditions.Idaho Capital SunIdaho lawmakers might have funding to restore cut Medicaid mental health program • Idaho Capital SunIdaho's Joint Millennium Fund Committee voted unanimously to restore funding for the Assertive Community Treatment Medicaid mental health program using tobacco settlement funds, contingent on securing additional opioid settlement funds. Four patients died in less than four months after the program's contractor, Magellan Healthcare, cut the service in December due to reduced pay rates from the Idaho Department of Health and Welfare following state budget cuts. The committee's decision still requires official legislative appropriation before the program can be reinstated.Idaho Capital SunIdaho isn’t sure mental health cuts will save money long-term, Medicaid director says • Idaho Capital SunIdaho Medicaid Deputy Director Sasha O’Connell stated in a federal lawsuit filing that the state is proceeding with mental health service cuts to address a $40.3 million budget shortfall, despite lacking data to prove these reductions will save money long-term. The cuts, implemented by contractor Magellan Healthcare, have drawn criticism from legislators and providers who warn of public safety risks and potential provider withdrawals from the Medicaid network.PR NewswireMagellan Healthcare Now Serves Idaho Behavioral Health Plan MembersMagellan Healthcare, a subsidiary of Magellan Health, Inc., has begun serving as the state-wide contractor for the Idaho Behavioral Health Plan (IBHP), which launched on July 1, 2024, providing integrated behavioral health and crisis services to Idahoans with serious mental illness, substance use disorders, and co-occurring conditions. The Idaho Department of Health and Welfare selected Magellan in June 2023 following a competitive process, and over the past year the company has developed comprehensive programs integrating Medicaid and non-Medicaid services across the state. The launch marks a significant expansion of Magellan's behavioral health managed care operations into Idaho, creating a transformational system of care for the state's most vulnerable populations.PR NewswireThe Ridge RTC Partners with Magellan Healthcare to Expand Access to Teen Mental Health ServicesThe Ridge RTC announced a partnership with Magellan Healthcare to expand access to mental health treatment for teenagers at its New Hampshire facility. The collaboration will allow The Ridge to leverage Magellan Healthcare's resources to serve a larger number of young individuals in need of specialized mental health programs. The Ridge RTC, which is part of Altior Healthcare, is also opening a second facility in Maine.GlobeNewswireEquip and Magellan Healthcare Collaborate to Offer Virtual Eating Disorder Treatment in CaliforniaEquip, a virtual eating disorder treatment provider founded in 2019, announced a collaboration with Magellan Healthcare's behavioral and specialty division to make its services available to certain Magellan members in California. The company, which raised $58 million in Series B funding last month, has expanded coverage to over 40 states.YahooEquip and Magellan Healthcare Collaborate to Offer Virtual Eating Disorder Treatment in CaliforniaEquip announced a collaboration with Magellan Healthcare to provide in-network virtual eating disorder treatment services to members in California. This partnership expands access to Equip's Family-Based Treatment model for Magellan's behavioral health beneficiaries, addressing provider shortages and financial barriers. The announcement follows Equip's recent $58 million Series B funding round and its expansion to over 40 states.PR NewswireMightier Video Game Pilot Program with Magellan Healthcare Leads to 45% Improvement in Symptoms for Children with AutismMightier and Magellan Healthcare released results from a pilot program demonstrating that adding Mightier's video game system to Applied Behavior Analysis (ABA) therapy resulted in a 45% improvement in symptoms for children with autism compared to ABA alone. The study, conducted during the pandemic, involved children playing one hour per week and showed significant reductions in aggressive behavior and family stress. Following these positive outcomes, Magellan has begun recruiting 200 members across its network to expand access to the technology.PR NewswireMightier and Magellan Health Launch NIMH-Funded Research to Improve Outcomes in Children's Mental Health through the Use of Video GamesMightier and Magellan Health have launched a $2 million, 24-month clinical study funded by the National Institute of Mental Health to evaluate how video games improve mental health outcomes for children. The research aims to validate digital tools as a means to increase access to care, reduce costs, and treat disorders such as ADHD, anxiety, and oppositional defiant disorder within Magellan's network.PR NewswireLiberty Mutual Insurance makes Leading Employee Assistance Program available to its mid-size Construction Commercial Insurance PolicyholdersLiberty Mutual Insurance has partnered with Magellan Healthcare to offer a leading Employee Assistance Program to mid-size construction companies that are Liberty Mutual workers compensation policyholders. The program provides mental health, substance abuse, financial, and legal counseling services at special rates to address stress from the coronavirus pandemic, opioid misuse, and economic uncertainty. Liberty Mutual expects to expand this EAP offering to workers compensation policyholders in other industries.