Magellan Health Headquarters Opens in Scottsdale, Arizona

Magellan Health, Inc. (NASDAQ: MGLN) today announced that it has opened its new corporate headquarters in Scottsdale, Ariz. With the company’s growing presence in Arizona following the acquisition of Partners Rx, Magellan originally announced on April 29 that it would be moving its headquarters from Connecticut to Arizona.

“Magellan has had a long history in the State of Arizona, and with our acquisition of Partners Rx last year, we expect to grow our presence here,” said Barry M. Smith, chairman and chief executive officer. “I will be joined in Scottsdale by several of our senior leaders, as we seek to grow Magellan’s footprint in behavioral health, pharmacy benefit and specialty solutions management across the country.”

In addition to the headquarters, Magellan Rx Management, the company’s pharmacy offering, consisting of pharmacy benefit management, Medicaid pharmacy benefit administration, and specialty and medical pharmacy management, maintains a separate office in Scottsdale. NIA Magellan, the company’s specialty solutions business, which offers diagnostic imaging management services, as well as programs that manage the evaluation and therapy associated with cardiology services, musculoskeletal management, radiation oncology, obstetrical ultrasounds, genetic testing and sleep management, also has employees in Arizona. Magellan will maintain its business operations in many current locations, including its former headquarters in Connecticut.

About Magellan Health: Headquartered in Scottsdale, Ariz., Magellan Health, Inc. is a healthcare management company that focuses on fast-growing, complex and high-cost areas of healthcare, with an emphasis on special population management. Magellan delivers innovative solutions to improve quality outcomes and optimize the cost of care for those we serve. Magellan’s customers include health plans, managed care organizations, insurance companies, employers, labor unions, various military and government agencies, third party administrators, consultants and brokers. For more information, visit MagellanHealth.com.

Contacts:

Magellan Health, Inc.
Media Contact:
Colleen Flanagan Johnson, (860) 507-1923
cefjohnson@magellanhealth.com
or
Investor Contact:
Renie Shapiro Silver, (877) 645-6464
rshapiro@magellanhealth.com

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