Magellan Health Services

2009 News Releases

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11/18/09Magellan Health Services to Release 2010 Financial Guidance on December 15, 2009
AVON, Conn.--(BUSINESS WIRE)--Nov. 18, 2009-- Magellan Health Services, Inc. (Nasdaq:MGLN) today announced that it will release financial guidance for 2010 on Tuesday, December 15, 2009. Chairman and Chief Executive Officer René Lerer, M.D., President Karen S. Rohan, and Chief Financial Officer Jonathan Rubin will host a conference call for the investment community at 9:30 a.m. Eastern time the same day. The press release detailing t... 
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10/30/09Magellan Health Services Reports Third Quarter 2009 Financial Results
Release with tables in PDF version Company Expects 2009 Results in Upper Half of Guidance Range Secures National Behavioral Health Agreement with WellCare AVON, Conn.--(BUSINESS WIRE)--Oct. 30, 2009-- Magellan Health Services, Inc. (Nasdaq:MGLN) today reported net income of $31.0 million, or $.88 per diluted common share, and segment profit of $64.5 million for the third quarter of 2009. The Company also increased guidance... 
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10/29/09Magellan Health Services Announces Presentations at Upcoming Investor Conferences
AVON, Conn.--(BUSINESS WIRE)--Oct. 29, 2009-- Magellan Health Services, Inc. (Nasdaq:MGLN) announced today that members of the Company’s management team will present a general overview of the Company and discuss its business strategy at two upcoming investor conferences: Karen Rohan, president, will present at Oppenheimer’s 20th Annual Healthcare Conference on Wednesday, November 4 at 10:50 a.m. Eastern. R... 
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09/30/09Magellan Health Services Announces Third Quarter 2009 Earnings Release Date and Conference Call
AVON, Conn., Sep 30, 2009 (BUSINESS WIRE) -- Magellan Health Services, Inc. (Nasdaq:MGLN) today announced that it will release third quarter 2009 earnings results on Friday, October 30, 2009. Management will discuss the Company's financial results as well as its business strategy and outlook in a conference call to be held the same day at 10:30 a.m. Eastern time. The press release detailing the Company's third quarter 2009 earnings results will be issued ... 
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08/31/09National Imaging Associates' Perspective: Study Reinforces Need for Congressional Provisions to Protect Patients from Unnecessary Imaging Exams and Radiation Exposure
AVON, Conn.--(BUSINESS WIRE)--Aug. 31, 2009-- Thomas Dehn, M.D., FACR, executive vice president and chief medical officer of National Imaging Associates, a Magellan Health Services (Nasdaq: MGLN) company, today issued the following statement about the New England Journal of Medicine study published on Aug. 27 regarding patient exposure to ionizing radiation in imaging procedures. “This article in the New England Journal of Medicine (“Exposure... 
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07/31/09Magellan Health Services Reports Second Quarter 2009 Financial Results
Release with tables in PDF version Affirms 2009 Earnings Guidance Board of Directors Authorizes $100 Million Share Repurchase First Health Services Acquisition Expected to Close Today Company Names Karen S. Rohan President AVON, Conn., Jul 31, 2009 (BUSINESS WIRE) -- Magellan Health Services, Inc. (Nasdaq:MGLN) today reported financial results for the quarter ended June 30, 2009 and reaffirmed that it expects to end the year within its previously provided ranges of... 
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06/26/09Magellan Health Services Announces Second Quarter 2009 Earnings Release Date and Conference Call
AVON, Conn.--(BUSINESS WIRE)--Jun. 26, 2009-- Magellan Health Services, Inc. (Nasdaq:MGLN) today announced that it will release second quarter 2009 earnings results on Friday, July 31, 2009. Management will discuss the Company’s financial results as well as its business strategy and outlook in a conference call to be held the same day at 10:00 a.m. Eastern time. The press release detailing the Company’s second quarter 2009 earnings res... 
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06/18/09National Imaging Associates' Perspective on Health Care Reform
Radiology Benefits Management Offers Proven Solutionto Address Medicare Imaging Crisis AVON, Conn.--(BUSINESS WIRE)--Jun. 18, 2009-- As dialogue on the most effective strategies for meaningful health care reform continues to play out on a national stage, National Imaging Associates, a Magellan Health Services (Nasdaq: MGLN) company, today reemphasized the importance of ensuring that patients have access to high-quality, safe and clinically appropriate ad... 
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06/05/09Magellan Health Services to Acquire First Health Services Corp. from Coventry Health Care
PDF version Acquisition Will Expand Medicaid Capabilities AVON, Conn.--(BUSINESS WIRE)--Jun. 5, 2009-- Magellan Health Services, Inc. (Nasdaq:MGLN) today announced that it has signed a definitive agreement to acquire First Health Services Corporation, a subsidiary of Coventry Health Care, Inc. (NYSE:CVH) that provides pharmacy benefits administration and other services for Medicaid programs. The Company also signed service agreements with ... 
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06/01/09Magellan Health Services to Present at Goldman Sachs 30th Annual Global Healthcare Conference
AVON, Conn.--(BUSINESS WIRE)--Jun. 1, 2009-- Magellan Health Services, Inc. (NASDAQ:MGLN) announced today that René Lerer, M.D., chairman and chief executive officer of the Company, will present at the Goldman Sachs 30th Annual Global Healthcare Conference on Tuesday, June 9, 2009. Lerer is expected to provide a general overview of the Company and discuss its business strategy and outlook as part of a discussion moderated by Goldman Sachs analysts. ... 
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05/08/09Magellan Health Services to Present at Bank of America and Merrill Lynch 2009 Health Care Conference
AVON, Conn.--(BUSINESS WIRE)--May. 8, 2009-- Magellan Health Services, Inc. (Nasdaq:MGLN) announced today that René Lerer, M.D., chairman and chief executive officer of the Company, will present at the Bank of America and Merrill Lynch 2009 Health Care Conference on Wednesday, May 13, 2009. Lerer is expected to provide a general overview of the Company and discuss its business strategy and outlook. Magellan’s presentation is scheduled ... 
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04/30/09Magellan Health Services Reports First Quarter 2009 Financial Results
Release with tables in PDF version Company Affirms 2009 Earnings Guidance AVON, Conn.--(BUSINESS WIRE)--Apr. 30, 2009-- Magellan Health Services, Inc. (Nasdaq:MGLN) today reported net income of $13.6 million, or $.37 per diluted common share, and segment profit of $39.1 million for the first quarter of fiscal year 2009. The Company also confirmed that it expects to end the year within its previously provided ranges of segment profit of $190 mill... 
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04/07/09National Imaging Associates Applauds Inclusion of Imaging Appropriateness Measures in Presidential, Congressional Budgets
AVON, Conn., Apr 07, 2009 (BUSINESS WIRE) -- National Imaging Associates, a Magellan Health Services (Nasdaq:MGLN) company, today applauded the inclusion of imaging appropriateness measures in the proposed federal budgets of the President and Congress. Budget resolutions being developed by both the Senate and House contain provisions that will enable the Medicare program to ensure every senior receives access to clinically appropriate advanced imaging procedures... 
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03/26/09Magellan Autism Connections Launches to Support Health Care Insurers, Employers and Families
AVON, Conn.--(BUSINESS WIRE)--Mar. 26, 2009-- With the diagnosis of autism spectrum disorders (ASD) growing steadily over the past two decades and cost of care exceeding $35 billion a year, Magellan Health Services, an industry leader in behavioral health care management, has launched Magellan Autism ConnectionsSM, a program to ensure that individuals and families living with these disorders receive effective and appropriate care. Toda... 
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03/13/09Magellan Health Services Announces First Quarter 2009 Earnings Release Date and Conference Call
AVON, Conn.--(BUSINESS WIRE)--Mar. 13, 2009-- Magellan Health Services, Inc. (Nasdaq:MGLN) today announced that it will release first quarter 2009 earnings results on Thursday, April 30, 2009. Management will discuss the Company’s financial results as well as its business strategy and outlook in a conference call to be held the same day at 10:00 a.m. Eastern time. The press release detailing the Company’s first quarter 2009 earnings re... 
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03/06/09Magellan Health Services Announces Presentations at Upcoming Conferences
AVON, Conn.--(BUSINESS WIRE)--Mar. 6, 2009-- Magellan Health Services, Inc. (Nasdaq:MGLN) announced today that René Lerer, M.D., chairman and chief executive officer of the Company, will present at the following conferences: Raymond James 30th Annual Institutional Investors Conference on Tuesday, March 10 at 2:15 pm Eastern Barclays Capital Global Healthcare Conference on Wednesday, March 11 at 11:15 am ... 
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03/03/09Magellan Health Services Joins NCQA in Piloting Industry Standards for Cultural Competency
AVON, Conn.--(BUSINESS WIRE)--Mar. 3, 2009-- Magellan Health Services, Inc. (Nasdaq:MGLN) is participating in a pilot study to test the measurability of a set of standards established by the National Committee for Quality Assurance (NCQA) to assess the quality of culturally and linguistically appropriate health care services. Magellan is providing feedback on the following standards developed by NCQA: The gathering and use of cultur... 
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02/27/09Magellan Health Services Reports Fourth Quarter and Fiscal Year 2008 Financial Results
Release with tables in PDF version Board of Directors Appoints Rene Lerer Chairman, Eran Broshy Director AVON, Conn.--(BUSINESS WIRE)--Feb. 27, 2009-- Magellan Health Services, Inc. (Nasdaq:MGLN) today reported net income of $86.2 million, or $2.16 per diluted common share, and segment profit of $219.6 million for the fiscal year ended December 31, 2008. The Company announced that its Board has appointed CEO René Lerer, M.D. to the addition... 
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01/22/09Transparency. Quality. Accountability.
National Imaging Associates and National Digital Medical Archive Address Healthcare Imperatives ... One Radiology Scan at a Time AVON, Conn. & PHILADELPHIA--(BUSINESS WIRE)--Jan. 22, 2009--Taking a cue from the Obama administration's proposed bipartisan approach to healthcare reform, National Imaging Associates and National Digital Medical Archive today announced a new, collaborative program to drive improvements in the use of advanced imaging technology. ... 
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01/16/09Magellan Health Services Announces Fourth Quarter and Fiscal Year 2008 Earnings Release Date and Conference Call
AVON, Conn.--(BUSINESS WIRE)--Jan. 16, 2009--Magellan Health Services, Inc. (Nasdaq:MGLN) today announced that it will release fourth quarter 2008 and fiscal year 2008 earnings results on Friday, February 27, 2009. Management will discuss the Company's financial results as well as its business strategy and outlook in a conference call to be held the same day at 10:00 a.m. Eastern time. The press release detailing the Company's fourth quarter and fis... 
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