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Centene completes acquisition of Magellan Health, establishing a leading behavioral health platform in a critical time
Your existing relationship with Magellan remains in place
On Jan. 4, 2022, Centene Corporation announced that it has completed its acquisition of Magellan Health, Inc.
The acquisition enables Centene to provide whole-health, integrated healthcare solutions to deliver better health outcomes at lower costs for complex, high-cost populations.
“Magellan will expand Centene’s reach to provide increased access to behavioral healthcare for our members at a time when so many Americans are struggling with mental or behavioral health issues,” said Michael Neidorff, chairman and chief executive officer of Centene. “This transaction establishes a strong foundation from which we will innovate and reimagine behavioral and specialty health to provide comprehensive and integrated healthcare to our members, while generating value for our state partners and shareholders.”
Magellan Health will operate independently under Centene’s Health Care Enterprises umbrella. Ken Fasola, CEO of Magellan Health, and other members of Magellan Health’s leadership team will continue to lead the organization.
What this means for you as a Magellan provider
At this time, nothing is changing. If changes should occur in the future, we will inform you well in advance of their effective date.
As always, we value our relationship with you, and our focus remains on you and providing the excellence in service and care you and our members have come to expect from us.