Here are a few of the most interesting Magellan Health statistics and facts I was able to dig up including revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Magellan Health Facts
- Website: Official Website
- Year Founded: 1969
- Headquarters: Scottsdale, AZ
- Current Chief Executive: Kenneth J. Fasola
What is Magellan Health?
Magellan Health is a leader in managing the fastest growing, most complex areas of health, including special populations, complete pharmacy benefits and other specialty areas of healthcare. Magellan supports innovative ways of accessing better health through technology, while remaining focused on the critical personal relationships that are necessary to achieve a healthy, vibrant life. Magellan’s customers include health plans and other managed care organizations, employers, labor unions, various military and governmental agencies and third-party administrators. (source)
Magellan Health Revenue Totals
Magellan Health annual revenue:
- 2018: $7.314 billion
- 2017: $5.838 billion
- 2016: $4.836 billion
- 2015: $4.597 billion
- 2014: $3.760 billion
- 2013: $3.546 billion
Magellan Health annual net income:
- 2018: $24 million
- 2017: $110 million
- 2016: $77 million
- 2015: $31 million
- 2014: $79 million