AVON, Conn.--(BUSINESS WIRE)--April 3, 2007--Magellan Health Services, Inc. (Nasdaq:MGLN) announced today that it has entered into a binding letter of agreement with Empire Blue Cross Blue Shield, the largest insurer in New York and a subsidiary of WellPoint, Inc., to convert its existing fee-based administrative-services-only (ASO) contrac...
AVON, Conn.--(BUSINESS WIRE)--March 16, 2007--Magellan Health Services, Inc. (Nasdaq:MGLN) announced today that Steve Shulman, chairman and chief executive officer of the Company, will present at the Lehman Brothers 10th Annual Global Healthcare Conferences on Tuesday, March 20, 2007. Shulman is expected to provide a general overview of the...
AVON, Conn.--(BUSINESS WIRE)--Feb. 28, 2007--Magellan Health Services, Inc. (Nasdaq:MGLN) today reported operating results for the fourth quarter and fiscal year 2006. Financial Results For the fiscal year ended December 31, 2006, the Company reported net revenue of $1.7 billion and net income of $86.3 million, or $2.2...
AVON, Conn.--(BUSINESS WIRE)--Feb. 27, 2007--Magellan Health Services, Inc. (Nasdaq:MGLN), a leading specialty health care management organization, today announced that its Board of Directors has nominated former Congresswoman Nancy Johnson as an independent director for election at the Company's annual shareholder meeting to be held May 15...
AVON, Conn.--(BUSINESS WIRE)--Feb. 16, 2007--Magellan Health Services, Inc., the nation's leading manager of mental health and substance abuse services, is collaborating with the United States Psychiatric Rehabilitation Association (USPRA) on a training series to educate those involved with public sector mental health delivery about the ess...
AVON, Conn.--(BUSINESS WIRE)--Feb. 5, 2007--Magellan Health Services, Inc. (Nasdaq:MGLN) today announced that it will release fourth quarter 2006 earnings results and fiscal year 2006 earnings results on Wednesday, February 28, 2007. Management will discuss the Company's financial results as well as its business strategy and outlook in a co...
AVON, Conn.--(BUSINESS WIRE)--Jan. 3, 2007--Magellan Health Services, Inc. (Nasdaq:MGLN) today announced that it has entered into a definitive agreement with CIGNA HealthCare with respect to the provision of radiology network management and other related services that had been the subject of the non-binding letter of intent with CIGNA that ...
AVON, Conn.--(BUSINESS WIRE)--Dec. 14, 2006--Magellan Health Services, Inc. (Nasdaq:MGLN) said today that for fiscal year 2007 it expects to generate net revenue in the range of $2.05 billion to $2.15 billion; net income in the range of $68 million to $83 million; and segment profit in the range of $190 million to $210 million. These result...
AVON, Conn.--(BUSINESS WIRE)--Dec. 1, 2006--Magellan Health Services, Inc. (Nasdaq:MGLN) today announced that it will release financial guidance for 2007 on Thursday, December 14, 2006. Chairman and Chief Executive Officer Steven J. Shulman and Chief Financial Officer Mark S. Demilio will host a conference call for the investment community ...
AVON, Conn. – November 22, 2006 – Magellan Health Services, Inc. (Nasdaq:MGLN) announced today that Steven J. Shulman, chairman and chief executive officer of the Company, will present at the 2006 Merrill Lynch Health Services Investor Conference on Tuesday, November 28, 2006. Shulman is expected to provide a general overview of the ...
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