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Magellan Health Services Incorporated

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Top Magellan Health Services Incorporated Articles

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  • HCC awarded cybersecurity certification

    HCC awarded cybersecurity certification
    Howard Community College has received a national certification that not only highlights its information and cybersecurity programs but will also help provide its students an inside track for careers in the field, according to school officials. Two-...
  • What corporate certification means

    By 5 p.m. today, 695 of the nation's largest companies must certify to the U.S. Securities and Exchange Commission in Washington that the results of their companies' finances are true. The rule affects nine companies based in the Baltimore region --...
  • Magellan Health Drops 'Services' From Its Name

    Magellan Health Services Inc. announced Wednesday it is dropping the last word in its name to become Magellan Health Inc. The company announced in February it was rebranding and announced names for various business lines, including Magellan Healthcare,...
  • Magellan Health Reports Loss Of Contract That Provided $60 Million Last Year

    Magellan Health Services Inc. of Avon reports that it is losing contracts with a large customer in its specialty pharmacy segment — a customer that provided $60.4 million in revenue to the insurer last year. Magellan did not identify the company,...
  • Magellan Stock Dips As It Announces Loss Of Contract

    Magellan Health Services Inc. said in a federal filing Monday that one of its customers will end a contract at the end of 2013. The customer was not named. The customer's contract brought in $144.5 million in revenue to Magellan during the nine-month...
  • Avon-based Magellan Health Services To Have A New CEO Starting Jan. 1

    Magellan Health Services Inc. will have a new chief executive at the start of the year as current CEO René Lerer steps down to become a full-time executive chairman. The change is part of a transition to take place over several years. Barry M. Smith will...
  • Magellan Reports Strong Earnings, Decreases Outlook Over Loss Of Arizona Contract

    Magellan Health Services Inc. reported better earnings and stronger revenue for the first three months of the year compared with the same period last year, but the company lowered its outlook because it lost a multi-billion-dollar Medicaid contract in...
  • Aetna CEO's Pay More Than Tripled Last Year

    Aetna CEO's Pay More Than Tripled Last Year
    The CEO of Aetna Inc., Mark T. Bertolini, had a 2012 pay package that more than tripled — nearly quadrupled — his compensation the year before, according to documents filed Friday with the U.S. Securities and Exchange Commission. Bertolini...
  • Magellan Health's Lerer Received $4.3 Million Last Year As CEO

    In his last year as CEO of Magellan Health Services Inc., René Lerer was compensated 32 percent less last year than in 2011, according to documents filed Wednesday with the U.S. Securities and Exchange Commission. Lerer was compensated $4.3 million...
  • Insurance Companies Offer Free Counseling Hotlines After Boston Marathon Explosion

    Three health insurers — Aetna, Cigna Corp. and Magellan Health Services Inc. — are offering free behavioral health consultations to help people deal with trauma and grief related to the Boston Marathon. In all three cases, the hotlines are...
  • Avon-based Magellan Protests Loss Of Arizona Contract Worth $3 Billion To $5 Billion

    Magellan Health Services Inc. said Wednesday it is protesting its loss of a state-awarded contract in Arizona worth $3 billion to $5 billion to manage a behavioral health system in the Phoenix region. The Avon-based specialty health insurer has had the...
  • Magellan Health Reports Third-Quarter Earnings Far Above Analysts' Expectations

    — Magellan Health Services Inc. saw its stock leap early Friday as third-quarter earnings beat analysts' expectations. Net income for the three-month period ending Sept. 30 was $66.3 million, or $2.36 per diluted share, compared with $31.4 million,...